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<blockquote data-quote="AHDB Cereals and Oilseeds" data-source="post: 7868378" data-attributes="member: 142623"><p>Friday 3 December 2021</p><p></p><ul> <li data-xf-list-type="ul">Global grains rebounded yesterday as UK wheat futures (May-22) gained £6.95/t across the day to close at £235.20/t. In addition, both the Nov 22 & 23 contract gained £4.80/t, to close at £204.80/t and £186.10/t respectively.</li> <li data-xf-list-type="ul">Global grain markets have been tailing off over the last week or so due to concerns over the new Covid-19 variant. However, this fall has been reversed by a series of import tenders (Egypt, Tunisia & Jordan) that have come around due to the price drop, and fears over what the rain has done to the Australian wheat crop.</li> <li data-xf-list-type="ul">The latest FAO cereal price index rose was estimated to rise by 3.1% in November on October. This is 23.2% higher than the same time a year ago, with global grain prices hitting the highest level since 2011.</li> </ul><h3><a href="https://ahdb.org.uk/news/crop-conditions-improve-compared-to-last-year-grain-market-daily" target="_blank">Crop conditions improve compared to last year: Grain market daily</a></h3><p><a href="https://ahdb.org.uk/cereals-oilseeds-markets" target="_blank">Latest futures market prices available here</a></p><p></p><p><a href="https://ahdb.org.uk/keeping-in-touch" target="_blank">Click here to receive AHDB market intelligence content straight to your inbox</a></p></blockquote><p></p>
[QUOTE="AHDB Cereals and Oilseeds, post: 7868378, member: 142623"] Friday 3 December 2021 [LIST] [*]Global grains rebounded yesterday as UK wheat futures (May-22) gained £6.95/t across the day to close at £235.20/t. In addition, both the Nov 22 & 23 contract gained £4.80/t, to close at £204.80/t and £186.10/t respectively. [*]Global grain markets have been tailing off over the last week or so due to concerns over the new Covid-19 variant. However, this fall has been reversed by a series of import tenders (Egypt, Tunisia & Jordan) that have come around due to the price drop, and fears over what the rain has done to the Australian wheat crop. [*]The latest FAO cereal price index rose was estimated to rise by 3.1% in November on October. This is 23.2% higher than the same time a year ago, with global grain prices hitting the highest level since 2011. [/LIST] [HEADING=2][URL='https://ahdb.org.uk/news/crop-conditions-improve-compared-to-last-year-grain-market-daily']Crop conditions improve compared to last year: Grain market daily[/URL][/HEADING] [URL='https://ahdb.org.uk/cereals-oilseeds-markets']Latest futures market prices available here[/URL] [URL='https://ahdb.org.uk/keeping-in-touch']Click here to receive AHDB market intelligence content straight to your inbox[/URL] [/QUOTE]
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