Wheat futures in the US turned around last night, shedding AUD$19.37 per tonne in the nearby contract at Chicago. The decline in the September and December SRWW and HRWW futures were not that dissimilar. Drier weather in the lower...

It was WASDE night last night and it appears to have flushed out the bears. Wheat, corn, and soybean futures in the US were all sharply lower. Let’s have a look at the wheat side of the report and...

The bargain hunters were in the mix last night picking up “cheap” corn and soybeans at Chicago. Wheat found support but still struggled and closed a little lower in all three grades. Talk of potential weather damage to the...