Grain and oilseed prices took major drops this week. Farmers with grain in sheds are now looking at spot barley and wheat prices of under €250/t and €265/t, respectively.
Those prices are down approximately €20/t in a week and reflect what is happening in global markets.
Looking ahead to harvest prices, French wheat for December tumbled under €250/t on Wednesday afternoon. At the time of going to print it was at €248.25/t, down €18/t on last Friday’s close.
Oilseed rape has fallen almost €50/t in less than two weeks as large global supplies impact on prices.
This week, Tirlán offered suppliers €212/t for green barley at harvest.
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