Orion Farming Group Weekly Straights Update: 12th February 2026
- Orion Farming Group
- Feb 12
- 2 min read
The figures in the charts are an indication only and reflect levels traded on Wednesday.
Click on a product name for more information
Trump announced via social media that China would buy an extra 8MMT of soybeans this season and 25MMT for next – sparking a rally for a couple of days before South American farmer selling pushed levels back down.
The market is awaiting further confirmation on this development in trade deals with China.
US soymeal domestic demand is up 9.5% which is worth noting.
Nearby demand in the UK has increased as merchants and farmers look to find alternatives against rapemeal.
Mato Gross harvest in Brazil is now 40% complete, but there are some issues with quality.
Forecasted rains in Argentina should alleviate dryness concerns somewhat.
Another horrid week for rapemeal, with Erith calling force majeure on contracted material.
They are now back offering some summer pricing, but it’s unknown when they will restart and they’re only offering piecemeal amounts.
European crushers are trying to plug the gap in the UK market to take advantage of the higher values/margins as a result of this situation, especially as shippers try to get their hands on what product they can, nearby.
This is because ports are struggling to keep up with demand for contracted material, whilst desperately trying to get in boats with more material, keeping availability tight and prices high.
As mentioned, summer levels are now available from Erith but sitting a bit higher on the May/Jul before all this kicked off but similar levels on the Aug/Oct – which tallies with what Cargill have been offering.
Minimal change week on week, supply seems okay for now.
Bear in mind that shippers will look to carry as little stock into May as they can.
Nearby levels staying very firm due to lack of availability, which is in part down to the lack of rapemeal and also logistical tightness out of the US.
This looks unlikely to ease until the summer.
As mentioned before, demand in the US has been good and more is going into wet feed.
No change – no product and no demand either!!
Unlikely to alter any time soon ….
Mostly unchanged in the grain markets here in the UK, as global future prices continued to assess any damage from the cold spells in the US and Black Sea.
And finally, totally irrelevant but quite interesting facts of the week…….When people sing together in a choir, their heartbeats synchronise and the average supermarket contains enough food to keep you alive for 55 years, or 63 years if you don’t mind eating the pet food.
Notes:
All figures in this report are provided by KW and commentary by GLW Feeds. Price indications are based on 29t bulk tipped loads delivered to Oxfordshire and are guide prices only.
For firm prices and availability, please contact Joe Cobb on 01865 393 139
Currency Trends as of 04.02.26 Blue = GBP:USD. Red = GBP:EUR
