Attitudes to exports dominated market sentiment last week, with the market swayed either way by changing news.

Markets in the US and Paris suffered when news of the most recent wheat purchases by Egypt revealed that it was again sourced from Russia and Ukraine, following the hope that Russian exports were slowing in recent weeks.

But late in the week, the markets took a jump following news of stronger than expected export data from the US.

Oilseed rape prices appear to have held steady over the past week, with varying pressures exerted on soya beans in particular.

This is mainly a result of lower production in Canada and substantially lower production expected from Australia.

Closer to home, there is little market movements as stock levels from buyers are at comfortable levels.

Maize (€180/t ex-port) still dominates the market, which is depressing nearby native grain demand.

UK prices were all up slightly at close of business last week, helped by a somewhat stronger market and currency.

Delivered wheat was up by £1 to £2.50/t, depending on location.

Ex-farm wheat was up 60p at £167.60/t, while barley was also up 60p at £163.80/t.

However, confidence is somewhat lower from UK sellers over the future trading uncertainty.

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Grain markets: domestic markets quiet but price remains steady

Domestic markets remained flat throughout the week as a result of relatively low demand from buyers. However, EU markets took a hit with the news of continued Russian wheat exports.