Farmers Guradian
Topics
Nine ways to keep your farm vehicles safe

Nine ways to keep your farm vehicles safe

Arable Farming Magazine

Arable Farming Magazine

Dairy Farmer Magazine

Dairy Farmer Magazine

LAMMA 2018

New to Farmers Guardian?
Register Now
Login or Register
New to Farmers Guardian?
Register Now
New to Farmers Guardian?
Register Now

You are viewing your 1 free article

Register now to receive 2 free articles every 7 days
Already a Member?

Login | Join us now

Giant load of OSR heads for Turkey amid market stagnation

The huge load left Gleadell’s port at Immingham, North East Lincolnshire.


Twitter Facebook
Twitter Facebook

THE largest shipment of oilseed rape to leave UK shores this season – and the biggest from a north-eastern port for over a decade ­– departed this week for Turkey.

 

A total of 22,000 tonnes was loaded onto the MV Maraki at Gleadell’s deep-water facility at ABP’s Port of Immingham.

 

The cargo would help to keep the UK’s OSR export trade on track, said Gleadell trading director Jonathan Lane.

 

He said: “Given this season’s crop of 2.4 million tonnes, the country needs to export about 400,000t. We are about halfway there midway through the season.”

 

Turkey had been an occasional customer of the UK in recent years, but cheaper freight rates and the UK’s competitive prices at the time of the sale had helped secure this latest trade, said Mr Lane.

 

The rapeseed market remained flat, with significant change unlikely in the short-term, he added.

 

EU values had fallen back due to slack crush demand, but the weakening pound had helped shore up prices this side of the Channel.

 

“Sterling has slipped about 4.5 cents since December, cushioning prices to the tune of £12-13/t.”

 

Future direction was largely weather dependent, Mr Lane said. The next marker would be the condition of the European crop coming out of the winter.


Read More

Could bees play a role in OSR pest management? Could bees play a role in OSR pest management?
Investment in establishment gets OSR off to a good start Investment in establishment gets OSR off to a good start
Optimising OSR seed numbers for maximum yields Optimising OSR seed numbers for maximum yields
OSR most vulnerable to cabbage stem flea beetle attack at emergence OSR most vulnerable to cabbage stem flea beetle attack at emergence
Spotlight on Turkey's booming agriculture sector Spotlight on Turkey's booming agriculture sector

Twitter Facebook
Post a Comment
To see comments and join in the conversation please log in.
Facebook
Twitter
RSS
Facebook
Twitter
RSS