Durum markets remain as hard to pick as always. It’s no wonder we often hear wheat and sorghum traders telling us they have no interest in participating in the durum market. The Tunisia tender appears to have been shown...

There’s a lot of adjustments to digest in the February USDA World Ag Supply and Demand Report. As usual I’ll concentrate on wheat. Initially the numbers start well, a slight reduction in world carry in after adjustments to last...

The firmer AUD will take away some the inroads made by world wheat values last night. At Chicago SRWW rallied an unconvincing 8.25c/bu, or AUD$4.65. Unfortunately the rally in the AUD is the equivalent to -AUD$1.87, netting a plausible...