The oilseeds are the only ray of light in the futures markets this morning. Chicago soybeans closed 6.25c/bu higher nearby and +8c/bu (AUD$4.67/t) in the Sept slot. The strength was across all the oilseeds. Paris rapeseed, Winnipeg canola and palm oil all closed higher. Palm oil impressively so, up...

There’s a lot of red on the screen for international grain futures this morning. Chicago corn, soft red winter wheat closed a smidge lower while the higher protein milling wheat grades were a smidge higher. London feed wheat, Paris milling wheat and Paris corn futures all closed lower. Paris...

Chicago wheat futures continue to push lower, technical trade for end of month, end of quarter reporting appears to be eliminating speculative longs in wheat and corn. Soybeans at Chicago closed either side of unchanged. Winnipeg canola continued the bounce, gaining C$5.70/t in the Jan 26 slot. Paris rapeseed...

There’s not a lot of green in international grain futures this morning. US wheat futures saw all three grades with double digit losses in USc/bu. Nearby soft red winter wheat at Chicago fell the spot rate equivalent of AUD$5.85 / tonne overnight, the slightly firmer AUD compounding the loss,...

International grain futures consolidated last night, US wheat futures were generally flat to a smidge higher while corn and soybeans pushed lower. The move in soybeans weighed on Winnipeg canola, not that Winnipeg canola doesn’t have enough to worry about at the moment. The Jan26 slot for Winnipeg canola...

In global grain futures Chicago corn and soybeans closed a smidge higher. Nearby corn was the better of the mix, moves there rolling across to better cash values FOB for sorghum out of the Gulf too. Sorghum values C&F China, although a little higher, did not follow the move...

The overnight trend in international wheat values is generally lower. French values kicked that trend, closing a couple of dollars higher, but weakness in US futures did roll across to lower cash values out of the Pacific Northwest. Cash values for hard red winter wheat out of the PNW...

Global grain futures markets were a little more subdued last night. Chicago SRWW handed back a little of the previous sessions gains while both spring wheat and hard red winter wheat appeared to consolidate at current values. Both nearby soybeans and corn edged lower but there was a bounce...

The weaker US dollar stimulated some buying interest in US ag futures overnight. There was also fundamental support generated by wild weather across parts of the US plains and Midwest over the weekend. Although isolated the potential for damage to fields and infrastructure is being calculated and compounded with...

There’s not a lot of green on the international futures boards this morning. The soybean complex was in the green, as was palm oil which was up AUD$8.17 / tonne in the April slot and AUD$13.14 / tonne in the May slot. Not a bad effort considering we are...