WEEKLY MARKET & PRICE NEWS Arable Products| Fuel & Energy | Feed & Livestock 8.10.26

8 OCTOBER 2026

FEED MARKET AT A GLANCE

GBP/USD 1.3246 | GBP/EUR 1.1781 | Brent Crude $95.74

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Reports from our desks.

Arable Products

Stuart Goodinson

Fuel & Energy

Phil Shirley

Feed & Livestock

Joe Cobb

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Price indications are based on 29t bulk tipped loads delivered to Oxfordshire and are guide prices only.

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ARABLE PRODUCTS

Chemicals

Avadex has been in demand – some suppliers went short, but  new stock has now arrived, so should be ok.

Fertiliser

Nitrogen has stayed relatively level this week,

Nitram £480.

Imported 34.5% £475.  

Urea £470.

Seed

Winter bean seed has been in demand to replace failed Oil Seed rape.

Still plenty of stock of Vespa

FUEL AND ENERGY

Prices generally lower over the last seven days

Fuel prices have fluctuated on a daily basis but, overall, have moved downwards during the past week.

Average prices from Orion’s two main fuel suppliers, w/c Weds 30th September

Fuel	Average price
Gas Oil	112.12pplex VAT
Kerosene	104.537ppl ex VAT
DERV	159.24ppl ex VAT

These are average prices rather than live quotations. Orion normally receives updated prices from suppliers by approximately 10.30am each working day, so please contact the office for current pricing.

Delivery lead times

Delivery lead times continue to be good at approximately 3 to 5 working days, depending on supplier and delivery area.

However, these are expected to increase as autumn and winter kerosene demand starts to build.

Kerosene

With autumn now here, it is worth checking kerosene tank levels and planning requirements before seasonal demand increases.

For electricity enquiries, contact Stuart Goodinson at stuart@ofg.org.uk.

FEED & LIVESTOCK

Current Orion pricing

Notes: All figures in this section are provided by KW and commentary by GLW Feeds

WHAT IS DRIVING THE FEED MARKET?

Currency/Geopolitical

No real change on either war. The Middle East remains sensitive, and whilst there have been no

further strikes between Iran & the US, Saudi Arabia/Yemen & Houthis are continuing to exchange fire. There were talks that Israel was preparing to launch attacks on Iran also, but nothing has come of that as yet. In the Black Sea, strikes between the two sides have been intensifying, with Ukraine targeting Russian oil refineries, claiming to have cut capacity by 50%, and Russia targeting energy & civilian infrastructure as well as cargo vessels. Oil prices are continuing to hold steady around the $100 mark. The G7 have agreed to release 100 million barrels of diesel within 4 months in order to avoid shortages and a US export ban on diesel; the concerns around shortages are due to diesel exports form the Middle East struggling to find a export route without going through the Strait of Hormuz.

Sterling held steady at $1.32, with minimal change on US/UK economics, but it strengthened against

the Euro, reaching €1.18 at one point. This was due to concerns around the stability of French debt as a

result of the French minority government struggling to get budgets passed, whilst Spain have called an early election.

Grains

Wheat/Barley

Grain prices started to see some support again as strikes in the Black Sea continued, with Russia

striking two cargo vessels, in retaliation for Ukrainian attacks on Russian oil refineries. This has nullified any hopes of a de-escalation or agreement to a grain corridor any time soon. Realistically, any price moves will continue to be led by what is happening in the Black Sea, with any calmer periods likely to ease prices and re-escalations increase prices. Winter plantings in the US are a little sluggish, and it would be wise to think about whether plantings in the UK and Europe will be good either, given the lack of rain still persisting in some regions 

Maize

Prices slid backwards in part due to a lack of Chinese-US trade announcements, improved weather

forecasts that will allow harvest to get going, and also a bearish quarterly stocks report. The trade talks

between the US & China were expected to announce some additional commitments that were rumoured to

include corn, but nothing came of it. China have been on holiday for most of the last week of Sept and early October, and are due back in the market Thurs/Fri this week, so whether we may see something then?

The US harvest is now sitting at 23% complete, which is a little behind the 5 year average (27%), but

hopefully should see things pick up in the next week due to better weather forecasts. Some wet weather has remained in some regions, but other regions should be able to get ahead. The stocks report set US stocks a 2.095 billion bushels, where most of the trade were expecting a figure below 2 billion, and this was also 173 million bushels larger than the September USDA WASDE report. We are due a WASDE report on Friday evening, so it will interesting to see where they pitch stocks, especially when the market is expecting a yield cut on corn still.

Proteins

Hipro Soya

Prices continued to come under fund selling pressure. In part this was due to drier forecasts in the

US which would allow harvest to progress. US soymeal stocks are still tight due to new crop availability , but should start to ease as the combines get going. Harvest progress was estimated at 25% complete as of the 4th October, vs 33% on the 5-year average. The quarterly stocks report was more bullish for soybeans, with a reduction in US stocks as a result of lower acreage. We will see what the USDA put in their October WASDE report this Friday, as the market is still expecting to see a yield cut.

Additionally, as mentioned with maize, the US-China talks failed to bring any additional

commitments on any agri products. Whilst China have been honouring the initial soybean commitment,

they have been out of the market for a couple of weeks, and may come back in to continue buying at the end of the week. Should we see some larger purchases from them, the market could push higher again.

Rapemeal

Similar to soya, we saw prices ease back a bit, with Erith briefly offering some limited spot tonnage.

Most of the pressure on rapemeal was from hipro soya markets, as rapemeal tried to ensure it maintained

some competitiveness, sitting at around 67% for Nov/Apr, whilst spot has been more like 70-75% of the soy price.

Logistically, rapemeal remains tricky nearby due to ongoing low water levels in Europe. The Rhine

reached record lows again last week, meaning barge traffic is hugely restricted for all parts of rapeseed

crush (seed, meal & oil). Elsewhere, harvest pressure has been pushing Canadian canola prices down, as

they forecast stocks to increase by 400,000T in 2026/27.

Distillers

Still no news from Ensus, who are due to stop running at the end of the month, unless further

government support is achieved. This would be in relation to CO2 production. Imported prices are holding

steady, in the face of lower rapemeal values, and could push themselves out of rations. Prices for distillers

in the US were mixed, given the lower corn values over the past week, whilst production sits slightly behind last year. Wheat distillers are difficult to get offers on, with the next position offered being next summer.

Fibres

Soya Hulls

With lack of sugarbeet offers, demand for soya hulls remains strong, and so prices are well

supported. Supply is more limited, due to the increased demand both from the UK market but also

elsewhere (e.g. Europe who had the same dry weather as us). Cover is recommended to ensure supply.

Sugarbeet

No change week on week, the odd parcel of imported material has come up for sale but at prices

over £300. No offer from Trident for home produced, which is furthering concerns that there may not be a

farm offer at all this year. Demand is likely to continue to switch into soya hulls

NEED A CURRENT PRICE?

Commodity, fuel and input prices can change quickly.

For today’s member prices, availability or delivery information, please contact the Orion Farming Group office.

Market information and prices are provided as a guide and may change without notice. Final prices may vary according to product availability, quantity, delivery location and haulage requirements.