Winter wheat prices in the US were lower on both harvest pressure and the possible opening of the Strait of Hormuz ---- the opening could increase the supply and lower the price of fertilizers for the next crop. The trade  reports seem to feel that wheat acreage in next week’s report will be..................please click PDF to see more details

This week was a holiday week in the USA with Friday closed for Juneteenth Day which commemorates the final day of enslavement for African Americans in the USA as was ended finally in Texas on June 19, 1865. The Emancipation Proclamation was issued in the USA on January 01, 1863 but ...........please click PDF to see more details

Market situation for the week..........please click PDF to see more details

Quite a week this week --- whew. It wasn’t the week to be long anything.
·        US Corn prices dropped by about USD 11 m/t.
·        US Soybean prices dropped by almost USD 24 m/t...........please click PDF to see more details

US corn prices were about USD 6 m/t lower this week with US soybeans up by a couple of USD m/t --- soymeal prices were down by about USD 2 m/t. US winter wheat prices were down by USD 12 to 15 m/t depending on type while US spring wheat was lower by about USD 7 m/t.........please click PDF to see more details

With this being a holiday weekend in the USA grain/oilseed markets normally finish the week quietly as no one wants to do anything exciting before a 3-day weekend........please click PDF to see more details

An exciting week again this week as some WASDE numbers were a surprise and a lack of any positive news from the Trump visit to China shook the market............please click PDF to see more details

At the end of the week US corn prices were down by about USD 3 m/t with soybeans up by about USD 3 m/t and soymeal up by USD 2 m/t. US winter wheat was lower by about USD 7 m/t with spring wheat down by USD 8 m/t......please click PDF to see more details

USA corn prices moved higher by about USD 6 MT this week with soybeans rallying by USD 10 MT --- soymeal prices were only about USD 3 MT higher. US winter wheat moved up by about USD 10 MT with spring wheat up by about USD 5 or 6 MT.......please click PDF to see more details

USA corn prices were up by about USD 3 m/t this week with soybeans moving lower by USD 2 m/t – soymeal prices were down by USD 9 m/t. US winter wheat moved up by about USD 7 m/t with spring wheat up by about USD 5 m/t.......please click PDF to see more details