Jordan picked up 50kt of feed barley in a tender this week. It’s estimated the sale value was roughly US$260 C&F for first half of July delivery. On the back of an envelope that’s roughly AUD$260 XF LPP equivalent....

Algeria was reported to have picked up 690kt of milling at US$272 C&F. Without knowing the exact details this does appear to be about the current value for Black Sea milling wheat. Russian 11.5% milling wheat is estimated to...

Sometimes I feel like the more you learn the less you know. The interrelationships between cash grain, futures, currency, outside markets and politics, and from now on AI will be have to be thrown in the mix too, can...