Grain Market Update

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Grain Market Update
16 Nov 2016

Grain Market Update

Grain

Grain prices calmed this week after a tumultuous period as markets reacted to the surprise election of Donald Trump, a weaker US dollar and the latest USDA report calling a record US corn yield.

Irish dried grain prices have edged a little lower in line with international prices.

Dried barley spot €153 – €155/t, Jan-Feb €157 – €158/t, harvest 2017 €158/t.

Wheat spot €163 – €165/t, Jan-Feb €168 – €170/t, harvest 2017 €168/t.

Maize spot €174/t, Jan-Oct €175/t, harvest 2017 €175/t.

Soya spot €355/t, Jan – Oct €357/t.

Oat trade is very slow. Indications on an export price indicated at €150 – 153/t delivered port.

 

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