The changes in direction by Russia over the grain export corridor was the major factor in the wheat business this week --- certainly caused a great spread in prices with ups and downs and more ups coming every day. Wheat finished the week higher on Black Sea concerns.....please click PDF to see more details

Except for soymeal, grain prices were lower this week in the US --- corn prices were unchanged to a little lower while soybeans dropped by USD 3 or 4 m/t while soymeal moved higher by USD 5 to 7 m/t. All US wheat prices were lower by close to USD 8 m/t. ........please click PDF to see more details

Looking at the numbers, it seemed to be a quiet week this week. Corn prices were a couple of dollars lower while soybeans were able to move USD 4 m/t higher with soymeal up by USD 4 to 6 m/t. Even wheat prices were reasonably quiet with US spring wheat up by about USD 3 m/t and winter wheat down by zero to USD 3 m/t depending on the type – hard or soft......please click PDF to see more details.

Corn, soybeans and soymeal all moved higher this week while US wheat prices moved lower. Corn and soybeans did move lower on Friday but were still higher on the week while the big drop in wheat prices on Friday wiped out price gains in wheat earlier in the week......please click PDF to see more details