Chicago soybeans clawed back a slice of what they gave up yesterday. The Brazilian Real bounced, it managed to take back around half of what it lost the previous day. This gave support to US soybean futures and when combined with a wetter than desired weather map for the...

I went to a meeting about how to use futures and options in grain marketing back in around 1999 or so. I remember one think that is ringing true about how a cash price is made, you’ve all heard it, futures + basis + currency. Well this guy through...

Durum values in central Saskatchewan are still firm for 1CWAD with ex farm average pricing from pdq coming in at C$260.85 / tonne for 13% protein around a C$22 premium over their spring wheat bid at 13.5% protein. That compares well to the $33 premium we are currently seeing...

A late rally in Chicago soybeans helped wheat and corn futures there off the lows and closed the session out relatively flat. The weaker US dollar helped values in the States but also saw punters heading to safer bets like gold and bonds. The US weather map is showing...

It’s all about cotton this morning, trading at limit up at one stage it took all the interest away from the grains which trended lower apart from soybeans which managed a very mediocre close higher. Cotton was sitting at the highest the New York contract has seen for a...

In the US soybean and wheat futures closed lower on the day and for the week, although corn was firmer on the night there was little to no movement in futures values week on week. Algeria were said to have picked up 470kt of wheat and 75kt of feed...

US futures markets seem happy with where wheat is currently priced. Corn and soybean futures were pushed lower on the back of a better weather outlook that saw sunny days ahead next week to finish planting before the next fall. Futures for May will close today so by Monday...

There was no spring  / durum wheat breakdown in last night’s WASDE report for US spring wheat. The simple maths does tell us that US spring wheat production including durum is expected to fall from a total of 17.366mt last year to around 15.61mt this year. The reduction in...

Further rainfall is expected to push across the US Midwest over the next few days. A few of the punters see this as negative for corn and soybeans as it may create some planting delays but generally speaking this early in the season it is simply adding more moisture...

US futures markets turned lower overnight. Funds returned to the market as net sellers after panicking early last week to cover shorts after the weekend snow storm in Kansas. No such luck last weekend though and the crop progress report shows the flooding associated with the storm as it...