Both Winnipeg canola futures and Paris rapeseed futures were lower in overnight trade. The move at Paris roughly equating to an AUD move of +AUD$0.34/tonne. The firmer AUD making short work of the increase at MATIF.
Paris milling wheat futures were flat and London feed wheat futures were a smidge higher, following the lead from the US wheat futures exchanges where SRWW and HRWW closed a smidge higher while MGEX spring wheat futures were mixed, but generally lower.
US cash wheat values out of the PNW reflected the moves at the futures exchanges. Spring wheat values did tend to move higher at the FOB level though. White wheat values out of the PNW were generally flat, as they have been for much of this week.

The market generally remains fixed on S.American weather and the impact it is having on both the soybean and corn crops in Brazil and Argentina. Rainfall in the US, Europe and across the Black Sea states is not indicative of volatility, if anything the weather for most major exporting regions other than S.America has been very good.
Other outside influences are the Russian / Ukraine war, not that it’s having the impact it once did, and the issues regarding passage through the Red Sea when transiting the Suez Canal. Slow passage through the Panama Canal is also an issue. Both these access points now have either increased tolls or insurance costs and / or limited throughput, increasing the time to pass, thus the cost of getting goods to destination ports.
The only real positive speculative news for wheat came from a reduced European outlook thanks to sowing delays from wet weather. StratGrain reduced expected EU output, but in the bigger picture they expect increases in other nations to more than counter the reduction in Europe. World wheat +3.2%.