16/5/25 Prices

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Canola and rapeseed got caught up in the sell off in Chicago soybeans last night. Winnipeg canola was hit the hardest, shedding C$27.04 for nearby pickup ex farm SE Saskatchewan according to price reporting platform PDQ. Canadian new crop canola was also hit, a Sept lift shedding C$23.60 /...
Read More: 16/5/25 Prices

15/5/25 Prices

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With US internal wheat values as low as they are we are starting to see a few more punters backing higher demand for wheat in feed rations unless corn values in the US fall further. The major importers are also taking up US wheat. US export sales and loadings...
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13/5/25 Prices

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The USDA weekly crop progress report was out after the close. This weeks report has corn pegged at 62% sown, 6pts above the average. Soybeans 48% sown, 5pts above the average. Sorghum at 26% sown, bang on the average, and spring wheat at 66% sown, well above the average...
Read More: 13/5/25 Prices

12/5/25 Prices

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The Canadian spring program is progressing nicely, as of May 5th data confirming the state off to a good start . Across SW Saskatchewan, prime durum country, sowing is ahead of schedule with around 44% of the projected acres now sown. Saskatchewan durum is estimated at 33% sown across...
Read More: 12/5/25 Prices

9/5/25 Prices

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A stronger US dollar, and better crop ratings for the US winter wheat crop continued to hurt their futures market. The weaker AUD went some way to buffering the decline in futures, but may not cover it all. Further technical selling leading into next weeks USDA WASDE report was...
Read More: 9/5/25 Prices

1/5/25 Prices

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The question today, and probably for a while now is, is US wheat cheap? The answer is probably yes, but to have a closer look and confirm this we may need to know the feed grain ration calculations for both US feed grain consumers and export feed grain consumers....
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30/4/25 Prices

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The nearby moves on both Paris rapeseed and Minneapolis wheat futures were good examples of being on the wrong side of things as the nearby contract moves close to expiry. Nearby May Paris rapeseed had been much higher than the next slot, August, and failing to converge for some...
Read More: 30/4/25 Prices

29/4/25 Prices

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The weekly US crop progress report is out. The numbers are good, soybean and corn sowing is progressing very quickly, beans 18% in, and corn 24% sown. 15% of the cotton crop is also in the ground. Sorghum sowing is estimated at 21% complete just ahead of the 5...
Read More: 29/4/25 Prices

28/4/25 Prices

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International futures and cash markets were generally sideways to a little firmer overnight. Outer month Chicago corn futures closed in the red, the consensus there being that US acres are more likely to increase than decrease. Rainfall over the last 7 days in the US has been good across...
Read More: 28/4/25 Prices

23/4/25 Prices

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International wheat futures were sold lower overnight. US and EU futures markets shed value, the EU markets were sharply lower. Paris milling wheat shed €2.75 / t nearby and €4.00 / t in the December slot. One of the harder hit contracts was London feed wheat, back £5.40 /...
Read More: 23/4/25 Prices