12/11/24 Prices

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The Canadians had a day off for Remembrance Day. US markets, cash and futures, were generally lower. Cash wheat out of the Pacific Northwest declined up to AUD$8.60 per tonne for HRWW December. Club white wheat out of the PNW was lower by less than a dollar. The AUD...
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11/11/24 Prices

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The USDA World Ag Supply and Demand Estimates report was out last night. This month WASDE is a bit of a fizzer for wheat. Not bearish but not really that bullish either. A closer look at wheat shows US ending stocks were increased a smidge, just 80kt. World ending...
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8/11/24 Prices

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Rapeseed and canola futures bucked the trend lower in wheat last night. US soybeans had a good close, up 21c/bu (AUD$11.57/t) on the nearby contract at Chicago. This gave both Paris rapeseed futures and Winnipeg canola a nice injection, keeping up the momentum from the previous session. Good weekly...
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7/11/24 Prices

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Trump appears to have had a convincing win in the US election. What that means for the world grain markets is about as clear as a Harris / Biden / Trump live speech. There’s been a lot of rhetoric regarding tariffs on imports, which is likely to result in...
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6/11/24 Prices

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In the US the winner of the National Wheat Yield Competition was announced. A Warden county Washington crop yielded 223.08bu per acre. To those of us living with electricity and using a remotely viable numerical system this equates to 15.00 tonnes per ha, 6.07 tonnes per acre, 72.84 bags...
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5/11/24 Prices

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I had to turn off Twitter yesterday, nothing more than punters shilling the US election, not a lot of anything worth looking at on that platform, or any main stream media platform of late. It seems any narrative can be bought these days. Not that the grain game is...
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4/11/24 Prices

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US futures were generally flat to lower, corn at Chicago closed a little higher, soybeans lower, and all three wheat grades shed some value. SRWW at Chicago shed about AUD$1.40 / tonne, the weaker AUD countering that by roughly AUD$0.92 / tonne. Paris milling wheat was lower, back €1.00...
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1/11/24 Prices

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H5N1 bird flu was detected in a pig on a small mixed farmlet in Oregon USA where both pigs and poultry were in a mixed environment. This is the first recorded cross over of the H5N1 bird flu virus from birds to pigs in the US and has attracted...
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31/10/24 Prices

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US wheat futures were firmer, not as positive as the previous session but heading the right way, fueled somewhat by good weekly sales and loading’s. Paris milling wheat futures were lower, the Dec slot shedding €0.50 / tonne. Chicago soybean futures were stronger, lending support to Paris rapeseed futures...
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30/9/24 Prices

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Generally international grain futures reversed the downward trend from the previous session. Both US wheat futures and Paris milling wheat closed higher, Paris up €2.75 / tonne in the Dec and March slots. Winnipeg canola and Paris rapeseed broke away from a weaker US soybean market, both exchanges closing...
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