It was very much a pre WASDE report type market across US futures last night. The USDA will present their first World Ag Supply and Demand Estimates report for 2024 on Friday night our time. I’ll have a dig...

Another poor session for US wheat futures. Corn was pressured by lower wheat and a better outlook from the S.American corn crop. Chicago soybeans closed flat to a smidge firmer. The fact the soybean market didn’t fall further was...

The WASDE was out last night and as expected the biggest losers were corn and soybeans. World ending stocks for corn, wheat and soybeans were all higher than trade estimates prior to the release of the WASDE. Corn was...