Last week, the Matif wheat price for December closed at €189/t, the lowest it’s been all year and a sign of the markets at present.

It showed some recovery on Monday, but fell again on Tuesday again and was at €189/t on Wednesday afternoon.

The euro remains high against the dollar, which affects competitiveness and makes non-eurozone markets more attractive for buyers.

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UK yields

The UK’s Agriculture and Horticulture Development Board (AHDB) released yield estimates on Friday last and reported regional variability.

Wheat yield was estimated at 7.6t/ha, 0.3t above last year, but 0.5t/ha below the 10-year average.

Winter barley yields were up 0.3t/ha to 6.7t/ha, while spring barley was just 0.1t/ha above last year at 5.8t/ha.

Winter oilseed rape yields jumped massively, from 2.8t/ha in 2024 to 3.7t/ha in 2025. That’s above the 10-year average of 3.3t/ha. Oats were 0.3t/ha behind on last year at 5.1t/ha and were behind the 10-year average of 5.5t/ha.

The AHDB reported low protein in French milling wheat, increased production in Germany and also stated that Australia’s wheat crop is expected to decline by 1% year on year at 33.8Mt, but, amazingly, this is 22% above the 10-year average.

WASDE

The World Agricultural Supply and Demand Estimates (WASDE) report comes out on Friday and will be an indicator of where production and supplies are.

Drier weather in the US could help prices. Traders have been moving this week ahead of the report.

Corn and soybean conditions declined slightly this week.

Oilseed rape

Looking at oilseed rape and production has been good in Europe, it’s going well in Canada and looks set to be good in Australia, so prices are unlikely to improve drastically.

That said, oilseed rape is a very moveable market and those that are planting or have planted recently should watch out for a peak in prices and perhaps take the opportunity to sell a little bit for insurance.

Native prices

At home, harvest prices are still not settled for most farmers, although some have deals done. Some prices are expected soon, but others have no idea when they will be paid. Most merchants will pay on account, but some will not receive any money for a number of weeks.

Malting barley growers can often be caught waiting. Spot barley this week was reported at €210/t or below, while spot wheat was reported at €215/t or below.

Maize was reported at €215/t into the country in November.