Many year’s ago, when I was very young, our entire family stood out in a blizzard in Calgary, Alberta to catch a glimpse of Princess Elizabeth and Prince Philip on their first visit to Canada --- we cheered and waved as they drove by and they smiled and waved back. The date was October 19 1951 and in less than a year she was Queen Elizabeth.......please click PDF to see more details

Monday is a holiday in the USA so the grain/oilseed markets should start the week on the calm side.
Soybeans and soymeal had another tough week with prices moving up and down........please click PDF to see more details 

This was another up week for grains and oilseeds as USA markets were looking more at what was happening in the country rather than concentrating on Black Sea events.....please click PDF to see more details

Corn prices were down this week in the US by about USD 5 to 8 m/t with new crop soybean prices dropping by at least USD 15 m/t and soymeal also down by USD 15 m/t. US wheat prices for both winter and spring wheat were down by close to USD 20 m/t.....please click PDF to see more details.

This week’s USDA WASDE was not too much of a surprise to the grain markets although corn prices did move higher on forecasted lower yields. Experts feel that the WASDE report was bullish for corn in the long term --- as we can see in the futures market, new crop prices are pushing higher......please click PDF to see more details

This week was a week where prices were driven by what looks like an improved situation in the Black Sea which is bearish to very bullish weather concerns in the US.....please click PDF to see more details

It was quite an up week for all US grain and oilseed prices this week with soybeans leading the way with an increase of about USD 60 m/t for soybeans and soymeal up by more than USD 40 m/t. USA corn was up by USD 20 m/t while USA winter wheat moved higher by between USD 20 and 30 m/t. US spring wheat was up by about USD 15 m/t.....please click PDF to see more details

The biggest news this week was the signing of a 120-day agreement for the export of grain from both Ukraine and Russia Black Sea ports. Renewal beyond 120 days is possible if both Ukraine and Russia agree......please click PDF to see more details

This was quite an up and down week with USDA WASDE reports and stories of possible improvement in Ukraine grain exports. With a week of somewhat bullish WASDE, strong US dollar, hot and dry weather in the US and disappointing weekly exports, it seemed the market couldn’t be too sure on which way it wanted to go.......please click PDF to see more details

Next week is USDA WASDE week which may or may not shake up the markets. According to trade reports on Friday, most experts feel that the USDA report will be bullish. Expert also feel that from now on the USA weather will be the major factor affecting grain/oilseed prices although the strength in the US$ will also be a major factor to importers of US grains.....please click PDF to see more details