Softer Chicago soybean futures weighed on the grain and oilseed market last night. Paris rapeseed shed value across all months and continued lower after the close and across their cash markets. Chicago beans also weighed on Winnipeg canola values, which slipped CAD$10.90/t in the January slot. The move lower...

Remember the good old days when they wanted to destroy data they’d just fly a plane into it. Not anymore, it’s a new age, now they fly a drone into a data centre and poof, it’s all gone….. Yeah, I’ll peel off the tin foil hat now and get...

The USDA weekly crop progress report has the corn crop 33% harvested, 6pts slower than the 5 year average. The condition rating for corn was up 2pts in the good to excellent range, 44/12- 56% G/E. In 2019 the USDA corn crop reporting closed off with a G/E rating...

Chicago corn and wheat futures closed in the green, a good effort for corn considering the sharp move lower after the WASDE data on Friday night. Wheat data was not that bearish in the report, it is pretty safe to assume wheat was collateral damage. Chicago soybeans did not...

It was USDA World Ag Supply and Demand Estimates report night, last night. So we’ll drill down into the WASDE a little this morning. You might assume that since US wheat futures are sharply lower this morning that the WASDE was bearish wheat. Well, from the outside looking at...

Canadian cash bids for both canola and durum were higher overnight. Canola the clear winner, SE Sask values for a Dec lift increased on average by CAD$6.20/t. Durum out of SE Saskatchewan has seen recent improvements for the 1CWAD13 grade, their top grade. Those moves continued last night. Harvest...

There’s a lot of red on the screen this morning. Chicago wheat futures were hit hard, HRWW and SRWW suffering double digit losses. MGEX spring wheat followed, not hit as hard, but shedding most of the previous sessions gains. As mentioned yesterday, managed money is long wheat, probably not...

Some nice moves higher on most grain futures last night. Chicago soybeans were the clear winner, up 21.75c/bu (AUD$11.44/t) in the November slot. Wheat and corn futures at Chicago had double digit gains in c/bu, and Paris milling wheat closed in the green, up €2.25/t in the December contract....

Saturday: Softer corn and soybean at Chicago continued to weigh on most US grain futures. Wheat was either side of unchanged depending on the grade. HRWW was the hardest hit, but only shed 2.25c/bu (AUD$1.18/t) in the December slot. Hard red winter wheat values out of the US Pacific...