Looking through the raft of international business that has been reported this week one can’t help but think that many major consumers have taken advantage of the recent decline in wheat values. Algeria started the week booking 30k of milling wheat at US$280 CFR.  The product was purchased on...

Nearby futures for ICE canola defied the lower close in Chicago soybeans and put on another C$15.30 per tonne for the May slot, I’d hate to be caught short on that contract, it’d be starting to get a little hard to sleep at night. New crop ICE canola was...

US wheat futures were slightly lower in overnight trade. Cash bids out of the Pacific Northwest of the US followed the futures market with bids for HRWW slightly lower, bid at US$262 FOB. Indicating that Australian APW is still attracting about a AUD$15 premium over HRWW. Looking at the...

US futures bounced back from the profit driven session on Thursday. Soybeans at Chicago lead the way and as usual assisted the ICE canola contract higher. The July slot rallied C$24.60 to C$726.20 per tonne. Cash bids for canola across SW Saskatchewan followed the futures market higher with a...