Wheat holds, OSR rises
Feed Wheat
Last Friday’s much-delayed US WASDE report forecast global wheat production at 828.9 Mt, an increase of 12.7 Mt over the September estimate. However, much of the negative sentiment caused by ample supply has already been priced into the market.
As London feed wheat draws to the end of its November contract, prices inched higher in the week, rising from Friday’s close at £163.00 to end Tuesday at £165.00, before settling back down to £163.00 at Thursday’s close.
On Hectare Trading, feed wheat achieved spot price offers up to £178 in West Midlands, for both November and December 2025 movement. We’ve also seen farmers selling their 2026 crop to lock in prices, with feed wheat for movement in May 2027 gaining up to £190 in North East Scotland.
Milling Wheat
Canada has produced 36.6 Mt of wheat this year and expects to export 27.4 Mt, the majority of which is milling-grade. Paris milling wheat (December 2025) has held up under pressure, rising from last week’s close of €188.25 (£165.97) to €189.25 (£166.85) by Thursday’s end.
Group 1 wheat achieved £191 in Essex & Hertfordshire, for movement next July, while group 2 wheat received offers up to £172 in the South East, with an offer range of £3, for February 2026 movement.
In Northumberland & Scottish Borders, group 3 wheat raised up to £173 for December 2025 movement, with an £7 offer range, while in Yorkshire and the Humber, group 4 (hard) wheat achieved £178.50 moving next February. In North East Scotland, group 4 (soft) wheat received offers up to £179, with a £4 offer range, for June movement.
Oilseeds
The WASDE report noted that the EU, Australia, Ukraine and the UK all contributed to a 1.3 Mt rise in estimated global oilseed rape production to 92.3 Mt. Despite these supply pressures, Paris rapeseed (February 2026) continued its recent gains, closing Thursday at €484.25 (£426.94).
On Hectare Trading, we saw OSR receive offers up to £418.50 in Northumberland & Scottish Borders for movement next April.
Other Crop
While UK barley production declined this year, the WASDE report showed increased barley output in the EU, Russia, Argentina and Ukraine – placing extra pressure on prices for the UK crop.
Feed barley sellers on Hectare Trading achieved a best price of £164 in the East Midlands for movement next June, with an offer range of £8.
Meanwhile, feed beans in East Anglia achieved £205 for movement next month. In the East Midlands, milling oats received offers up to £142 for movement next April.
Wanted Crop
🌾 290t feed wheat is wanted for collection from Devon, Dorset, Somerset, Wiltshire, Gloucestershire and Monmouthshire. £170-175/t ex-farm for November/December 2025 movement.
🥣116t milling oats is wanted for a home in the North West for £125-135 for December 2025 movement.
🌾 203t feed wheat required for collection for homes in the North West. £170-180/t ex-farm for December 2025 to February 2026 movement.
🌾 290t feed wheat is wanted for collection for homes from Derbyshire, Leicestershire, Northamptonshire, Nottinghamshire and Rutland, for December 2025 movement. Price upon application.
🌾 116t feed barley required for collection for homes across England and Southern Scotland, for December 2025 to April 2026 movement. Price upon application. All qualities considered.
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.