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UK feed wheat futures rebounded to about £165/t for November after a contract low of £159/t, following a US-China trade framework agreement announced on October 26. The May 2026 UK feed wheat contract reached a six-week high of £179.85/t on October 28.
Easing US-China trade tensions lifted grain values globally, but traders say oversupply still limits the sustainability of the rally. Feed buyers should expect firm but range-bound prices.
fwi.co.ukCharlie ReeveOct 29, 2025After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.
