Prices 9/7/18

Buy the rumour sell the fact, that’s what seems to be driving the US markets at present. US tariffs came into effect yesterday, potentially hurting US / China soybean sales, so what happened, well Chicago beans rallied 38c/bu (AUD$18.85). To make the move in US soybean futures even more...
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Prices 6/7/18

Weather problems around the globe saw the US and European futures markets push wheat contracts higher overnight. Physical prices were not as keen to follow futures higher but there are signs creeping into the physical market confirming things are not as good as some punters might be trying to...
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Prices 5/7/18

The US celebrated independence day overnight and on Friday they may well be celebrating China trade war day when the first of a number of tariffs are implemented on Chinese imports. The US soybean grower may well remember Friday as the day Donald Trump destroyed the US / China...
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Prices 4/7/18

In the US corn and wheat futures appeared to trade around the fundamentals of other countries like Australia, Russia and Europe which helped Chicago futures stage a slight recovery. Soybean are still focused on the US / China issue and with good weather in the US pushing production estimates...
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Prices: 3/7/18

US wheat futures gave back all of Fridays gains overnight. A short week, good growing conditions in the US and an overall lack of desire on the part of the speculator to wave his wallet around while the US and China decide who has the smallest…. hands… is stifling...
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Prices 2/7/18

According to the wires wheat in the US futures market found fundamental strength from weather problems in Australia, Russia, France and the Ukraine. Positioning ahead of the release of the USDA stocks and acreage report was also an active helper of a recovery in wheat futures. As the USDA...
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