Both US and European wheat futures pushed lower overnight. Nearby milling wheat at Paris some E11.50 lower (AUD$16.86). Outer months at Paris were not as hard hit but still fell away E8.50 in the December slot. US futures were lower across all three exchanged. The weaker AUD countering the...

US wheat futures appear to be trying to find a base around these numbers. Selling moves higher and buying moves lower. The key is still speculation about increased demand for US wheat from those usually reliant on Black Sea wheat exports like Egypt and the Middle East. I find...