# Wheat prices fall as global supply weighs on markets - Farmers Weekly

> London feed wheat futures fell £11.25 a tonne over the week to £193.75 on Friday 23 October, according to AHDB. The decline followed reports of renewed peace talks that raised the prospect of Black Sea grain returning to market.

- Date: 2026-10-28 · published 2026-10-29T06:13:01.667Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/443-wheat-prices-fall-as-global-supply-weighs-on-markets-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The prospect of more Black Sea grain supply weighs on European feed wheat values, which lowers the cost of feed ingredients for buyers.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-06-17 | [Wheat markets shrug off US-Iran deal as freight, harvests take focus \| S&P Global](https://feedsoft.ai/events/16848-wheat-markets-shrug-off-us-iran-deal-as-freight-harvests-take-focus-s-and-p.md) | -1.6% | -1.9% |
| WHEAT | 2022-03-29 | [Wheat: Prices fall on peace talks, low demand \| Latest Market News](https://feedsoft.ai/events/42308-wheat-prices-fall-on-peace-talks-low-demand-latest-market-news.md) | -9.0% | -3.6% |
| WHEAT | 2026-10-23 | [Wheat prices fall to 14-week low on Black Sea hopes \| Peepals](https://feedsoft.ai/events/449-wheat-prices-fall-to-14-week-low-on-black-sea-hopes-peepals.md) | -0.6% | — |
| WHEAT | 2022-02-27 | [Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede - The HinduBusinessLine](https://feedsoft.ai/events/8528-ukraine-crisis-agri-commodities-prices-plunge-in-global-markets-as-supply-fears.md) | +12.1% | +26.0% |
| WHEAT | 2020-03-02 | [Coronavirus weighs on global grain markets  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/12540-coronavirus-weighs-on-global-grain-markets-queensland-country-life-qld.md) | -0.1% | -4.3% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/wheat-prices-fall-as-global-supply-weighs-on-markets

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