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...

US wheat futures gave back all of Fridays gains overnight. A short week, good growing conditions in the US and an overall lack of desire on the part of the speculator to wave his wallet around while the US and China decide who has the smallest…. hands… is stifling...

According to the wires wheat in the US futures market found fundamental strength from weather problems in Australia, Russia, France and the Ukraine. Positioning ahead of the release of the USDA stocks and acreage report was also an active helper of a recovery in wheat futures. As the USDA...

If you need a lesson on convergence have a look at the nearby contract for ICE canola as it rolls off the board. The nearby number was smashed overnight but the fall doesn’t reflect the general market, or does it, that’s the problem with futures markets the buyers go...

Bargain hunters were considered a major reason why there was a slight “recovery” in US ag futures overnight. A quick look at the charts for the December SRW contract at Chicago shows a weaker open giving way to a better close. The stochastic is oversold and starting a recovery....

With futures continuing to fall early in the session corn was the only US grain futures contract to dig out a little bargain hunting by the close. Wheat and soybean futures at Chicago couldn’t recover and closed lower. Wheat has closed lower in 12 of the last 18 sessions...

The US grain futures markets were weaker in overnight trade, corn, soybeans and wheat all slipped. Soybeans continue to suffer from the ongoing trade problems between China and the USA and are dragging corn futures lower in the mean time. Good growing weather across much of the US corn...

There are a few market wires kicking around this morning suggesting Chinese wheat production could drop by as much as 20% this year. A combination of drought conditions across Shandong and Hubei and then rain at harvest across Henan and Anhui provinces has resulted in a sharp jump in...