It’s all about soybeans, canola, and rapeseed this morning. There were some impressive gains at Winnipeg, the Jan23 contract pushing C$39.00 per tonne higher. Paris rapeseed futures were also firmer by the close, the Feb23 slot up E11.00 or about AUD$16.04 per tonne. Not as impressive as the ICE...

Corn up, wheat down and soybeans stronger, the nearby contract very much so. The strength in Chicago soybeans spilled over into both the Paris rapeseed contract and Winnipeg canola. Cash canola bids across SE Saskatchewan followed the futures market higher, a December lift up C$11.10 to close on average...

US grain futures were sharply higher in overnight trade, technical Tuesday, a dead cat bounce, we’ve found a bottom, who knows. This market is very volatile, and 24 hours is a long time for a grain speculator these days. According to this morning’s wires the crux of the rally...

The drier weather outlook in the US had a few punters back on the buy side at Chicago. Corn, wheat, and soybean futures all making some decent gains. Wheat managed to take back around half of Fridays losses. What rain that is forecast to fall in the US is...

US and EU wheat prices tumbled in overnight trade. An agreement between Russia and Ukraine to create a wheat export corridor the major influence. Paris milling wheat was back AUD$36.82 on the nearby contract, the December slot down AUD$33.51. The news also sent all three US wheat grades lower....

Soybeans were the biggest loser at Chicago overnight despite the handy US export volume reported. US soybean futures appear torn between reflecting the volume of recent sales and the expected increase in Chinese demand as the hog herd increases, and the increased competition from the S.American suppliers, the weaker...

Bangladesh picked up 50kt of wheat overnight from Agrocorp International in Singapore at roughly $461 US C&F. This is believed not to be part of the 200kt of Russian wheat also being negotiated by Bangladesh. Russia continues to claim they have wheat sale issues to some destinations due to...

US wheat futures were flat to lower in overnight trade. Further north PDQ registered the average cash prices for grains ex farm SE Saskatchewan were all lower, spring wheat, durum, barley and canola values all fell. 1CWAD13 durum for a December lift average a price of C$459.55 per tonne,...

US wheat and soybean futures saw substantial gains in overnight trade. The strength in soybeans spilling over into the ICE canola market which also closed higher. Paris rapeseed did close in the black but not as decisively as the US and Canadian oilseeds. Corn futures were drawn higher by...

The US Fed continues to look like that 6 year old at the soccer field, you know the one, about 20m behind the crowd of 20 kids jostling for a little kick. We’ll call those kids the fund managers and bankers today, they are having a hell of game....