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I am going to do my best to be polite but the @euronext #wheat futures is currently broken in terms of a functional hedging tool.

The irrational and excessive collapse in spreads (carries exceeding the rational cost of storing goods from one position to another) is putting…

We had another succesful Fryers Reports Geneva grain traders lunch today. Great company, great weather and great conversation.

Thanks to all who came and already looking forward to our next lunch in December.

It’s amazing what nature can gift you when give it a chance and leave the strimmer and mower in the shed.

Rain makes grain, but in France, heat makes #wheat.