Wheat futures in the US managed to keep clear of the negativity in the soybeans pit at Chicago. Soybean futures dropped 18.75c/bu (AUD$9.50/t) on the nearby contract. As usual this weakness rippled across oilseeds in general resulting in lower...

I’m getting a little sceptical of the US futures market, yeah yeah, I know stop rolling your eyes. It’s not like it’s a revelation or anything it’s just that sometimes it becomes a little obvious. I guess they hand...

Bam, and just like that my sell wheat / buy soybean theory is squashed. Overnight saw advances in both wheat and soybean futures in the US. Volume in the December contract for wheat is still fairly high considering first...