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Wheat export prices increased in November

Export prices of wheat mostly rose in November, but large supplies and stiff competition among the major exporters limited the month-on-month increases. The benchmark US wheat (No.2 Hard Red Winter, f.o.b.) rose for the second consecutive month and averaged USD 220 per tonne, up almost 4 percent from October but still 5 percent down from its level in November 2018. Uncertain production prospects in southern hemisphere countries, coupled with less than ideal planting conditions for the 2020 winter wheat crops in key northern hemisphere producing countries, continued to provide support to prices. Export prices from the Black Sea region and the European Union also increased in recent weeks. By contrast, price quotations from Argentina moved sharply lower, largely reflecting harvest pressure.

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Questions reviewed during this week’s CDS Q&A Session:

I’m seeing strips of poor growth of winter cereals following last year’s corn crop. What is causing this?
What could be causing poor emergence of my wheat crop?
I’m seeing some seeds without roots, some are healthy, some seeds are leafing out below the ground. Could seed-placed fertilizer be to blame?
What is the plant stand threshold for reseeding crops at the end of May or early June?
Considering the hot and dry conditions, what could potentially be the big insect issues this summer?
Will early waves of grasshoppers be prevalent?
With the current dry conditions, I haven’t put all my nitrogen on my cereals yet. Should I plan to apply all my nitrogen and when?
What potential impact will stagy canola emergence have on disease infections?
When should I be considering rolling my soybeans post emergence?
What do we need to consider when spraying in hot, dry conditions? And can biostimulants or other stress relief products help in this case?