International futures markets are mostly higher this morning. Chicago SRWW and HRWW futures saw double digit gains. Minneapolis spring wheat was a little more subdued, but did see some good gains in nearby values. Chicago soybean futures were sharply higher, gaining 32.75c/bu (AUD$18.55/t) in the January slot, lending support...

While the US and China were in the middle of a trade war, and US soybeans were off the Chinese menu. S.America took the reigns, exporting roughly 9.48mt of soybeans to China in October, a new monthly record, 17.2% more than Oct 2024, a year earlier. Since then the...

Some days you wonder if Stephen King, or Stephen Spielberg for that matter, is in charge of writing the script for the US futures market. Seriously, this stuff is hard to make up, and feels like it should be in a fiction section in an obscure library somewhere. Chicago...

International grain markets were relatively quiet overnight leaving the AUD as a major influence this morning. With the dollar improving by 0.34% against the US dollar, and against many of the regions trading partners, we see some losses in the day to day conversion for most grains. Delhi chickpeas...

Rumours that China are also in for some US wheat kept the bulls fed on Monday. China is expected to buy their average volume of US soybeans but are now also expected to pick up some US wheat along the way. There’s unconfirmed talk that China is about to...

International wheat values are generally higher this morning. Cash values out of the US Pacific Northwest saw good gains in HRWW, the day to day conversion comparison increasing by roughly AUD$6.44/t. Spring wheat values were also firmer, not by as much as HRWW though. Canadian spring wheat out of...

Watching the US soybean futures market was interesting yesterday. Trump finally met with Xi and exclaimed the meeting was great, the best meeting ever, rating it a 12 out of 10. Soybean futures plummeted 24c/bu before eventually recovering late in the session and making modest gains. The trading range...

Canola out of the US / Canadian Pacific Northwest showed good gains overnight. The day to day conversion comparison indicated gains in excess of AUD$15.00 / tonne. The FOB gains were not backed up with higher values across SE Saskatchewan where canola for a December lift only improved by...

Reuters reports that late monsoon rain has damaged summer crops in India. Western Maharashtra has seen fields of rice, soybeans and cotton written off by the late season deluge and associated flooding. Some yields are being slashed by as much as 80% in some locations, and then there is...

The AUD is often viewed in the currency trading world as a liquid proxy for the Chinese Yuan. Hence when the press tell the world that the talks between the US and Chinese preventatives over the weekend went well, then that must be good the Yuan, bam, they buy...