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March 25, 2019

Markets trade largely sideways, though US weather developments supportive.

  • EU soft wheat exports to non-EU destinations down only 11% y/o/y now after better sales over the last 2 months.

  • US funds estimated net short -283k (corn), -62k (soybeans), -130k (wheat)....

March 12, 2019

Slide continues as USDA’s latest report provides little supportive to alter current sentiment. USDA headlines

  • US wheat export estimates reduced by 960tmt to 26.26mmt. Due to increases in imports and reductions in consumption, ending stocks were placed at 28.72mmt, o...

March 4, 2019

Sharp sell-off this week lead by US markets, as a lack of constructive news re. the US/China trade deal, helps spark liquidating trade.

  • Ensus announce intention to resume ethanol production in March, boosting London Futures. Though it appears this will be at reduced...

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