Market Alerts
- 8 May 2025
- 9:00
Bearish ag. markets attempt to rebound on Chinese weather concerns, crude oil rebound and technical supports.
Prices finally rebounded yesterday and should continue today. There are many talks of a potential lower Chinese wheat crop as the region representing more than 60% of the production is very hot and dry as wheat is at the filling stage. Crude oil prices have also rebounded on historical support level of $60/br. Finally, technically, the market is over sold, especially on wheat, with funds holding a massive short position. In the Northern hemisphere, US weather remains ideal for planting and for winter wheat growth, EU weather is mixed, with dry conditions for France, UK and Germany. In the Black Sea it is cold but wet.
- 7 April 2025
- 15:22
ODA Market Alert: Market rumor – TRUMP 🇺🇸 IS CONSIDERING A 90-DAY PAUSE IN TARIFFS FOR ALL COUNTRIES EXCEPT CHINA
Ag markets are strongly rebounding this afternoon as Reuters released a news that Trump was considering a 90-day pause in tariffs. However the White House denied it, for now… LIFFE Nov25 is trading at £171, May26 back to £200. MATIF Dec25 at €225. All up more around 2%. This story is definitively not over yet!
- 17 March 2025
- 12:05
EU 🇪🇺 wheat exports are FINALLY accelerating… a change of trend?
EU exports are key if we want to see higher wheat prices before the end of the season. They have been far too slow and we need 600KT weekly export volumes out of the EU to reach our objective. EU prices are now more competitive than Black Sea wheat and we have been expecting exports to thus accelerate. For the 1st time in 4 months, they exceeded 500KT last week. Is it the start of a stronger demand for EU wheat? It will need to be confirmed in the coming weeks, but it is clearly encouraging and MATIF is up 1% this morning.
- 14 February 2025
- 15:01
Argentina 🇦🇷 crop conditions drop again to historical lows…!
Good to Excellent conditions fell again this week in Argentina. Soybean condition dropped another 2% to only 15%. Corn condition fell by 9% to only 16%. CBOT prices are up 1% for corn and soya, and nearly 3% on wheat (because of the current very cold wave over the US winter wheat).. Supportive facts!
- 12 February 2025
- 22:20
Argentina 🇦🇷 pegs soybean crop at 47.5MT and corn at 46MT.
We anticipated production forecast in Argentina to drop. The latest figures illustrate the falling crop conditions during the past 8 weeks. These figures are 4MT below yesterday’s USDA forecast of 50MT for corn, and 1.5MT lower for soya. They are also well below last year’s production. It is clearly bullish, especially for corn. CBOT corn prices went up 1% tonight and are trading now at season’s highs, above $5/bu.
- 7 February 2025
- 10:12
Cold wave, with little or no snow cover for winter crops in Ukraine 🇺🇦 and Russia 🇷🇺.
Temperatures will reach -15°C to -20°C this week all over Ukraine and Russia. They will probably not stay low for too long. But still, this frost could have a negative impact on crops as snow cover is very limited. These wheat and OSR field photos were taken today in Western Ukraine.
- 17 January 2025
- 8:25
Egypt’s 🇪🇬 buying agency reports having signed several wheat supply agreements European 🇪🇺 countries.
Egypt's state grains buyer, Mostakbal Misr, has signed several wheat supply agreements with European grain producers in a move intended to secure favourable prices and diversify the nation's wheat sources. There are talks of a urea vs wheat barter deal between Egypt and the EU. If it is unclear for now what volumes and delivery period were signed, this announcement is clearly supportive for EU exports, and thus for MATIF and LIFFE prices. As of today, Egypt is the 4th export destination for EU wheat, just behind UK.
- 7 January 2025
- 18:07
UK 🇬🇧 wheat imports are the 3rd destination for EU 🇪🇺 exports!
During the first half of the season, the UK has imported a bit less than 900KT from the EU, mostly milling wheat, to compensate with lower domestic supplies. These volumes have taken UK GR1 milling premiums down by around £20 to £30/t since harvest. In 2025, for the new crop, ODA will offer a new service to help quality wheat producers to better anticipate and fix their GR1 milling premiums.
Weekly market editorial View all
Support levels tested: Where next for wheat prices & strategies?
Old crop wheat is now trading at its lowest level since the start of the war in Ukraine. Investment funds are holding massive short positions, while consumers and farmers remain heavily long. Technically, the market has reached multi-year support levels. Both US and EU wheat are now competitive and even cheaper than Black Sea origins. This should offer some hope for a rebound or at least suggest limited downside potential. So, have we touched the lows?
Read moreEvents & Training
Liffe Feed Wheat 
| unk1 | Contract | Month | Last | unk2 | unk3 | Chg | Open | High | Low | Volume | OpenInt | Exchange | Date | Time | Title | File |
| t-ice | LONDON WHEAT | May 25 | 156.55s | 156.55 | s | -0.70 | 0.00 | 156.55 | 156.55 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | LONDON WHEAT | Jul 25 | 160.55s | 160.55 | s | -0.70 | 0.00 | 160.55 | 160.55 | 2 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | |
| t-ice | LONDON WHEAT | Nov 25 | 180.30s | 180.30 | s | -0.70 | 179.45 | 180.85 | 179.15 | 279 | 7876 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
| t-ice | LONDON WHEAT | Jan 26 | 183.70s | 183.70 | s | -0.55 | 0.00 | 183.70 | 183.70 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | LONDON WHEAT | Mar 26 | 187.10s | 187.10 | s | -0.40 | 0.00 | 187.10 | 187.10 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | LONDON WHEAT | May 26 | 190.50s | 190.50 | s | -0.30 | 190.00 | 190.50 | 189.85 | 116 | 1196 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
| t-ice | LONDON WHEAT | Jul 26 | 194.00s | 194.00 | s | -0.30 | 0.00 | 194.00 | 194.00 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | LONDON WHEAT | Nov 26 | 189.00s | 189.00 | s | -0.30 | 0.00 | 189.00 | 189.00 | 80 | ICE | 14/05/2025 | 09:49:20 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
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