Argentina’s wheat crop, a crop that was rated at 52% poor on October 14th, is now 39% harvested. During the harvest period we’ve seen crop condition ratings improve. The trade are suggesting thanks to the late rain but we all know how late rain can impact on a crop,...

S.Korea picked up 31.6kt of wheat off the US and Canada overnight, according to some reports it was for various grades, generally higher. Considering S.Korea are also tendering for 45kt of Australian wheat one might consider it is a blending exercise. The average price for the N.American purchase was...

Both ICE canola futures and cash bids for canola out of SW Saskatchewan improved overnight. Futures closed C$5.40 higher in the Feb slot while cash bids for a Feb lift XF SW Sask rallied C$4.99 to C$556.34 ex farm there. On the back of an envelope using the same...

Cash bids for US grains out of the Pacific North West were flat to lower. White wheat held onto values while both DNS wheat and HRW slipped a few cents per bushel. Club white wheat with 10.5% protein was bid at US$248 FOB PNW, which on the back of...

In the US HRW and DNS wheat clawed back much of the loss incurred on Wednesday. Punters took it as an opportunity to do some technical buying in wheat and corn and to keep the upward momentum in soybeans going. There are plenty of punters expecting to see 1200c/bu...