The bargain hunters came out from under their rocks to buy cheap US grain futures overnight. Wheat, corn and soybean futures at Chicago pushed higher against flat to weaker fundamentals. The China deal with the US continues to be a major concern and the weather in the US is...

The US session was never going anywhere thanks to poor export data and a pretty benign weather map and then they had to contend with the “Trump effect”. Talk that the US plan to impose an additional 10% of tariffs on China smashed the last bullish bet out of...

Trump continues to play the victim in trade negotiations with China. US producer support for the trade dispute is falling rapidly in many locations that rely on soybeans. Domestic support programs are viewed as short term and become nothing more than subsidies in the long term further distorting global...

In the US local cash markets generally did not follow futures higher with weaker basis registered for corn and soybeans. Wheat futures found support from thoughts that production in both the EU and Russia may still be a little over stated. This moved against the latest IKAR prediction for...

US markets were struggling to find further bullish news leading into the weekend thus took the path of least resistance and sold off with wheat and corn closing marginally lower by the end of the session. The weaker AUD should counter any losses seen in the US markets. The...

It’s been pretty hot across much of France again over the last couple of days, with temperatures pushing up to 40C across the central districts and towards the NW. Germany has also see pockets of 38C towards the east. Paris milling wheat futures moved a little higher while London...

Technical traders at Chicago jumped on the lower Russian wheat forecast by SovEcon to clear some of the sold slots. The Russian wheat estimate was reduced to 73.7mt. This is a tad lower than the official Russian estimate of 75mt and also a little lower than the current USDA...

US wheat futures found limited support from news on further subsidies to help combat the impact of the trade war with China. Technical buying was also a feature in wheat and corn while the soybean market was sold lower. In France the combination of Co-Ops InVivo, Axereal and NatUp,...

US temperatures will be ideal for crop progress across the eastern and central corn belt while the western corn belt will continue to see relatively warm to hot conditions for the week ahead. The higher temps across the HRW belt should allow harvest to wind up quickly. In the...

Week on week we see US corn and wheat futures lower. Corn rallied last night to regain some of the lost ground but a week on week comparison shows a loss 23.5c/bu (AUD$13.13) in the December 19 contract. Soft red wheat futures at Chicago saw a decline of AUD$11.20...