US grain futures closed the session higher, a little off the highs of the day but firmer all round is a good start. The suggested changes to the Renewable Fuel Standards in the US may see ethanol blends go from a minimum of 10% to 15% and there is...

With the expiry of the March contracts just around the corner we are seeing funds roll and liquidate positions as usual. This is not boding well for wheat at present resulting in some sharp losses in overnight futures. As you know a fund manager is unlikely to own a...