Russian wheat analyst SovEcon lowered their 2024 wheat estimate by a massive 7.3mt to 85.7mt. Confirming that recent hot dry weather and late frosts have pruned yields enough to see the 2024 crop fall 1mt below the 5 year...

US wheat, corn and soybean futures closed lower in overnight trade, not by much, the weaker AUD almost taking care of much of the move in grain values once converted to AUD / tonne. The futures markets in the...

The better grade wheat wheat futures in the US continued to push higher overnight, but soft red winter wheat futures found resistance and closed a smidge lower. The move lower in SRWW didn’t hurt the good weekly gains in...