# Protein premiums push higher: Grain market daily | AHDB

> UK feed wheat futures for November 2021 rose £1.15 to £168.75 a tonne after large losses the previous week. Hot, dry weather in the US plains and Canadian prairies has left only 20% of US spring wheat rated good or excellent, the lowest for this point in the season since 1988. Protein premiums are rising as a result.

- Date: 2021-06-29 · published 2021-06-29T12:00:00.000Z
- Category: weather · region UK · magnitude medium
- Page: https://feedsoft.ai/events/46637-protein-premiums-push-higher-grain-market-daily-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Poor North American high-protein supply increases demand for alternative milling wheat and lifts premiums, which supports global wheat values. The impact depends on how the crop conditions evolve.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-07-16 | [Prices rally as Russian crop reduces: Grain market daily \| AHDB](https://feedsoft.ai/events/46105-prices-rally-as-russian-crop-reduces-grain-market-daily-ahdb.md) | +0.1% | -0.4% |
| WHEAT | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +1.8% | +3.4% |
| WHEAT | 2022-06-29 | [What’s driving the volatile grain market? Grain market daily \| AHDB](https://feedsoft.ai/events/40981-what-s-driving-the-volatile-grain-market-grain-market-daily-ahdb.md) | -8.7% | -16.2% |
| WHEAT | 2020-04-17 | [French crop conditions dip amid dry weather: Grain Market Daily \| AHDB](https://feedsoft.ai/events/53576-french-crop-conditions-dip-amid-dry-weather-grain-market-daily-ahdb.md) | -1.4% | -1.8% |
| WHEAT | 2024-04-26 | [Dry Russian winter wheat areas in focus: Grain market daily \| AHDB](https://feedsoft.ai/events/12145-dry-russian-winter-wheat-areas-in-focus-grain-market-daily-ahdb.md) | -2.3% | +21.2% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/protein-premiums-push-higher-grain-market-daily

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