After a series of lower closes since last Friday Chicago wheat futures saw some technical trade support an otherwise oversold market last night. Volume in the May contract wasn’t huge but we are seeing less activity in the March...

It appears the funds are now placing bets as to which commodity will be the winner for summer crop acres in the US and the punters favourite appears to be soybeans and why wouldn’t it be. The funds appear...

Kansas wheat futures lead the US grains market higher in overnight trade. KC HRW May 18 was up 11.25c/bu (AUD$5.30/t) by the close with slightly lesser gains across the outer months. Technically the contract is overbought, it may have...