# Markets: Feed markets hold steady - Farmers Weekly

> Farmers Weekly reports that UK feed wheat fell £1.20/t and soyameal fell £3/t during September, leaving the basic layers ration down £2/t. It says prevailing trends are bearish for wheat and soya on high global stocks, with USDA figures showing US wheat and maize stocks above expectations.

- Date: 2018-10-29 · published 2018-10-29T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/62615-markets-feed-markets-hold-steady-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher-than-expected global stocks and a bearish trend point to softer feed grain and soymeal prices, which should ease ration costs for UK layer producers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-04-26 | [Size of Russian wheat crop takes toll on market - Farmers Weekly](https://feedsoft.ai/events/10961-size-of-russian-wheat-crop-takes-toll-on-market-farmers-weekly.md) | -3.9% | -0.9% |
| WHEAT | 2020-12-03 | [Markets Unable to Hold Overnight Gains \| Feed & Grain](https://feedsoft.ai/events/49626-markets-unable-to-hold-overnight-gains-feed-and-grain.md) | +9.8% | +9.8% |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |
| WHEAT | 2024-08-23 | [Harvest 24: Poor prices add to mixed yield woes - Farmers Weekly](https://feedsoft.ai/events/28829-harvest-24-poor-prices-add-to-mixed-yield-woes-farmers-weekly.md) | -0.2% | +2.8% |
| WHEAT | 2017-10-31 | [Feed market update - Pig World](https://feedsoft.ai/events/68554-feed-market-update-pig-world.md) | +0.2% | -1.7% |
| SBM | 2024-07-11 | [Weekly soymeal, beef sales carve new marketing-year lows - Pro Farmer](https://feedsoft.ai/events/5659-weekly-soymeal-beef-sales-carve-new-marketing-year-lows-pro-farmer.md) | -8.6% | -8.0% |
| SBM | 2021-09-30 | [U.S. Farmers Produced More Soybeans, Hold More Stocks, USDA Reports](https://feedsoft.ai/events/45037-u-s-farmers-produced-more-soybeans-hold-more-stocks-usda-reports.md) | -4.5% | -2.1% |
| SBM | 2018-09-20 | [Sunflower markets end the week mixed - High Plains Journal](https://feedsoft.ai/events/63145-sunflower-markets-end-the-week-mixed-high-plains-journal.md) | +0.4% | +5.6% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/livestock/poultry/markets-feed-markets-hold-steady

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