International grain futures were generally lower last night. Paris milling wheat in the Dec slot shed E3.50, closing at E325.25. At Chicago both HRWW and SRWW futures were lower. Minneapolis hung on well but closed in the red. Cash...

A nice rally at Chicago last night has seen wheat close the week up $20 – $30. US wheat futures initially moved higher, fuelled by continued speculation around Black Sea supply and access. This triggered speculative buying resulting in...

Another month, another USDA World Ag Supply and Demand report. Firstly, the boring stuff, the wheat market, generally the report appears a little bearish wheat if anything. Global production is a smidge higher, up 4.32mt to 783.92mt. Beginning stocks...