I was reading a post from Andrey Sizov from SovEcon yesterday. It was a view on the US futures market. Not riddled with predictions, but simply stated. “I keep getting asked: why is wheat down so hard? Valid question....

This weeks WASDE reduced US winter wheat production further. Hard red winter wheat is now at it’s lowest production number since 1957. What else would the US futures market do, well sell off lower of course. Soft red winter...

The June 15th US crop progress report shows corn at 94% emerged. Over the last 7 days the US corn belt as seen some very good rain with parts of Iowa, Illinois and Missouri seeing 75mm to 100mm. General...