Aha, WASDE week, as expected, a report full of surprises. All grain and oilseed prices moved lower on the results of the WASDE. World ending stocks for corn, wheat and soybeans were higher while world corn production was seen as 13.7% higher with world stocks up by 10.0%. World wheat stocks are up by 1.8% while world soybean stocks were only up 0.4%......please click PDF to see more details

It was a down week for prices for everything this week. Soybeans were down by about USD 15 m/t with soymeal down by USD 17 m/t. US corn prices dipped by about USD 5 m/t while all US wheat was down by USD 5 or 6 m/t.....please click PDF to see more details
 

Corn had a quiet week for prices this week and ended up unchanged on the week. Soybeans were up a little, perhaps USD 2 to 4 m/t. Hard Red Winter wheat (HRW) dropped by about USD 7 m/t while other types of US wheat were pretty much unchanged........please click PDF to see more details

This week we had the Thanksgiving holiday in the USA on Thursday, but many companies also took Friday off which resulted in quite a slow week for the grain business.......please click PDF to see more details

Other than the drop in wheat prices this week it looked much like a quiet week.
The weakness in wheat prices is related to forecasted high supplies of wheat in most exporting countries --- all forecasters are suggesting very high world wheat stock ....please click PDF to see more details.

As usual, soybeans and soymeal moved higher again this week while both corn and wheat finished the week with mainly unchanged prices. Friday was a strong day for futures prices......please click PDF to see more details