Volatility has hit the trade for straw with few new-crop supplies available.

Demand for available straw has outstripped supply with few end-of-season stocks available. Auctioneers report complete clearances at recent standing straw sales.

Ann Morton of Rugby auctioneer Howkins & Harrison sold just over 1500 acres between Coventry and Northampton and said values were slightly up on the year.

“It was a huge entry and we didn’t expect to sell it all, but there was a 100% clearance.”

Barley straw had ranged from £16 to as high has £27/acre, with wheat averaging £11-12/acre.

Herefordshire auctioneer David Thompson said fears of a wet harvest had caused average prices to fall £24/t on the year.

http://www.fwi.co.uk/Articles/2007/07/25/105392/volatile-prices-for-straw-trade.html

Posted: 07|26|07 at 9:07 am. Filed under: UK News.