Both Chicago soft red winter wheat and hard red winter wheat futures saw double digit gains overnight. There’s no fundamental reasoning for this rally. Weekly US sales were not great, 203.1kt, that’s towards the low end of trade estimates leading up to the report which ranged from 200kt to...

US cash and futures for wheat saw a little downside overnight. Hard red winter wheat 11.5% out of the Pacific Northwest was roughly AUD$3.80/t cheaper when compared to yesterdays conversion from FOB US to, C&F Asian consumer, to XF LPP equivalent. US White wheat was relatively unchanged and higher...

One week you have to be an expert on Venezuela, next week China, then global tariffs, then freezing rain in Russia, then blizzards in the US, then crude oil shipments from the Middle East, no wonder I have no hair. From a fundamental perspective the actions between Israel, it’s...

International wheat futures were firmer, Chicago, Minneapolis and Paris milling wheat contracts all finding good gains by the close. Is it sustainable, if you can show me a fundamental reason why this is happening, than yeah, we can call it fundamental, but otherwise it still appears to be technical...