Ah the USDA WASDE Report – most of the comments from the trade say that this month’s report was a nothing report or at least it certainly wasn’t a bullish report as had been expected by some in the trade. US corn ending stocks are higher per WASDE due to lower exports...........please click PDF to see more details

Corn prices were lower this week – down by about USD 5 m/t. An improvement in Brazil weather is said to have been one of the main factors along with the weakness seen in wheat prices. Some of the trade reports at the end of the week were saying that corn prices should be moving higher not lower and that the current slump could be short lived. Corn export prices were feeling the effect of the continued problems in the Ohio and Mississippi rivers which had pushed CIF Nola prices higher. Hopefully the river system problem will be solved in a week or two........please click PDF to see more details

It was just a 4 day week in the US grain business this week and there wasn’t a huge amount of market price excitement --- corn, soybeans and soymeal were all about unchanged on the week but winter wheat prices did show some action – down by USD 6 to 8 on the week.................please click PDF to see more details.

Live pig cuts nearly 20% of breeding from a year earlier based on….