# Analyst insight: First look at 2025/26 UK supply and demand | AHDB

> AHDB released early 2025/26 UK wheat and barley balance sheets while futures showed mixed moves, with the Nov-25 UK feed wheat contract settling at a contract low. Chicago and Paris wheat firmed slightly on export interest, Algeria's OAIC reportedly bought 500-600 kt of wheat, and Brazil's Abiove forecast a record 178.5 Mt soybean crop.

- Date: 2025-10-23 · published 2025-10-23T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/22470-analyst-insight-first-look-at-2025-26-uk-supply-and-demand-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A record Brazilian soybean crop and ample global wheat supply cap prices, while Algerian purchases offer modest near-term support for wheat.

## Read by commodity

- SOY: bearish ▼
- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-21 | [A Look at AAFC's Supply and Demand Estimates](https://feedsoft.ai/events/59178-a-look-at-aafc-s-supply-and-demand-estimates.md) | -13.2% | -6.0% |
| WHEAT | 2023-10-24 | [Little change in October AAFC supply/demand outlook - MarketsFarm](https://feedsoft.ai/events/33621-little-change-in-october-aafc-supply-demand-outlook-marketsfarm.md) | +1.8% | +0.8% |
| WHEAT | 2024-06-12 | [USDA Holds Pat on June Supply and Demand Numbers](https://feedsoft.ai/events/29689-usda-holds-pat-on-june-supply-and-demand-numbers.md) | -2.1% | -3.3% |
| WHEAT | 2020-03-11 | [USDA's supply and demand report largely stands pat - Grainews](https://feedsoft.ai/events/54097-usda-s-supply-and-demand-report-largely-stands-pat-grainews.md) | -4.9% | -6.1% |
| WHEAT | 2019-12-10 | [USDA Leaves Corn and Soybean Production, Supply and Demand Unchanged](https://feedsoft.ai/events/55512-usda-leaves-corn-and-soybean-production-supply-and-demand-unchanged.md) | +2.5% | +3.5% |
| SOY | 2022-07-12 | [Losses deepen after USDA raises supply outlook, trims some demand \| Financial Post](https://feedsoft.ai/events/6832-losses-deepen-after-usda-raises-supply-outlook-trims-some-demand-financial-post.md) | -8.8% | -1.3% |
| SOY | 2016-07-18 | [Grain Supply and Demand report sends grain prices falling](https://feedsoft.ai/events/7417-grain-supply-and-demand-report-sends-grain-prices-falling.md) | -6.2% | -6.5% |
| SOY | 2025-01-22 | [2025 Corn, Soybean, and Wheat Outlook \| CAES Field Report](https://feedsoft.ai/events/26478-2025-corn-soybean-and-wheat-outlook-caes-field-report.md) | -2.1% | -3.3% |

## Sources

- ahdb.org.uk: http://www.ahdb.org.uk/news/first-look-at-2025-26-uk-supply-and-demand-analyst-insight

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.