US soybean futures were hit hard overnight, the Jan23 slot shedding 61.75c/bu, roughly AUD$32.00. The punters call the weather map the key to the decline. A quick look at the weather forecast for the US does have one questioning...

Talk of severe thunderstorms leaving up to 14″ of rain in some parts of the central corn belt has done little to support US corn futures, which again slipped lower. Nearby corn, wheat and soybean futures all continued lower,...

The US drought map and the forecast of more hot, dry weather for the western corn belt played a big role in last night’s recovery in soybean and corn futures at Chicago. Wheat futures were supported not only by...