The USA had a day off to celebrate the abolition of slavery. Turning our attention to alternative futures markets we see that the Paris milling wheat contract was down €2.00 in the September slot and –€1.50 in the Dec...

US futures markets were lower across the board, corn, wheat and soybeans at Chicago all shed value by the close. Across the Atlantic the EU exchanges were all green, London wheat higher, Paris milling wheat higher, Paris corn higher,...

I don’t know how small a US wheat crop needs to be, or how dry it needs to be in France, or how many bombs Ukraine and Russia needs to exchange, to sustain a wheat rally, but if obviously...