Jonathan Lane, Gleadell’s trading director, comments on the OSR market

US soybeans have remained range bound on the week with little new input. The market continues to watch South American weather but at present the conditions appear fairly benign.

Matif rapeseed futures have traded lower, weighed down by weakening crude and a lack of crush demand.

The euro/pound rate has been extremely volatile this week with the euro continuing to gain on sterling. This has helped to support UK domestic markets in the face of a weakening matif.