Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Read our privacy policy here for more details.
Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

GrainGrain Market Reports

Grain Market Report 20th November

Market Prices and News

CommodityDec 2024 Dried €/T1Nov 25 Dried
IRL Feed Wheat¹235-240235
IRL Feed Barley¹225220
Paris MATIF Wheat² 216.75227
Paris Oilseed Rape480
Maize ex. Port235230
¹ Source: Irish grain industry sources
² Source: Euronext correct as of 20.11.24 12pm

MATIF wheat and other global grain futures fell significantly in the period from 8th November to 15th November. MATIF Dec-24 is currently trading at €216/t but traded as low as €210.75/t earlier in the month. CBOT wheat futures traded at a four year low.

AHDB noted a continuation of existing pressures such a Black Sea exports but the stronger US dollar and better weather across western European countries has pressurised prices globally in this period.

This week (Nov 18th) wheat markets have trended slightly higher on news of an escalation of conflict in Ukraine.

Native prices remain similar and more stable than global markets with dried wheat at €235-240/t and barley at €10-15 less. End users are reported to have largely finalised demand needs for the next few months.

Forward prices for native new crop (Nov-25), put wheat at €225/t dried with maize at €230/t ex. port.

Rapeseed prices remain strong, owing to high EU oilseed demand and lower production. A significant spread exists between nearby old-crop contracts and new crop contracts. MATIF May-25 closed on Tuesday Nov 19th at €533/t, while Aug-25 contract closed at €488.75/t.

Global Grain Supply and Demand

Harvest has fully commenced in southern hemisphere regions such as Australia, where wheat output is predicted to rise to significantly to 34MMT, up on the 25.9MMT produced last year (USDA).

In France, planting of winter cereals has recovered after a difficult start to the autumn campaign. Agri-Mer reported that as of the 11th November, 89% of winter barley was planted.

Wheat crops in the US remain in favourable conditions , with 49% of the winter wheat crop for harvest 2025 rated as good, this is the highest percentage in five years.

Related Articles