US wheat futures continue to fumble around in the dark as the December contract rolls off the board. Dec HRWW futures at Chicago saw a decline of 16.75c/bu last night on a volume of 40 contract, talk about caught, someone fell asleep at wheel. The March contract for HRWW...

The Aussie dollar is just 0.08% higher this morning, little change from this time yesterday. Looking at milling wheat values around the world and converting origin port values to Asian consumer C&F equivalent values, and then converting those values back to an equivalent price here on the plains is...

Delhi mandi chickpea values are at the Minimum Support Price this morning, closing the day trade at 5650Rs/Q. I’m interpreting this as not great news. Historically if the Indian market manages to trade below MSP it is seen as a time that the Indian government may need to step...

International milling wheat values continue to slip away as supply becomes larger. The Platts Milling Wheat Marker has fallen to it’s lowest level since mid September on the back of increased volume, and lower FOB values from the Black Sea. The marker is determined by the lowest offers of...

Negativity in wheat came from the StatsCanada report. Although this data was generally already factored into the market, the confirmation of data is never seen as bullish, unless you are a fund manager with a sell the rumour / buy the fact mentality. Which is becoming more common than...

Paris rapeseed values closed lower overnight. The Feb and May 2026 slots shed €4.75 / tonne. Winnipeg saw double digit losses, falling CAD$15.60 / tonne in the January slot, and finding no support across outer months, the Jan 2027 contract also falling CAD$11.40 / tonne. Weakness in both Chicago...

Cash values out of the Black Sea were a little lower overnight. Russian milling wheat was valued at US$227.25 FOB, still more expensive that Ukraine milling wheat but back a little from yesterdays conversion. The move in Russian values opposed the move higher for both French and US milling...

International wheat values, cash and futures, saw little change overnight. Spring wheat out of the US Pacific Northwest was a little firmer. The day to day conversion comparison for DNS spring wheat was up roughly AUD$3.90 per tonne, while other grades were generally flat to a touch softer. Cash...

US grain futures were mixed, corn and soybean futures at Chicago found a little upside while wheat was generally lower by less the AUD$1.50/t. Paris milling wheat was back across all months, December slipping €1.75 / tonne, and March back €2.75 / tonne. London feed wheat was also lower,...

US weekly sales data is reported online as of Oct 2nd. Looking at sorghum firstly we see net sales of 170.2kt and outstanding sales of 578kt, which is actually up from the 424.8kt outstanding sales volume for the same date last year. The big difference is the accumulated sales...