Overnight wheat futures in the US fell away sharply. Come Monday we may see the move somewhat countered by a lower AUD here but the fall in the dollar will not be able to counter all of the fall in futures if the fall in futures is reflected dollar...

The US will allow the sale of E15, lower-carbon ethanol blend petrol, to be sold year round.  The move was touted as an attempt to help American households save some money on increasing fuel costs. E15 sells for about 40c/g less than the standard E10 fuel. The corn based...

Both Paris rapeseed and Winnipeg canola futures slipped overnight. Considering the overnight increase in the value of the AUD, the combination of both the fall in futures and the jump in currency could represent a fall of almost $25 in new crop canola values here today. The canola market,...

It’s harvest time in the US hard red winter wheat belt. Progress is a bit stop start due to rain. The dry weather throughout winter and spring has yields very variable. Reports show yields from as low as 1.00t/ha to as high as 4.00t/ha. Protein is coming in average,...

US soybean futures were the big loser overnight, shedding over 30c/bu across the board through to the Jan23 contract. Internally the US domestic cash market pre-empted the move, local basis there generally falling early in the day, this was a little regional specific though, those areas that are still...

Severe storms were not just isolated to Nebraska and Texas over the last week, central France also saw its fair share of storms. The south-central region of Vichy saw up to a months’ worth of rain over a four-hour period. The storm also included large hail stones that destroyed...

US markets were a bit of a yawn fest overnight, no big limit up or down moves, I mean seriously, how is a caffeinated fund manager expected to retire in Florida at 35 with poultry 5 or 10c/bu variations. Anyone would think there’s a USDA WASDE report due out...

Chicago corn and soybeans futures pushed higher, while winter wheat in the US, hard and soft, both pushed lower, following the recent trend lower. Across the border in Canada ICE canola futures were C$1.00 lower in the January 23 slot. New crop rapeseed at Paris was also lower shedding...

Stronger wheat futures at Chicago spilled into the day session. One of the lead stories being the attack on June 4th by Russian forces on an up river grain loading and storage facility at Mykolaiv. The port is located between the Black Sea ports of Kherson and Odessa. The...

FranceAgriMer continue to reduce the crop condition rating of winter and spring crops. Soft wheat rated good to excellent declined another 2% week on week to 67% G/E. This represents a reduction in the G/E rating of 20% since May. There was further talk of drought despite some decent...