Strong global wheat supply pressures the market
The wheat market this week fell to a five year low in Paris and a contract low in London, the main reasons lie in strong global supply and increased export competition. Increasingly, we’re seeing farmers sell further forward – and even start to sell next year’s harvest – in order to lock in prices early and manage their risk.
Feed Wheat
London feed wheat for November 2025 fell to £165.90 last night, down 2.1% from last week’s close of £169.50. This was compounded by a rise in the sterling to dollar exchange rate. The carry to May 2026 widened to £11.40.
On Hectare Trading, feed wheat received price offers up to £180 in the East Midlands for October 2025 movement, with an offer range of £5, and received price offers up to £179 in North East Scotland for November 2025 movement.
Milling Wheat
Paris milling wheat for September 2025 dropped to €182.25 (£158.07), down 4.8% from €191.50 (£166.09) last week’s closing price. The decline was driven by strong global supply and intense export competition. The carry to May 2026 narrowed to £16.48.
On Hectare Trading, Group 1 wheat received price offers up to £196 in the West Midlands for October 2025 movement, with an offer range of £21. Group 2 wheat received price offers up to £178 in the West Midlands for October 2025 movement, and Group 3 wheat received price offers up to £166 in East Anglia for October 2025 movement, with an offer range of £5. Group 4 hard wheat received price offers up to £175 in Yorkshire and the Humber for September 2025 movement, with an offer range of £5, while Group 4 soft wheat received price offers up to £169 in North East Scotland for September 2025 movement.
Oilseeds
Paris rapeseed for November 2025 edged down to €461.25 (£400.04), a 0.3% drop from €462.50 (£401.13) last week. Prices followed Canadian canola lower, pressured by the ongoing harvest, with further weakness coming from declines in both vegetable and crude oil markets. The carry to February 2026 narrowed to £6.07.
On Hectare Trading, 2026 OSR received forward price offers up to £392 in the Scottish Borders for January 2027 movement.
Other Grains
Elsewhere on Hectare Trading, milling grade rye received price offers up to £187 in East Anglia for September 2025 movement. 6-row feed barley received price offers up to £161 in the West Midlands for September 2025 movement, with an offer range of £11.
Milling oats received price offers up to £150 in the South for January 2026 movement, and feed beans received price offers up to £227 in the East Midlands for November 2025 movement.
Wanted Crop
🌱 300t Linseed is wanted for collection from across England. List for pricing. October 2025 - July 2026 movement.
🌾 100t Feed Oats are wanted for collection from Yorkshire, East Anglia, Nottinghamshire, Suffolk, and Derbyshire. Wanted at £110-£120/t ex-farm for September movement.
🌾 150t Feed Wheat is wanted for a home in Lancashire. Collection from the North West. Wanted at £170-£175/t ex-farm for September 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.
