Grains were lower on technical trade and outside markets. There is also some doubt the Chinese will honour their comments at the G20 after Huawei’s CFO was arrested in Canada for breach of sanctions against Iran. Any further details on the arrest have been censored. The fact the arrest...

The Aussie dollar fell sharply against all the major currencies yesterday and overnight. The AUD was dragged down by unexpected & much lower growth……… seriously…….unexpected…… where do these guys live under a bloody rock. The banks don’t want to lend money to anyone who needs it, the cost of...

Wheat lost a little of it’s speculative volatility as Russian and Ukraine tensions appear to have eased a little. Support came from a lower EU wheat crop. According from Coceral the EU 28 block produced 128.6mt of wheat this year, this is about 1.3mt lower than the September estimate....

The US markets seemed pretty happy with the rhetoric coming out of the G20, the main driver being the pledge from China to open up their markets further thus reducing the trade deficit with the USA.  In response US tariffs on Chinese import will remain unchanged in the short...

Technical trade and speculation that the US and China can come to some kind of resolutions at the G20 appear to be the main driving force behind last night’s rally in US futures. As we know anything without a fundamental back ground is on shaky ground these days. Wet...