1/7/22 Prices

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US wheat, corn and soybean futures were all sold off in overnight trade, corn and wheat getting hit the hardest. The catalyst was the USDA quarterly stocks and acres report. Corn found pressure from both higher than expected sown area and higher than expected US stocks. Sowing for corn...
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30/6/22 Prices

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US wheat futures are mixed, hard red winter wheat stabilising somewhat while both soft red winter and spring wheat continue to slip away. Chicago corn found weakness in the December slot, back roughly the same as wheat. Chicago soybeans were a little firmer, up around 15.5c/bu (AUD$8.28) for the...
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29/6/22 Prices

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There was a bit of a bounce in US corn, soybeans and winter wheat futures at Chicago last night. The push higher in soybeans appeared to help the new crop canola contract at Winnipeg gain some ground as well. Paris rapeseed wasn’t left out of the equation, new crop...
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28/6/22 Prices

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US wheat futures continue to tumble. Minneapolis spring wheat leading the way. Pressure in winter wheat is predominately harvest driven in the states. Less than inspiring weekly wheat export sales data out of the US don’t help. The sales number came in at the low end of expectations and...
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27/6/22 Prices

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The oilseed market bounced overnight, soybean, canola and rapeseed all clawing back some of the previous sessions losses. Crude oil also pushed a little higher, oilseeds is seeing spill over support and spill over weakness from outside markets. Paris and Chicago wheat futures continued to slide, nothing more than...
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