Cereals and Oilseeds markets

The latest industry data, analysis and insights to help inform your business decisions in the Cereals and Oilseeds sector.

Futures prices

Last updated: 15:46 PM, Wednesday 5th August 2020

UK (ICE) Feed Wheat £/tonne
Nov 20 164.00 (+0.85)
Jan 21 164.55 (unch)
Mar 21 166.30 (unch)
May 21 169.00 (+0.75)
Jul 21 158.85 (unch)
Nov 21 150.00 (+0.50)
Jan 22 151.05 (unch)
Mar 22 152.55 (unch)
May 22 154.05 (unch)
Nov 22 134.05 (unch)
Paris (MATIF) Milling Wheat €/tonne
Sep 20 179.50 (-0.25)
Dec 20 180.00 (-0.25)
Mar 21 182.25 (unch)
May 21 184.00 (unch)
Sep 21 179.75 (+0.25)
Dec 21 182.50 (+0.50)
Mar 22 184.00 (unch)
May 22 185.25 (unch)
Paris (MATIF) Rapeseed €/tonne
Nov 20 379.75 (-2.25)
Feb 21 380.25 (-2.00)
May 21 380.25 (-1.75)
Aug 21 365.50 (-1.50)
Nov 21 368.00 (-1.00)
Feb 22 373.00 (unch)
Paris (MATIF) Maize €/tonne
Aug 20 180.00 (unch)
Nov 20 164.75 (-0.50)
Jan 21 167.75 (-0.25)
Mar 21 169.25 (unch)
Jun 21 172.50 (unch)
Aug 21 173.50 (unch)
US (CBOT) Milling Wheat US cents/bsh
Sep 20 507.75 (-0.50)
Dec 20 514.75 (-1.75)
Mar 21 523.50 (-2.50)
May 21 529.25 (-3.00)
Jul 21 531.75 (-3.50)
Sep 21 537.50 (-4.25)
US (CBOT) Maize US cents/bsh
Sep 20 309.75 (+1.50)
Dec 20 321.50 (+1.25)
Mar 21 333.75 (+1.50)
May 21 342.00 (+1.75)
Jul 21 349.25 (+2.00)
Sep 21 354.50 (+2.00)
US (CBOT) Soyabeans US cents/bsh
Aug 20 882.00 (-1.75)
Sep 20 875.00 (-4.75)
Nov 20 877.25 (-4.50)
Jan 21 884.25 (-3.75)
Mar 21 887.00 (-1.75)
May 21 892.50 (unch)

15-minute delayed prices now updated every 5 minutes.

Source: Refinitiv.


Latest News

Rapeseed imports into the EU27 + UK are off to a slow start this season, in a year where the trading bloc faces another 6.0Mt import requirement. Difficult sowing conditions, coupled with extended periods of dryness, have hit production estimates for much of the continent.

Global wheat prices declined last week after Russian consultancy IKAR increased its forecast for the Russian crop from 76.5Mt to 78.0Mt last Monday (27 Jul).

AHDB’s first harvest progress report of 2020 points to yields of both GB winter oilseed rape and winter barley being sharply down on both last year and the five year average.

Domestic wheat prices will be more exposed to global fundamentals this season following the hefty decline to UK wheat production estimates. We are likely to sit closer to import parity levels.

This season, like most seasons in recent history, Black Sea grain supplies will be pivotal to the direction of global markets. Adjustments to production estimates from the Black Sea regions set the tone for domestic and international prices, especially in a year when other Northern Hemisphere producers, most notably the US, EU and Ukraine, are set for smaller wheat production.

Many farmers across Europe have probably had a growing season they would rather forget, from a wash away autumn and winter in parts, met by a hot and dry spring.


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