Growers, agronomists and merchants have been heading out into the field to inspect the conditions of canola crops across NSW.
On an aggregated basis across major agricultural futures markets, non-commercials make up 38-39 per cent of total positions, or open trades, in the market.
World agricultural commodity markets look set for continued volatility as the trade truce between the US and China appears to be dead in the water.
We've had supply chains completely turned on their head on the east coast, and grain pricing and flowing in volumes we've rarely, if ever, seen before.
The warmth has taken heat out of the US corn market and with it, the heat that translated to higher wheat prices in June.
With no fresh news on China's appetite, barley exports remain out of the question for the time being.