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UK feed wheat futures for May-26 fell £0.45 a tonne to £171.25, and Chicago wheat was marginally pressured. Traders focused on upward revisions to Australian production from ABARES, with wheat at 35.6 million tonnes and barley at 15.7 million tonnes.
Paris rapeseed also fell on canola revisions and weak Chicago soybeans.
Larger Australian wheat, barley and canola crops increase global supply and pressure European and Black Sea-linked feed grain and oilseed prices. The rapeseed decline reflects the same supply pressure.
ahdb.org.ukDec 2, 2025After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
