The US session was never going anywhere thanks to poor export data and a pretty benign weather map and then they had to contend with the “Trump effect”. Talk that the US plan to impose an additional 10% of tariffs on China smashed the last bullish bet out of...

Trump continues to play the victim in trade negotiations with China. US producer support for the trade dispute is falling rapidly in many locations that rely on soybeans. Domestic support programs are viewed as short term and become nothing more than subsidies in the long term further distorting global...

In the US local cash markets generally did not follow futures higher with weaker basis registered for corn and soybeans. Wheat futures found support from thoughts that production in both the EU and Russia may still be a little over stated. This moved against the latest IKAR prediction for...

US markets were struggling to find further bullish news leading into the weekend thus took the path of least resistance and sold off with wheat and corn closing marginally lower by the end of the session. The weaker AUD should counter any losses seen in the US markets. The...