The GFS weather map shows a few showers passing over the US corn belt over the next week. This was the catalyst for a spat of end of week profit taking in US futures markets overnight. Wheat, corn, soybean and canola futures all closed lower. The weather model shows...

Heat is back in the forecast for the US which saw grain futures values firmer across the board in overnight trade. Corn is entering a crucial phase of development and heat is the last thing it needs at flowering. Kansas is expected to see temperatures into the high 30s...

Predictions of a heat wave across the lower west corn belt in the USA this weekend supported row crop values while winter and spring wheat futures were slightly lower they do appear to be consolidating around these values in the short term. With US spring wheat harvest a week...

The Aussie dollar is not working with us at the moment and according to some commentators we may well see it go much higher yet. Over the last couple of days the rise of the AUD had been contributed to a weaker USD, not much we can do about...

The divide in the US cropping states is widening. The latest weather map picks some better weather for corn and soybeans while the hot, dry weather is expected to persist across the northern plains and SW Saskatchewan. As a result corn and bean futures at Chicago drifted lower dragging...

Take two days off and what happens…..where do I start. Winter wheat futures in the US were smashed on Wednesday and Thursday  shedding roughly AUD$20 in two sessions. After a rally on Friday US spring wheat futures will end up closing the last three days of the week out...

The US midterm weather map showed sustained hot, dry weather across key growing regions of the Midwest last night. The funds jumped on this and pushed wheat, corn and soybeans futures higher across the board. Some of the pictures of the spring wheat districts of N.Dakota hitting social media...

Talk of some farmers bailing wheat in NW N.Dakota is preventing the wheat market in the US from correcting the percentage it probably needs to in order to be competitive on the world market again. There are a few S&D tables getting around that show the world stocks situation...

Well what goes up must come down and that was certainly the case in US wheat futures last night. The reason, well you could question that reality took hold but that is seldom the case in futures trading. One market wire is implying that is the case though, well...

It was a mixed session in US grain futures overnight. Spring wheat once again saw the bulk of the volatility with an early rally / fall in values countered by a late session rally. At one point MGEX spring wheat futures were 52.5c/bu higher before profit taking kicked into...