Corn, wheat and soybeans were all lower at Chicago. Corn was hardest hit with the nearby contract shedding 12c/bu (AUD$6.85/t). Volume in the corn pit for the session indicating a number of stop loss orders were probably triggered. The...

There was a nice recovery in US grain futures overnight. The analyst are calling it bargain buying after the sharp losses of the previous session. One can’t help but think that the rally in wheat may limit US export...

The US markets are closed for Martin Luther King day. Temperatures across the US are very cold in the north, down to -35C across the northern parts of  N.Dakota and Minnesota over the weekend. The cold has pushed right...