It seemed like a quieter week for grain/oilseed prices this week, especially in the futures market where all looked quite calm – except perhaps for US winter wheat which continued to drop lower in price.
Corn prices slipped by about USD 3 m/t on the week for both cash and futures and soybeans did about the same followed by soymeal that dropped a tad. Soft Red Winter wheat was down by USD 9  to 10 m/t with Hard Red Winter wheat lower by USD 10 to 11 m/t. Even spring wheat was down by a couple of dollars but this may just have been in sympathy with winter wheat..............please click PDF to see more details