Was the move lower in US futures yesterday a needed correction triggered by the USDA report or was it a good old fashion bear trap. Well last night saw futures for wheat, corn and soybeans recover well wiping out...

US corn, wheat and soybeans futures all closed the week higher, corn at a three month high and wheat at a two month high. Our local wheat prices closed higher, at about the same level they were back in...

The oilseeds ruled the roost last night. Soybeans at Chicago were firmer, ICE canola closed up C$8.60 and Paris rapeseed also put on €3.00 / tonne on the nearby contract. Lower palm oil stocks, good Chinese / US soybean...