Why are Wheat (Safex) Prices so high?
09-12-2025 - Over the past month, the price of wheat on the Safex market has decreased from 5820.0 R/t to 5715.0 R/t, indicating a downward trend in the raw material market. This decline suggests potential changes in supply or demand dynamics. The forecast for Safex wheat is 5697.0 R/t, a slight decrease of 18.0 R/t or -0.3% from the current price of 5715.0 R/t, suggesting a generally stable trend with minimal risk of price fluctuation.
The forecast also highlights a significant downward price impact of -43.0 R/t, influenced by Flows data, particularly from Seaborne Imports & Exports and Exchange Rates. While Demand data indicates upward pressure, the overall impact from Flows, Supply, and Technical data points to a decline in raw material prices.
A report by Sask Wheat, dated November 24, 2025, notes that the International Grains Council (IGC) has increased its global wheat production estimate for the fourth consecutive month. This aligns with the USDA's projections of higher global ending stocks year-over-year, suggesting a bearish outlook for wheat prices due to anticipated ample global supplies. This conclusion supports the forecasted decline in the Safex wheat market.
The forecast also highlights a significant downward price impact of -43.0 R/t, influenced by Flows data, particularly from Seaborne Imports & Exports and Exchange Rates. While Demand data indicates upward pressure, the overall impact from Flows, Supply, and Technical data points to a decline in raw material prices.
A report by Sask Wheat, dated November 24, 2025, notes that the International Grains Council (IGC) has increased its global wheat production estimate for the fourth consecutive month. This aligns with the USDA's projections of higher global ending stocks year-over-year, suggesting a bearish outlook for wheat prices due to anticipated ample global supplies. This conclusion supports the forecasted decline in the Safex wheat market.
What is the current / spot price of Wheat (Safex)?
Wheat (Safex) Price Today
December 9, 2025
Current Price
5715
$/bsh
What is the forecast for the price of Wheat (Safex)?
Wheat (Safex) Price Forecast
December 9, 2025
1 Month Forecast
5697
$/bsh
1 Year Forecast
6062.6
$/bsh
What are the short-term drivers of Wheat (Safex) prices?
Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - EWMA-based technical analysis - Grain imports to Brazil - Global Wheat Production Stocks Br(None) The top contrary drivers for the 1 Month horizon are: - The shape of the futures curve - Satellite-observed activity in North Dakota (United States)
What are the long-term drivers of Wheat (Safex) prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - Min. temperature in Saskatchewan (Canada) - China 300 Index - Seasonality trends for the prediction month of year Br(None) The top contrary drivers for the 1 Year horizon are: - Short term price trends - Global Wheat Ending Stocks
Will the price of Wheat (Safex) go up?
.png)
1 Week
1 Month
3 Month
6 Month
1 Year
The Latest Wheat (Safex) News
ChAI Blog
Chicago soybeans slip as traders monitor China buying; wheat, corn also down
December 1, 2025
Hellenic Shipping News Worldwide
Agriculturals
Click here to see info on similar materials in the group
Frequently Asked Questions
Still have a question?
Contact us
Which suppliers or regions are the most reliable/unreliable right now from a supply chain perspective?
What are the key supply chain risks for the next quarter (climate events, wars, shipping route changes)?
Are there any substitution materials currently becoming more competitive?
Are there any current supply chain disruptions (strikes, port closures, weather events, shipping delays)?
What tariffs does the EU have with the US?
What are new government polices?
What raw materials are in short supply?
What are current freight rates?
Do your models/algorithms change for time horizons? (short term/long term)?
What is unique about what you do? Aren’t large hedge funds already doing something similar?
What kind of AI techniques are you using?
Our Risk / Compliance Department is concerned about model transparency - How do you ensure your models can be explained?
Can you expand on how the AI is used and how it's a differentiator?
Interested in further market insights, forecasts, cost models, downloadable data ?
We are making the companies whose products we depend on everyday more resilient
Speak to the team
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
*Please include your company email