Chicago corn futures saw a little upside in overnight trade. Last week’s heat in the corn belt seems to have taken a little of the upside yield potential out of the crop but generally the crop remains in pretty good shape. Demand for US corn is expected to pick...

The weaker US dollar has probably got more to do with the higher close at Chicago than anything else this morning. Trump continues to push the thought that a global trade war is a good thing. Nervousness about tariffs on China, the EU and others have the punters wondering...

In the US wheat, corn and soybean futures were higher by the close. Better weekly export sales volume from the US was probably the key to the rally but poorer crops across a few of the major world wheat exporters continue to underline prices at present. With soybeans, as...

The stronger US dollar put pressure on Chicago grain futures overnight resulting in slight losses with markets closing either side of unchanged in a flat directionless session. Corn futures found support as some producers reveal proof that the hot, dry weather in some locations across the US corn belt...

Production issues across the major global wheat producers was said to be the key to increasing US futures values overnight. Wheat, corn and soybean futures at Chicago all closed in the black as did ICE canola futures and Paris rapeseed. The North Dakota Wheat Commission (ND Wheat) weekly crop...

Soybean and wheat futures at Chicago managed to improve in value after a series of lower closes over the last few weeks. Since the beginning of June corn futures in the US are back about AUD$26.50 / tonne. Offers for sorghum out of Texas are also back a little...

US futures saw weakness in the corn and soybeans pits while outer month wheat enjoyed some upside. The outlook for a smaller global crop helped wheat widen the spread over corn but in a strange twist we also see the HRW contract trading at a discount to SRW on...

Buy the rumour sell the fact, that’s what seems to be driving the US markets at present. US tariffs came into effect yesterday, potentially hurting US / China soybean sales, so what happened, well Chicago beans rallied 38c/bu (AUD$18.85). To make the move in US soybean futures even more...

Weather problems around the globe saw the US and European futures markets push wheat contracts higher overnight. Physical prices were not as keen to follow futures higher but there are signs creeping into the physical market confirming things are not as good as some punters might be trying to...

The US celebrated independence day overnight and on Friday they may well be celebrating China trade war day when the first of a number of tariffs are implemented on Chinese imports. The US soybean grower may well remember Friday as the day Donald Trump destroyed the US / China...