Outside markets and a better weather outlook for the US hard red wheat belt pressured futures markets in overnight trade. US bank shares had rallied around 22% since the Trump victory in the US, some say yesterday’s adjustment was...

Markets were a little side tracked with the London news but generally slipped lower on the back of weaker crude and a general fund liquidation of longs across the board. Technically we do see wheat slipping into oversold territory....

The weather map for the US wheat belt looks good for east of the Mississippi and north of Kansas but for a large slice of the hard red wheat belt the map isn’t as promising as some market wires...