Prices 8/6/18

US grain futures were mixed in overnight trade. Corn futures were flat to weaker. Soybeans were smashed, beans couldn’t take a trick, firstly better weather in the USA and then the Brazilian real slipping 2.4% in a day. The weaker real triggered stock liquidation in Brazil but on the...
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Prices 7/6/18

The trucking strike in Brazil may well kick off again as news that the new minimum freight rates the government only just imposed will be reviewed. The rates were pushed through quickly in order to stop a trucking strike that was crippling fuel, food and grain supplies across Brazil....
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Prices 6/6/18

Technical Tuesday also found some physical support with trades reported out of the Black Sea region. Thoughts that the Monday sell off in US grain futures was a little over cooked saw the punters taking profit and pushing the market higher in over night trade. US corn was placed...
Read More: Prices 6/6/18

Prices 5/6/18

US grain futures were smashed in overnight trade. Combine this with a much stronger AUD and we should see new crop swap prices for all major grains sharply lower this morning. The US and China continue to play argee bargee. China’s stance is not exactly helping the Trump administration...
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Prices 4/6/18

International markets continue to focus on the improving weather in the US and Canada thus we see wheat futures continue to push lower at Chicago. Technically the December soft wheat contract at Chicago is relatively neutral. Hard red wheat futures are not much different from a technical perspective. The...
Read More: Prices 4/6/18