# Grain prices break the €300/t barrier  -  Free

> Futures for December grain broke the €300/t level in Europe and reached €313/t, with physical wheat at €305-310/t and dry barley above €300/t. The move followed quality problems in the Australian wheat crop and rail line closures in Canada caused by flash flooding.

- Date: 2021-11-24 · published 2021-11-24T12:00:00.000Z
- Category: logistics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/44141-grain-prices-break-the-300-t-barrier-free
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight milling wheat supply and transport disruptions are lifting European and global feed and milling grain values, and the new-crop contracts have also strengthened.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-26 | [Experts break down 2022 outlook for grain \| WA](https://feedsoft.ai/events/44117-experts-break-down-2022-outlook-for-grain-wa.md) | -0.8% | -3.5% |
| WHEAT | 2024-02-02 | [Weekly highlights - What the Red Sea shipping disruptions mean for grain prices - Graintab](https://feedsoft.ai/events/31561-weekly-highlights-what-the-red-sea-shipping-disruptions-mean-for-grain-prices.md) | -1.6% | -8.9% |
| WHEAT | 2026-07-31 | [The battle to move Black Sea grain \| Miller Magazine](https://feedsoft.ai/events/14104-the-battle-to-move-black-sea-grain-miller-magazine.md) | -1.0% | +5.5% |
| WHEAT | 2021-08-19 | [Feedgrain Focus:  Offshore, lockdown lift prices - Grain Central](https://feedsoft.ai/events/45677-feedgrain-focus-offshore-lockdown-lift-prices-grain-central.md) | +0.4% | +4.9% |
| WHEAT | 2021-07-09 | [Double whammy for food buyers as freight costs spike amid high grain prices \| Reuters](https://feedsoft.ai/events/45908-double-whammy-for-food-buyers-as-freight-costs-spike-amid-high-grain-prices.md) | -1.4% | -0.0% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/news/news/grain-prices-break-the-300-t-barrier-663426

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.