19 August 2019

The much awaited USDA WASDE and revisions to the maize planted area took markets by surprise.

12 August 2019

Global grain markets lacked clear direction last week in anticipation of today’s WASDE and much awaited update to the US planted area.

5 August 2019

US grain markets lost significant ground last week on the back of an improving weather outlook, significant strengthening of the US dollar and a worsening of the trade relationship between the US and China.

5 August 2019

Despite moving lower Friday-Friday, global grain markets were largely supported last week with cuts to global production grain supply and demand estimates.

1 August 2019

US benchmark grain futures (wheat and maize) fell last week, setting a bearish tone to markets. Managed money funds in Chicago wheat futures reduced their long positions, selling contracts.

27 July 2019

The US is forecast to be drier and hotter than normal leading to a more bullish, US centric, feel to markets in the short-term.

1 August 2019

Large global supplies and forecasts of good harvests are driving a marginally bearish feeling to the market at the moment. However, volatility from the maize market will drive daily movements.

1 August 2019

Chicago grain futures continued to fall week-on-week (21 June to 28 June). Maize dropped $8.66/t, on the back of the USDA acreage report released on Friday.