Egypt confirmed they picked up 235kt of Russian wheat overnight. Values are US$12.50 to US$15.50 higher than the last tender but payment terms were also modified and reflect the longer payment interval. Even so, in real terms the price...

The international market continues to paint a moderately bullish picture for milling wheat. If we overlook the technical slip in US wheat futures values overnight, as that is probably more a function of positioning prior to the WASDE report...

Last night was a pretty boring session for most futures markets around the globe. Was it positioning ahead of the WASDE report, a void of bullish news out of the Black Sea, no new demand news. They say the...