All major world grain futures markets were softer overnight, bar Winnipeg canola. Not sure what that’s about, maybe they are just happy they are still not part of America. Chicago wheat, corn and soybeans all closed in the red....

We have a USDA World Ag Supply and Demand Estimates report due out tonight. There’s plenty of speculation and positioning in the futures market leading up to the report as usual. Analyst expect to see a reduction in both...

At a glance the February WASDE report isn’t bearish wheat but looking further into the data you tend to realise it’s not that bullish either. At a glance the 1.26mt reduction on world ending stocks looks promising. Drilling down...