Wheat futures in the USA were weaker on the back of a good weather outlook for winter wheat. Wet weather is hampering the spring wheat plant in the north of the US but it’s still early days. Speculation the Argentine wheat crop could be as big as 17.5mt was...

The US futures punters are not showing a lot of interest in the slow sowing pace for corn in the central corn belt. In the past we have seen new technology, machinery and varieties allow the US farmer to catch up very, very quickly and to worry about sowing...

An almost perfect weather outlook for the USA and good progress with both winter and summer crops are creating the perfect environment for further fund selling in US grain futures and that they done. Funds pushed hard red wheat futures to a two week low while soft wheat and...

US grain futures were flat to firmer overnight. The punters look likely to have used the dip in row crop values after the USDA report to get a few shorts covered thus rallying some values in the process, we’re not all about to get rich on the back of...

Initially corn and soybean future fell sharply on the back of big S.American crops in last night’s USDA report. After getting up off the floor both grains recovered and managed to settle close to unchanged for the session, corn down only half a cent and beans off two and...

Canadian sowing conditions are less than ideal in many locations. Heavy snow melt is creating water logged fields generally across the northern portions of the crop belt in central Canada. A quick look at the weather map also shows that rainfall across the same area is expected to be...

US markets are stagnating under the weight of fund liquidation of May contract longs and the continuation of good weather across most of the US major grain growing states. Next week’s WASDE report is expected to paint a slightly gloomy picture with ending stocks expected to rise for wheat,...

Rising estimates for the size of the S.American soybean crop continue to put pressure on the oilseed markets. Heavy rain in parts of Argentina early this week resulted in some localised flooding but better weather is expected to help the last of the Southern American bean crop come in...

The Black Sea states are a mixed bag at present with showers improving the outlook in Russia while short term drought is starting to hurt some crops in central Ukraine. Rainfall in south central Ukraine over the last 60 days has been as low as 50% of the average....

US grain futures were generally flat to softer in overnight trade. One of the few exceptions was Kansas wheat, the hard red wheat contract, the grade most similar to our H2 grade. The jump in price wasn’t spectacular only 2.75c/bu for HRW, or to you and me about $1.40...