With some fluctuations, wheat prices have been generally growing in the globe since late July. At the end of November, market insiders reported another setback in contract quotes for the commodity due to a couple of factors. Firstly, Australia is expected to see a record harvest of wheat this grain season. Secondly, the rating of US winter wheat has remained unchanged since last week, with 44 per cent of crops estimated to be in good or excellent condition as of Nov 30, which actually surpassed the traders' expectations. As a result, global wheat prices have got under pressure. In the USA, for example, HRW wheat is currently estimated at $392.5/t FOB US Gulf (a $6/t decrease compared to last week), while SRW wheat is offered at $346.5/t (an impressive $17.5/t cut). Russian wheat with 12.5% protein content is currently available at $341.5/t FOB Black Sea (down $2.5/t).
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机译：有一些波动,小麦价格7月下旬以来一般生长在世界各地。11月底,市场人士报道另一个挫折的合同报价商品由于几个因素。澳大利亚预计收成记录这粒小麦的季节。去年以来美国冬小麦保持不变星期,估计有44%的作物截至11月30日良好或优秀的条件,实际上超过了交易员的的期望。有压力。估计HRW小麦目前392.5美元/ t离岸价美国海湾(6美元/ t下降与上周相比),虽然SRW小麦提供/ t(346.5美元令人印象深刻的17.5美元/ t)。蛋白质含量是目前可用的341.5美元/ t FOB黑海(跌2.5美元/ t)。
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