May 24 London wheat closed up £1.55 (£195.20) November 24 closed up 60p (£206.90).

Wheat markets came under further pressure with London May 24 closing down £1.75 (£193.70); November 24 closing down £0.65 (£205.30).

Seemingly lacking fresh news as markets are kept pretty flat with little to no movement across the board.

November 2023 is no longer trading in the London wheat market! May 2024 finished down £0.25 (£196.25) and November 2024 finished down £0.25 also (£206). The US markets were closed yesterday for thanksgiving and are open for a shorter period today.

Prices were little changed on Euronext yesterday, with a fall in wheat. Traders are watching with interest the decline in the euro/dollar exchange rate over the past few days, marking a pause following the rebound of recent weeks

Our next Dewing Grain Podcast Walk is on Tuesday 28th of November at 11 am in Winterton. The What3words to find the location are ‘corrosive

Ukraine is expected to harvest 79 million tonnes of grain and oilseed in 2023, with a 2023/24 exportable surplus of about 50 million tons, the ministry has said.

World wheat production is estimated to be 751 million metric tons this harvest compared to the 789 million metric tons harvested in previous season.

French wheat traded down all day, as did London. London volumes haven’t been as impressive as the last couple of days, but still made it near to the 200 mark.

The currency market was the main source of prices movement in the middle of the week.