UK wheat futures have eased 4% since February, which should begin to feed through into compound feed quotations in Q2 and Q3. If you are approaching an annual review, the market is more favourable now than it was six months ago. Lock in before any reversal.
Fertiliser — autumn window opens August
The Bundle IQ fertiliser pool closes 31 August. Nitrogen prices have partially corrected from 2023 peaks but remain 30–40% above pre-2020 levels. Pool volume gives access to forward contract pricing unavailable to individual farms — register before August to be included in the autumn tender round.
Fuel — red diesel pool open
The red diesel pool window closes 30 June. 27 farms are currently registered with an estimated pipeline spend of £680,000. Next quarterly window opens in September — joining the June window gets you the better Q3 pricing.
Regulatory note — environmental compliance
The Sustainable Farming Incentive (SFI) scheme continues to evolve. AHDB has updated its nutrient management guidance for 2026. Both affect input purchasing decisions — particularly fertiliser specification and application timing. Worth reviewing before your autumn agrochemical programme is finalised.
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