US winter wheat futures continue to slip further while the higher quality spring wheat futures closed higher. The weaker AUD should be able to counter any pressure from US futures on our domestic prices unless we see the dollar firm quickly in the morning session. Heavy rain is expected...

In overnight trade US corn and soybean futures were sharply higher while soft and hard wheat closed lower. Spring wheat futures bucked the trend at Chicago and managed to close in the black. This puts nearby corn futures at the best they have been since late July. Soybean found...

US wheat futures were mixed with the higher grade product at Minneapolis closing slightly higher while soft red wheat and hard red wheat futures slipped a little before the close. Corn futures were generally flat while soybeans managed a slight improvement by the close after moving higher in the...

US corn futures closed lower in spite of the USDA reporting a 1.577mt sale to Mexico. The sale was spread over this year and next year but with over 1mt still pencilled in for the current season in any other year it would have been a serious market mover....

I didn’t watch it, I don’t care about it and honestly I thought it was a foretold conclusion, the Clinton / Trump debate. Seriously, the US financial markets improved on the back of her performance against Trump…….seriously…… They expect us to believe that Trump was ever in the running....

You know what makes this job hard. The media, almost every story that hits the wires needs to be proofed now. For instance a headline today read “Russian wheat sowings threatened by dry weather”. So the first thing you do is cross check it to the weather maps and...

US soybean futures eased in overnight trade putting pressure on grains and oilseed prices in both Canada and Europe. The slip in soybeans came from all sides, technical profit taking, better harvest conditions in the US and the announcement of a Chinese tariff on imported DDG. DDG is a...

The punters are getting use to the stop start natures of the US corn and soybean harvest. Storms crossed parts of the central corn belt causing flash flooding in some location while in drier spots headers were busy stripping the crops. US futures markets were either side of unchanged...

The US Fed left interest rates unchanged and downgraded the prospect of further rate hikes. The US Fed did say that they are keeping their options open for a rate change in December if needed just to balance the argument and keep the punters speculating. The Aussie dollar jumped...

Wet weather across the central US corn belt continues to delay both corn and soybean harvest there. Illinois, Missouri and Iowa are the wettest with 2″ to 4″ falling in some parts of those states in the last seven days. Delays in corn are not as critical as delays...