The USDA World Ag Supply and Demand August Estimates were out overnight. I’ll concentrate on the wheat numbers. Beginning stocks were increased 1.37mt, production was increased 2.09mt to 798.28mt. Imports were increased 1.7mt, total consumption was increased 4.08mt and...

It’s a sea of red out there this morning. International futures markets are generally lower. London feed wheat is lower, Paris milling wheat lower, Chicago SRWW and HRWW futures are both lower, corn and soybean futures at Chicago also...

Flooding continues across much of northern India this week. There’s also been good rainfall across northern central India but not a lot more than average for this time of year. In the central regions some location are experiencing slightly...