US wheat futures rallied higher overnight. Speculative trade on thoughts that Russia may put some form of export restriction on wheat to manipulate prices higher seemed to be the catalyst. The Russian ministry had “suggested” that the export pace...

Indian weather is creating some concern for the quality and quantity of both the wheat and chickpea crop there. Domestic Indian values have increased, chickpea putting on roughly AUD$18 per tonne when taking movement in the AUD / Rs...

The jump in US wheat futures will generally be countered by the increase in the value of the AUD against the USD. Hard red wheat out of the US Pacific Northwest was priced on average at roughly 10.16c/bu, US$373.30...