Better production prospects and improved logistics and weather in South America continued to influence fund liquidation in the soybean pit. Thoughts that beans will also win out in the battle for area in the USA had a negative impact....

In international markets we see Algeria picking up 200kt of durum wheat, the guess at the moment is this sale was made by Canada and the USA, most likely Canada but we should see further data on this May...

US grain futures were generally lower across the board with weakness leaking into the ICE and Paris canola contracts as well as London and Paris wheat. Futures at Chicago are generally oversold and should start to see some technical...