London feed wheat strengthens on weather worries
The grain market update for 23rd May 2025. Brought to you by Hectare Trading.
Lincoln Taylor
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London feed wheat for May 2025 rose to £158.65, up 2.4% from last week's closing price of £155.00. The carry to July 2025 widened to £6.00. The November 2025 contract rose to £185.45, up 2.3% from last week's closing price of £181.35. Market sentiment is being underpinned by weather concerns across Northern Europe, China, and Russia. A state of emergency has been declared in the Rostov region, Russia’s largest grain-producing area.
On Hectare Trading feed wheat saw price offers up to £188 in Central Scotland, with a bid spread of £4, and £175 in the West Midlands, both for May 2025 movement.
Paris milling wheat for September 2025 rose to £175.99 (€209.25), up 2.4% from last week's closing price of £171.78 (€204.25). The carry to December 2025 widened to £9.46.
On Hectare Trading Group 4 (hard) wheat received price offers up to £175 in Yorkshire and the Humber for May 2025 movement, with a bid spread of £3. Group 4 (soft) wheat achieved strong offers up to £208 in North East Scotland for January 2026 movement, with a wide bid spread of £33 – highlighting the opportunities for forward selling.
Paris rapeseed for August 2025 rose to**£411.48** (€489.25), up 1.1% from last week's closing price of £406.85 (€483.75), rebounding from a drop the prior day. Despite the ongoing risk of dryness in Europe, weather concerns for Australian and Ukrainian crops provided market support. The carry to November 2025 narrowed to £3.15.
Elsewhere on Hectare Trading, milling oats saw price offers up to £153 in the East Midlands for May 2025 movement, with a bid spread of £8. Feed barley received offers up to £172 in North East Scotland for May 2025 movement, with a bid spread of £7.
Wanted Crops
🌾 Feed Wheat is wanted for delivery into Yorkshire and the Humber. Wanted at £171-180/t for May 2025 movement.
🌾 6-8 loads of Soft Wheat is wanted for delivery into Invergordon before 10 June. Wanted at £194 delivered.
🌾 Feed Barley is wanted for delivery into Herefordshire. Wanted at £168/t for June 2025 movement.
🌼 Oilseed Rape is wanted for delivery into Aberdeenshire crush. Wanted at £470/t for May-June 2025 movement.
Manage your risk by selling little and often
By selling smaller portions of your grain throughout the harvest year, you can manage your risk while keeping the flexibility to respond to market moves.
Grain-selling strategies in a tough market
With prices under pressure, getting the best possible return for your grain is more important than ever. Every extra pound per tonne adds up, especially across hundreds of tonnes.