Prices 30/11/16

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The warmer weather in Canada has helped some producers complete harvest while it has hurt others as they can no longer get onto their country until the ground freezes up enough to take machinery. There are a couple of reports due out of Canada this week which should reveal...
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Prices 29/11/16

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I just noticed my daily prices email I sent out yesterday came in at 1.33am to me. Seriously Telstra !!!!…….next thing they will be trading pulses. I sent that out around 3.30 – 4pm yesterday afternoon. The weaker US dollar is not helping our cause at the moment. With...
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Prices 28/11/16

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US futures were a little mixed with a short week and Dec options expiring. The tone from both the technical and fundamental side of the market was not bullish for wheat and corn. Soybeans did manage a higher close at Chicago although Paris rapeseed was off a couple of...
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Prices 25/11/16

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While the USA chowed down on turkey breast the rest of the world got to digest the latest International Grains Council supply and demand data. I would have preferred some nice tender breast than a report filed with more of the same “huge wheat stocks”, “bigger acres in Russia”...
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Prices 23/11/16

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Soybeans lead the market higher in the USA last night. With beans up 26.5c/bu ($13.20/t) it rolled through the oilseed market and pulled canola futures higher. Nearby ICE canola was up C$6.70 by the close. In Paris rapeseed futures also closed higher, gaining €2.25 / ($3.24) tonne. Good weekly...
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Prices 21/11/16

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The US dollar continues to rise against the other major currencies on prospects of a US rate rise in December. The Aussie dollar continues to fall against the other major currencies and is now back under 74c, in fact it’s closer to 73c this morning. Combining a stronger close...
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Prices 18/11/16

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Grain markets in the US and Europe were generally flat to firmer overnight. With the punters now leaning the odds in favour of a US rate rise in December our dollar has enjoyed some much needed weakness. The weaker dollar makes up about 40% of the potential move higher...
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Prices 17/11/16

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Technically US wheat futures were a little oversold after the last few days and were looking for a higher close. It doesn’t look like a turnaround or a trend higher in the midterm but technically speaking the downside is limited from here without any dramatic fundamental changes. China has...
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Prices 16/11/16

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Technically US wheat futures were a little oversold after the last few days and were looking for a higher close. It doesn’t look like a turnaround or a trend higher in the midterm but technically speaking the downside is limited from here without any dramatic fundamental changes. China has...
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Prices 15/11/16

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The media are still absorbed with political analysis and what it means for exports and imports of not only US product but what opportunities the implementation of trade barriers into the US may offer international exporters. If Trump delivers on pre election promises and introduces trade barriers and tariffs...
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