Weaker pound supports feed wheat
London feed wheat for November 2025 edged up to £178.25, up 0.1% from last week's closing price of £178.00. Domestic wheat prices showed modest resilience, supported by a weaker pound against the euro and dollar. However, anticipated global oversupply and subdued export demand continue to cap price gains. The carry to May 2026 widened to £12.60.
On Hectare Trading, new crop feed wheat received price offers of £197 in North East Scotland for May 2026 movement, and saw offers of £178 in the East Midlands for November 2025 movement, with a price offer range of £5.
Paris milling wheat for September 2025 fell to €199.50 (£172.64), down 0.7% from last week's closing price of €201.00 (£173.94). Wheat prices were weighed down by forecasts of French wheat stocks swelling to a 21-year high and renewed fears of 30% import tariffs by the US. The carry to December 2025 narrowed to £7.57.
Paris rapeseed for August 2025 rose to €478.75 (£414.29), up 3.4% from last week's closing price of €463.00 (£400.66). Prices were helped by euro weakness and gains in Canadian canola futures. The carry to November 2025 narrowed to £7.79.
On Hectare Trading, new crop oilseed rape saw price offers up to £389 in Yorkshire and the Humber for July 2025 movement.
Elsewhere on Hectare Trading, new crop feed barley saw offers of £160 in Yorkshire and the Humber for October 2025 movement, with a price offer range of £5.
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.
