Market Comment
The answer is blowin’ in the wind
It has been a bumpy week in the wheat market. The events driving the choppy price action have been somewhat conflicting, typical of a confused
Nick Booth
November 1, 2024
It has been a bumpy week in the wheat market. The events driving the choppy price action have been somewhat conflicting, typical of a confused
The grain harvest is underway and will move south at pace over the next ten to twelve weeks. Here we look at how the harvest
The wheat market is trying to balance the news coming out of Russia. On one hand, SovEcon has released its outlook for the Russian 2025
While soybeans have been a drag on oilseeds in general this year, with a very strong crop expected in the US, canola seems to be
Having teased us with a brief rally, the market has fallen back to its old playbook – sell the forward months and clip the ticket
The wheat market has been trading at the lower end of the three-year scale for some time now. While it has been showing signs of
You can’t turn on the TV without seeing the latest developments in conflicts in the Middle East. The latest threat to Iranian oil production has
Are we are witnessing a full blown fundamental rally, or a technical repositioning of short positions? The answer could be both, as one will lead
Last week we received a query about the impact of dry conditions in southern cropping zones and the recent frost in the Riverina on the
Are there signs of life in the wheat market? Wheat has struggled for direction in the past few months namely because of Northern Hemisphere harvest
With little in the way of futures markets, barley is often the poor cousin when it comes to grain and oilseed market commentary. While barley
The wheat market has struggled for direction this week. Some technical selling emerged to start the week, erasing the previous weeks gain. Since then, wheat
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