US wheat futures were higher across the board on continued short covering leading into the break. The catalyst seemed to be optimism from the US / China trade deal as well as some good numbers for US weekly export...

The Aussie dollar slipped against all the majors bar the pound which is having its own issues at present. With the RBA hinting at another rate cut as early as February 2020 the punters took to the sell side....

Profit taking seemed to be on the menu at Chicago last night. Wheat, corn and soybeans futures all closing a little lower. Soft red wheat futures were hit the hardest shedding 8c/bu (AUD$4.28/t) on the nearby March contract. Soybeans...