US soybean futures took a hit last night as the punters walked away from them on the back of improved crop ratings. Chicago futures shed 35c a bushel (-$16) on the nearby contract closing the session at 959.5c/bu. The decline in soybean values had the usual knock on effect...

It’s more of the same on the US weather map. The spring wheat belt is expected to remain hot and dry as harvest starts there while the lower Midwest and the hard red winter wheat states see cooler conditions and some good rain in the week ahead. This lack...