With a USDA WASDE report due out tonight we saw funds try and square up a little of their huge net long bet in Chicago soybean futures. Volume was up in the bean pit with roughly 333,194 (1.2mt) contract...

Soybean futures at Chicago basically made everything else irrelevant last night. It was the biggest one day gain in the bean pit since October 2010, up 5.64%, 57.25c/bu, AUD$28.50 / tonne, any way you write it looks impressive. So...

Generally the US grains market was lower overnight after some big gains on Tuesday. Soybeans bolstered the market on Tuesday and soybeans lead the market lower last night. Not all of Tuesday’s soybean rally was given back, it’s a...