[Box] Deadweight cattle, lamb, pig and weaner prices could not be updated this week due to Christmas deadlines. Updated prices for the week to 7 December will be available on fwi.co.uk from Wednesday, 18 December. ? Grain and oilseed markets are likely to be steadier in 2014, with the prospect of some commodity prices falling as global supply rebuilds, according to a report by analyst Rabobank. “Record prices and extreme volatility, which have typified many agri-markets since the early 2000s, look set to be replaced by more balanced fundamentals in 2014,” it said. “Global inventory levels have been rebuilding throughout 2013, and the rapid demand growth of recent seasons has slowed. “Key variables to watch in the year ahead include slowing biofuel demand, commodity currency weakness and uncertain Chinese demand growth.” The outlook for global wheat markets was neutral, with a narrow price range expected, said the report. Corn markets were bearish, given large US carryover stocks, with the soya bean outlook also bearish due to record South American plantings. On the upside, lower palm oil stocks would provide support to that market. Of course, any weather setbacks could send commodity prices higher, with the wider economic situation also playing a key role. Domestic wheat markets ended the week to Tuesday (17 December) relatively unchanged, at just under £160/t ex-farm.
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