International milling wheat values continue to slip away as supply becomes larger. The Platts Milling Wheat Marker has fallen to it’s lowest level since mid September on the back of increased volume, and lower FOB values from the Black Sea. The marker is determined by the lowest offers of...

Negativity in wheat came from the StatsCanada report. Although this data was generally already factored into the market, the confirmation of data is never seen as bullish, unless you are a fund manager with a sell the rumour / buy the fact mentality. Which is becoming more common than...

Paris rapeseed values closed lower overnight. The Feb and May 2026 slots shed €4.75 / tonne. Winnipeg saw double digit losses, falling CAD$15.60 / tonne in the January slot, and finding no support across outer months, the Jan 2027 contract also falling CAD$11.40 / tonne. Weakness in both Chicago...

Cash values out of the Black Sea were a little lower overnight. Russian milling wheat was valued at US$227.25 FOB, still more expensive that Ukraine milling wheat but back a little from yesterdays conversion. The move in Russian values opposed the move higher for both French and US milling...

International wheat values, cash and futures, saw little change overnight. Spring wheat out of the US Pacific Northwest was a little firmer. The day to day conversion comparison for DNS spring wheat was up roughly AUD$3.90 per tonne, while other grades were generally flat to a touch softer. Cash...

US grain futures were mixed, corn and soybean futures at Chicago found a little upside while wheat was generally lower by less the AUD$1.50/t. Paris milling wheat was back across all months, December slipping €1.75 / tonne, and March back €2.75 / tonne. London feed wheat was also lower,...