I’ve attached 2 charts to look at this morning. I like to convert international values to a common point to make a fair comparison to local values. I’ve taken international wheat values C&F east Asia and converted those values back to a rough XF LPP comparable price. There are...

We have a USDA World Ag Supply and Demand Estimates report due out tomorrow night, US Sept 11th. This will probably result in speculative liquidation and positioning leading up to the report. Wheat has seen a significant amount of volatility over the last couple of weeks as the punters...

The Black Sea issues have dominated the markets for a long time. Recent escalation has seen port infrastructure for both Russia and Ukraine destroyed and both sides have sunk ships transporting goods. The weather doesn’t make great headlines unless it can confirm climate change, or a possible natural disaster...

International news is a little thin this morning with the USA having a public holiday. EU grain and oilseed futures all closed in the green. London feed wheat was up £2.00/t in the January slot, Paris milling wheat was up €3.25/t in the December slot, Paris corn up €0.50/t...