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Wheat News - Global Wheat Market Updates in November
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Global Wheat Market Updates in November

World wheat prices remained firm this month, mostly due to dry weather impacting the start of the growing season in the Northern Hemisphere and Argentina's unfavorable production conditions. Strong global export demand drove further price spikes in Canada, European Union, Russia, and the United States, demonstrated by robust export sales reports this month. Concerns about the rise in COVID-19 infections worldwide and recent rains in Russia and the U.S. Plains softened price increases more recently.