It appeared to be a consolidation of some description at the CME futures market in the USA. Soybeans found some steam and then lost it after trade representatives warned that the negotiations with China could go on for much longer than they expected. Corn succumb to further technical selling...

The US futures markets were lower again in overnight trade. The punters are looking for confirmation of Chinese orders before they pencil their demand into the books, talk is cheap. Weather in the US is generally benign with another winter storm expected to drop more snow and rain in...

From the outside the US wheat futures market appears to have some kind of disconnect with reality. Why I’m surprised I have no idea, it’s not like it’s a reflection of the actual wheat market on a daily basis these days is it. So fundamentally we saw export loading...

Some more regurgitated USDA data and some “good progress” in the USA / China trade debate couldn’t make a mark in US futures last night. The only product that really showed a pulse was spring wheat futures. The MGEX nearby contract rallied about $4.60 / tonne. Outer months for...