The US had another Monday off last night. Looking across the active grain futures markets we see London feed wheat was flat to firmer. Paris milling wheat was higher across the board, new crop Dec 23 putting on E3.00...

It’s interesting in the US grain futures at the moment for two reasons. Funds were short futures, very short, up until the recent rally in wheat, corn, and soybeans. Weather condition in the US central corn belt deteriorated quickly....

It was all happening at Chicago last night, US grain futures closed sharply higher. Corn and soybeans dragged wheat higher, all making significant double digit gains by the close. Corn and soybeans found support from the rapid deterioration of...