With little fundamental support wheat futures in the US succumb to technical selling and profit taking. All three major US wheat grades shed value both on the futures market and out of the Pacific Northwest cash FOB market. Paris milling wheat and London feed wheat followed the US markets...

International grain futures were generally flat to lower overnight. US HRWW and SW were a smidge lower nearby, while SRWW at Chicgao was a smidge higher nearby. Corn found continued support but Chicago beans gave back some of the recent gains. The weakness in soybeans rolled across into the...

Technical trade dominated the US futures markets overnight. Profit taking was a feature in the corn and soybean pits while wheat was dragged along for the ride, generally trending lower in the milling grades. Paris milling wheat was softer, shedding €2.75 / t in the March 25 slot, and...

Corn and soybeans futures at Chicago continued to push higher in Monday’s session. The stronger soybean market helped to support strong canola and rapeseed futures. Paris rapeseed, which had been leading the charge higher until the latest rally in soybeans, was not as strong last night. Nearby Paris rapeseed...

The USDA January World Ag Supply and Demand Estimates report, WASDE, held some surprises for the corn and soybean markets. Average US corn yield estimates were reduced to 179.3 bpa (11.254t/ha) that’s well below the average trade estimate of 182.7 bpa, prior to the reports release. The USDA also...

A short session in the US as the country shows its respect for ex president Jimmy Carter after passing at the age of 100. The USDA will release the January World Ag Supply and Demand Estimates report tomorrow. US wheat futures trended lower in anticipation of little bullish news...

US wheat, corn and soybean futures all gave up value overnight. The stronger USD did not help US export values. Paris milling wheat, corn and London feed wheat futures were mixed, either side of unchanged, but generally a touch lower nearby. Paris rapeseed was again the biggest winner, putting...

International grain futures were generally flat to higher in last nights session. Closing values for Paris milling wheat futures were mixed, the nearby shedding a little value while the Sept > May 26 contracts were a smidge firmer. London feed wheat futures were up just over a pound. US...

Over the break there were some good international purchases, mainly from Black Sea suppliers, but demand is demand and it all goes towards reducing world carry in stocks before the northern hemisphere gets into the new crop in July / August. Egypt picked up 1.27mt of mostly Russian wheat...

A mixed night on the world futures markets for grain and oilseeds. Wheat trended lower with losses at both Chicago and Paris. Milling wheat futures at Paris saw €3.75 / t (AUD$6.23) shaved off the nearby contract and €3.00 (AUD$4.98) off the May slot. London feed wheat was back...