Wheat prices under pressure from US tariff uncertainty
Feed Wheat
London feed wheat for November 2025 fell to £174.65, down 1.6% from last week's closing price of £177.45. Grain prices typically come under pressure during the harvest period due to increased supply, but they fell further as global commodity markets weakened amid uncertainty over outstanding US trade talks ahead of tariff deadlines. With currency moves modest, market pressure spread from the US to Europe. The carry to May 2026 widened to £12.00.
On Hectare Trading, new crop feed wheat achieved offers up to £193 in the West Midlands for May 2026 movement, with a price offer range of £13, and saw offers of £186 in Central Scotland for September 2025 movement, with an offer range of £6.
We’ve seen quite a good carry on Hectare Trading into September and October versus harvest movement, with instances of farmers earning an extra £5 per tonne just by accepting a September movement over August — keep an eye out for these opportunities!
Milling Wheat
Paris milling wheat for September 2025 edged up to €196.25 (£169.65), up 0.4% from last week's closing price of €195.50 (£169.00). The carry to December 2025 narrowed to £5.40.
On Hectare Trading, new crop Group 1 wheat received a range of price offers up to £207 in East Anglia for September 2025 movement, with a price offer range of £13. New crop Group 2 wheat saw offers of £174 in East Anglia for August 2025 movement, with an offer range of £6.
Rapeseed
Paris rapeseed for August 2025 fell to €457.50 (£395.49), down 3.8% from last week's closing price of €475.50 (£411.05). Futures were pressured by doubts over a US-Canada trade deal, which is key for the oilseed market, as the US remains the largest buyer of Canada’s canola oil and meal. The carry to November 2025 widened to £17.29.
On Hectare Trading, new crop oilseed rape achieved offers up to £384 in North East Scotland for July 2025 movement, with a price offer range of £17.
Other Grains
Elsewhere on Hectare Trading, old crop feed peas received offers of £220 in Yorkshire and the Humber for August 2025 movement, with a price offer range of £5. New crop milling oats saw offers of £145 in East Midlands for August 2025 movement, with an offer range of £12. New crop feed beans achieved offers of £215 in the South West for August 2025 movement, with an offer range of £5. New crop feed barley saw offers of £163 in North East Scotland for September 2025 movement, with an offer range of £5.
Wanted Crop
🌱 Linseed is wanted for collection from all areas of England. Wanted at £550-£600/t ex-farm for August, September, or October movement.
🌾 Oats are wanted for collection from the Midlands up to Scotland. Wanted at £135/t ex-farm for August/September movement.
🌼 Oilseed Rape is wanted for collection from Aberdeenshire, Angus, and Perth and Kinross. Wanted at £375-£385/t ex-farm for August/September movement.
🌾 Feed Wheat is wanted for collection from Kent. Wanted at £161/t ex-farm for September movement.
🌾 G4 Soft Wheat is wanted for collection from Northern and Central Scotland. Wanted at £180-£185/t ex-farm for August movement.
This article is for general information only and is not an instruction to trade. While we make every effort to ensure the accuracy of the content at the time of publication, Hectare Trading makes no guarantee regarding the data provided.
