There’s a USDA WASDE report due out mid next week, so there’s technical trade keeping US futures market somewhat de-linked from the fundamentals at present. US corn export sales were within expectation, and not bad at 1.14mt, but not enough to blow the froth off a Wall St cappuccino....

EU markets were firmer, US markets were mixed. London feed wheat, Paris milling wheat, Paris corn, Paris rapeseed, were all firmer bar a couple of slots. Paris milling wheat gained €3.25/t in the December slot. This takes Paris Dec milling wheat to €231.75/t (US$267.75/t). The Dec slot for Chicago...

A Russian cargo ship was hit by drones while about 50ks off the Russian Black Sea port town of Novorossiysk. There are mixed reports of who owns this ship, some commentators claim Russia, some Turkey, some say it’s under a Cameroon flag. Most agree it was part of the...

The US national corn crop condition rating declined again this week, down another 2pts, following on from last weeks 4pt decline. This makes the US corn crop Good / Excellent rating 12pts lower than it was this time last year. Nebraska, the state everyone had been worried about registered...