A good rally in US soybean futures kept corn and wheat in the black in overnight trade. On a risk off kind of US market the main money flowed back into things like oil and out of gold and bonds. Speculation rolled into ag products as well with most...

Some upside in US wheat futures last night limited week on week losses to roughly $8 / tonne, halving the potential loss it could have been. Squaring up prior to the expiry of the December contract, dryer weather forecast for the US HRW belt and good weekly US export...

US futures markets drifted lower in overnight trade. Corn and beans were softer on the back of lower than expected weekly export numbers while wheat was mixed, Chicago and hard red wheat futures slipped while Minneapolis spring wheat futures, the wheat most similar to our Prime Hard, managed to...

The Aussie dollar was sharply lower against all the majors bar the Yen in overnight trade. With the US dollar at a 14 year high it might be the only thing that will save grain prices in the short term. With improving job numbers in the States and a...

The warmer weather in Canada has helped some producers complete harvest while it has hurt others as they can no longer get onto their country until the ground freezes up enough to take machinery. There are a couple of reports due out of Canada this week which should reveal...

I just noticed my daily prices email I sent out yesterday came in at 1.33am to me. Seriously Telstra !!!!…….next thing they will be trading pulses. I sent that out around 3.30 – 4pm yesterday afternoon. The weaker US dollar is not helping our cause at the moment. With...

US futures were a little mixed with a short week and Dec options expiring. The tone from both the technical and fundamental side of the market was not bullish for wheat and corn. Soybeans did manage a higher close at Chicago although Paris rapeseed was off a couple of...

Soybeans lead the market higher in the USA last night. With beans up 26.5c/bu ($13.20/t) it rolled through the oilseed market and pulled canola futures higher. Nearby ICE canola was up C$6.70 by the close. In Paris rapeseed futures also closed higher, gaining €2.25 / ($3.24) tonne. Good weekly...

The US dollar continues to rise against the other major currencies on prospects of a US rate rise in December. The Aussie dollar continues to fall against the other major currencies and is now back under 74c, in fact it’s closer to 73c this morning. Combining a stronger close...