Organic arable

Price data - September 2014

Commodity

£/Tonne

Wheat, milling (*subject to protein)

Wheat, feed

£225*

£190

Barley

£180

Oats, milling

Oats, feed

£175

£170

Triticale

£178

Beans

£255

Feed Price

The prices listed above (other than those for milling wheat and oats) indicate the feed value of material ex-farm for movement for the next month.  These results are averaged from information collected from key producers, traders and feedmills. Prices serve as a guide only - actual prices will depend on volume, availability, quality and supply.

For a list of organic grain merchants please send a request (together with your name and producer membership/licensee number) to producer.support@soilassociation.org - or call 0117 314 5100

Market report - September 2014

Courtesy of Simon Tubbs, Saxon Agriculture

Cereal yields are generally reported to be good to above average this season, but milling wheats have been very low protein on samples seen to date. We hope that the later spring sown crops will be higher to make milling grade. There will be very good premiums for any such samples.

The low feed prices currently on offer have made sellers reluctant participants, but it has to be said that buyers have also been very low profile whilst markets have remained defensive. As we go to press, there is little optimism that the feed markets have any reason to lift given ample stocks worldwide. Imported maize looks to be a similar price to wheat (as opposed to a £15 discount last year), which could result in a larger amount of wheat being used by feed compounders in the UK - but we feel that maize prices will have to fall given large crop availability.

We have already seen some malting grade barleys, so again, it is certainly worth sampling any potential quality barleys.

Oats remain very difficult to place - millers were overbought from last season and have therefore been unwilling to make any nearby purchases. This situation will resolve itself in the autumn, so in the meantime we suggest that sellers send samples in for analysis.

To conclude, the early harvest and oversupply of feed grade cereals have put pressure on markets after several years of high prices. The continuing unrest in Ukraine will keep markets volatile, so a watching brief on the market is the way forward.