Don’t like the price direction in US grain futures, simply wait another session or two and presto, it changes, a lot. Corn futures at Chicago saw limit up moves in the new crop contracts, Sept 21 > May 22 all up 40c/bu (AUD$21). Chicago soybeans were up 80c –...

US spring wheat and hard red winter wheat futures succumb to some profit taking overnight. Looking at spring wheat cash bids in the USA they did not move in unison with the futures market. While MGEX spring wheat futures slipped 22.5c/bu the cash market there actually rallied 26c/bu. This...

An unusual night in US grain futures with a combination of technical squaring, buying, ahead of the US quarterly stocks report and relief / concern after recent heavy rain delivered good moisture to some dry location but flooding rain to others. The row crops saw the most volatility, corn...

US grain futures were again sharply lower in overnight trade, corn, soybeans and both wheat contracts at Chicago closed the session lower. Spring wheat futures at Minneapolis continued to push higher. Spring wheat cash bids were also sharply higher, the MGEX cash market now trading at over 940c/bu (AUD$455/t)....