16/8/21 Prices

US wheat futures found continued support from Thursday’s USDA WASDE report. Lower world and US wheat ending stocks encouraged speculators to build longs in wheat futures. Reductions in Russian wheat output were larger than many had expected to see...
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17/8/21 Prices

US grain futures took half a breather overnight, bar soybeans which continued to move higher. The big mover continues to be canola / rapeseed. ICE futures for Canadian canola pushed through C$900 to close the session C$18.10 higher on...
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18/8/21 Prices

Technical Tuesday, call it what you will. After a fairly bullish few days the Chicago wheat pit gave back 26c/bu on the nearby contract last night. This leaves the “rally” from the recent USDA report at just 7.5c/bu (AUD$3.79)...
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