MARKETS CONSOLIDATE AMID EU RAINS AND MIDDLE EAST PEACE HOPES
May 7, 2026
Have a Grain Marketing Question ?
Response within 15mins
Have a Grain Marketing Question ?
Response within 15mins
Improving Profitability through Informed Decisions
Unbiased analysis, sharp strategy, and expert guidance tailored to your business.
We are not traders or buyers, our only interest is your best outcome.
Strategic recommendations built on experience and informed by real-time market opinion.
We cut through the noise to deliver sharp, actionable updates when they matter most.
Dedicated industry experts who understand your region, your business, and your priorities.
0
Clients Across Europe
0 ha
Managed under ODA UK Strategy
0 Mmt
Total Grain Volume
“Being a member of ODA has increased my understanding of how world markets affect my small corner of the Fens, and shown me how to use this information to my advantage in both marketing strategy and business planning.”
Mark Riddington Cambridgeshire
"With global grain markets fluctuating on a weekly and even daily basis, employing the services of ODA means that we don’t miss an opportunity to sell grain when time is right for our business, no matter how busy we are."
Rob Fox Hertfordshire
“I joined ODA to better understand how markets work, and the training was perfect. Their advice means my grain marketing decisions are informed by global stocks, weather risks, and crop progress, giving me one less thing to worry about.”
Tamara Hall East Riding of Yorkshire
"We value the independent advice and detailed regular market appraisals, plus the support of an individual advisor when required, that ODA provides. This helps us make informed sales decisions in increasingly complex and unpredictable commodity markets."
Duncan Andrews Gloucestershire
11 May 2026 19:12
Prices should rebound this week ahead of an important USDA report tomorrow, the US/China meeting this week and Middle East crisis ex US received a response from Iran on potential peace talks. Trump named this response as unacceptable.
Trump and Xi will meet on May 15 and 16 and this meeting could lead to additional ag purchases.
Finally, and possibly more importantly, the USDA will disclose the first 2026/27 S&D estimates tomorrow afternoon. The range of estimates is very wide and could indeed provide surprises. In any case, both wheat and corn new crop stocks should be significantly down yoy.
8 May 2026 8:14
A local analyst, is estimating the 2026 Western Australia's wheat area at 3.7 M ha, down 15% from 4.3 the previous year. Combined with El Nino, the domestic production could be significantly down yoy. Same for Argentina and Brazil.
5 May 2026 10:15
We have surveyed our contacts and mixed our information with USDA projections. The result is impressive, overall for the Southern Hemisphere production as farmers are much more exposed to higher COP linked to the Middle East war. It is a very first view and it shows how higher fertiliser and diesel costs could impact world grain production on the downside. The winners could well be soya and sunflowers.
20 April 2026 10:21
On Friday the Strait of Hormuz was supposed to re-open. On Saturday it was closed again! Crude oil prices are up, stock markets are down and the dollar is up as always when things escalate in the Middle East. Ag markets should again benefit from these new tensions today.
It is important to note how sensitive are OSR prices to energy prices. On Friday they lost €15 in one day!
13 April 2026 14:21
As expected, crude oil is strongly up again this morning, +7%. This rebound will inevitably spread into our markets. A welcome support after last week’s consolidation!
The Middle East crisis development will continue to directly impact our prices for many more days as the Strait of Hormuz story is far from resolved.
12 April 2026 14:18
No one was expecting a positive outcome. However, markets could react to the total lack of visibility on a fast diplomatic solution for the Strait of Hormuz and the war. On Monday, crude oil and the dollar could well rebound when stock markets could open lower again. This Middle East story is far from over and our prices could react positively.
View current futures and currency markets plus historical charts across all key global commodities. A clear, up-to-date dashboard of market values at a glance.
See more
| unk1 | Contract | Month | Last | unk2 | unk3 | Chg | Open | High | Low | Volume | OpenInt | Exchange | Date | Time | Title | File |
| t-ice | London Wheat | May 26 | 190.00s | 190.00 | s | +1.55 | 190.00 | 190.00 | 190.00 | 149 | 314 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
| t-ice | London Wheat | Jul 26 | 182.10s | 182.10 | s | +2.55 | 0.00 | 182.10 | 182.10 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | London Wheat | Nov 26 | 187.00s | 187.00 | s | +2.55 | 184.15 | 188.15 | 184.15 | 41 | 6104 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
| t-ice | London Wheat | Jan 27 | 190.50s | 190.50 | s | +2.50 | 0.00 | 190.50 | 190.50 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | London Wheat | Mar 27 | 193.75s | 193.75 | s | +2.50 | 0.00 | 193.75 | 193.75 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | London Wheat | May 27 | 196.45s | 196.45 | s | +2.50 | 193.25 | 196.45 | 193.25 | 4 | 1221 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
| t-ice | London Wheat | Jul 27 | 199.85s | 199.85 | s | +2.50 | 0.00 | 199.85 | 199.85 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT | ||
| t-ice | London Wheat | Nov 27 | 194.45s | 194.45 | s | +2.70 | 0.00 | 194.45 | 194.45 | 245 | ICE | 12/05/2026 | 11:19:31 | LONDON FEED WHEAT | LONDON_FEED_WHEAT |
Our three core services deliver tailored market insights, strategy,
and support to suit your business needs.
Core Intelligence & Strategy
An entry level membership for concise grain marketing news, analysis & strategy.
Group Strategy & Consultation
Interactive membership with meet-ups, 24/7 advice, and full risk and sales strategy support.
Personalised Risk & Hedging Strategies
Bespoke sales or purchasing strategies designed for your individual business
