US wheat futures appear to be trying to find a base around these numbers. Selling moves higher and buying moves lower. The key is still speculation about increased demand for US wheat from those usually reliant on Black Sea...

Both US and European wheat futures pushed lower overnight. Nearby milling wheat at Paris some E11.50 lower (AUD$16.86). Outer months at Paris were not as hard hit but still fell away E8.50 in the December slot. US futures were...

India booked 45kt of sunflower oil with Russia overnight at a new record price of US$2150/t. This represents a rally in Black Sea values of $520 over values prior to the Ukraine / Russia war. The purchase was delayed...