With the US now off daylight saving time and Australia is on it, the time difference has shrunk. Being so far apart one might think this has little impact on price analysis, but I start to prepare this report at 6.30am. This is fine to get closing futures data,...

US grain and oilseed futures continued to push lower last night. All three wheat grades, corn and soybeans all closing in the red. Paris milling wheat futures saw a €1.25 / tonne jump in the December contract but outer month contracts were all in the red. Weakness in soybeans...

US and Paris wheat futures suffered another night of loses. Paris milling wheat shed €4.75 (AUD$7.73) nearby and €3.00 (AUD$4.88) in the March slot. US soft red winter wheat futures were back 11.25c/bu (AUD$6.36) in the December slot. Both HRWW and spring wheat futures fared better, HRWW at Chicago...

Good weekly US wheat export inspections data was overlooked as both futures and cash prices fell away. FOB values out of the US Pacific Northwest were lower day to day in AUD / tonne. The weaker AUD helping to counter some of the move lower but not all. Hard...

The Canadians had a day off for Remembrance Day. US markets, cash and futures, were generally lower. Cash wheat out of the Pacific Northwest declined up to AUD$8.60 per tonne for HRWW December. Club white wheat out of the PNW was lower by less than a dollar. The AUD...

The USDA World Ag Supply and Demand Estimates report was out last night. This month WASDE is a bit of a fizzer for wheat. Not bearish but not really that bullish either. A closer look at wheat shows US ending stocks were increased a smidge, just 80kt. World ending...

Rapeseed and canola futures bucked the trend lower in wheat last night. US soybeans had a good close, up 21c/bu (AUD$11.57/t) on the nearby contract at Chicago. This gave both Paris rapeseed futures and Winnipeg canola a nice injection, keeping up the momentum from the previous session. Good weekly...

Trump appears to have had a convincing win in the US election. What that means for the world grain markets is about as clear as a Harris / Biden / Trump live speech. There’s been a lot of rhetoric regarding tariffs on imports, which is likely to result in...

In the US the winner of the National Wheat Yield Competition was announced. A Warden county Washington crop yielded 223.08bu per acre. To those of us living with electricity and using a remotely viable numerical system this equates to 15.00 tonnes per ha, 6.07 tonnes per acre, 72.84 bags...

I had to turn off Twitter yesterday, nothing more than punters shilling the US election, not a lot of anything worth looking at on that platform, or any main stream media platform of late. It seems any narrative can be bought these days. Not that the grain game is...