Wet weather in Brazil continues to delay both the soybean harvest and the late plant corn crop. The trade suggests that at least 20% of the late corn will be sown later than planned. This could see a yield reduction if the season does not go with the crop....

The dry weather across most of the Australian wheat producing regions got a mention in international wires overnight. Not that it makes much difference to a fund manager with a fist full of sell orders. By the end of the session at Chicago all three US wheat grades were...

Egypt picked up 240kt of Russian wheat this week for shipment during the first half of April. The price was said to have been US$317.50 C&F.  On the back of an envelope this is equivalent to somewhere around AUD$350 XF LPP, Australian milling wheat was never in the mix...