Today is going to be an interesting one. The rally in US grain futures last night was the biggest one session move nearby soft red winter wheat futures had since the 25th of July…….2018. It’s the best one session rally nearby corn futures at Chicago has had since June...

There’s a USDA world ag supply and demand report due out tonight, so don’t expect to see too many big moves from the punters out there today. Technically we see Chicago SRW and HRW futures still a little over bought but generally trending towards neutral, that’s a good place...

South American weather continues to be a major driving force in the oilseed market. Overnight at Chicago soybean futures were again higher closing the session at 1375.75c/bu (AUD$652.58), about midway through the sessions range. Chinese demand is paramount though. The strength in beans dragged both Paris rapeseed futures and...