US soybean futures were the big mover overnight. Caught up in technical trade but also spurred on by a reduction in the Brazilian crop soybean futures closed AUD$6.50 / tonne higher on the nearby contract. Historical adjustments in last...

US markets basically took a breather overnight, adjusting positions and squaring after the previous sessions rally. There’s not a lot driving international markets at present, it is the middle of winter after all. Production data for old crops is...

US wheat futures were hit pretty hard overnight shedding around AUD$8.00 on the nearby soft red wheat contract. Corn and soybeans were also lower. Interesting to note the Platts CME FOB Aussie wheat contract was US$1.50 higher on the...