Wheat in the crossfire
Last week’s USDA Agricultural Outlook Forecast (AOF) certainly tipped cold water on agricultural markets. While the production figures printed are little more than a best
Last week’s USDA Agricultural Outlook Forecast (AOF) certainly tipped cold water on agricultural markets. While the production figures printed are little more than a best
Chicago wheat markets and grain sellers alike had a very ordinary Friday. Locally, prices quoted reflected the fall in the United States, but the basis
An absence of fresh bullish news, coupled with a bearish outlook for US crop area and production for 2023, has seen pressure mount on agricultural
Agriculture seems to have come to a point where the price of products produced is historically high, but now input prices have made even stronger
We saw a nice little bump in wheat futures to start this week. It is presumed that the expectation of a Russian spring offensive into
It’s that time of year when the new crop hedging window is well and truly open. The lead-up to spring is when northern hemisphere crops
I suspect the market was looking for something more from this week’s WASDE report as we got a report well within trade expectations and lacking
Grain and canola markets have found some post-harvest strength in the past couple of weeks. Support has come from both international markets and a stronger
It might not be much, but the recent moves in wheat have broken a month-long downtrend. The “bearish” news has run its course and the
Wheat prices have been falling since the start of the year. With a bumper crop in Australia destined for export markets, there is little support
Global grain markets have been attempting to stabilise this week after a month of being sold off. Wheat was entering an ‘oversold’ position and was
If you are on Twitter you will have seen many a post declaring the end of the extended harvest this summer. NSW has basically finished
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