Monday Market Briefing - 11th August 2025

Prices remain under pressure as favourable harvest reports continue to land across the northern hemisphere from east to west. This week we get another USDA update but the market may be more interested in Trump’s tariff posturing with some more key deadlines this week. There are early signs of world grain trade patterns shifting to avoid the worst consequences of failed negotiations and this might be the pattern for the market for several weeks now with China, to name one , buying from different origins than normal. A rumour that China may have bought French barley this week was likely part of the reason for that grain firming up on a week ago. It promises to be an unpredictable ride but all the while underscored by the reality of plentiful world supplies.

Harvest across the south of the UK will be all but finished this week in the last (?) heatwave of the summer and it does appear that quality is going to hold up in most areas. Latest AHDB reports show an improving UK yield picture compared with the earliest samples. We did see a bit of excitement last week in low nitrogen spring barleys but there is really nothing in either the market or the sample book to suggest that’s necessary so we’ll see how long that lasts.

Early slots for milling wheat are getting mopped up pretty quickly so don’t delay if you think there night be a need to move something.

Have a good week.