Chicago corn futures basically ignored news of two flash sales during the day. Around 227kt of corn was booked, having little impact on futures values. The trade appeared happy to stand back and wait for the USDA weekly sales report data for last week, due out tomorrow. Chicago SRWW...

International futures markets for grains were generally lower. MGEX spring wheat was one of the few grains that bucked the trend, closing higher by a very small margin. Hard red winter wheat was the weakest of the wheat contracts. This rolled across to slightly lower values out of the...

The USDA US weekly crop progress report was out after the close last night. 3% of the US corn crop is rated as mature now, with 72% of the corn crop in the dough stage. The crop condition rating for corn slipped from 52/20 – 72% G/E last week...

The dollar was a smidge higher this morning, only +0.17%, not enough to take a significant amount away from international cash or futures conversions. Generally grain prices around the world were flat to lower for cash and flat to firmer for futures. Premium wheat moved lower out of Canada...

The weaker AUD is countering most of the negativity in world cash and futures markets for grains last night. The AUD is weaker against the US dollar. The odds appear to be back on for a rate hike in the USA as tariffs increase the cost of goods, thus...

The international market, mainly the US market, is still digesting the vast meal that was the August USDA WASDE report. Some may have suffered indigestion from this report others may still be in the loo, given size of the meal. A market mover it was, but are these moves...

Interesting to see a 23c/bu jump in Chicago January 2026 soybean futures last night. It has lent a hand to both canola and rapeseed futures this morning. Corn appeared to have been dragged along for the ride, closing a smidge higher while wheat at Chicago and Minneapolis closed either...

Mostly technical trade in US futures as the punters position themselves ahead of next weeks USDA report. Chicago wheat futures followed both corn and soybean futures lower while Minneapolis spring wheat futures defied the Chicago market, closing a couple of cent a bushel in the green. Paris milling wheat...

There’s a USDA World Ag Supply and Demand Estimates (WASDE) report due out next Tuesday US time. There are a few trade estimates around prior to the release. Currently the trend seems to be expecting increased corn and soybean yields and production over last months estimates. US corn production...

US wheat futures were hammered again on Tuesday. Technical sellers gained traction and the slippery slope got wetter. HRWW futures were the hardest hit, shedding 12.25c/bu (AUD$6.95/t). The fall in futures was reflected at the port. Values out of the Pacific Northwest for HRWW were also lower, shedding AUD$7.20...