This is a long holiday weekend in many countries in the world as Easter is being celebrated in Christian countries. Some countries are closed for both Friday and next Monday with a great deal of variation on which day is a holiday. This weekend we have Christian Easter, Jewish Passover and Muslim Ramadan all occurring at the same time.......please click PDF to see more details

While the USDA WASDE report this week was not too exciting, with most experts saying that it was a neutral report, prices for most everything moved higher due to continued concern over grain supply from the Black Sea.....please click PDF to see more details

Changes in the situation in the Ukraine continue to be the major factor on world grain prices this week. Russian attacks on Ukraine grain storage facilities has not helped calm the market.
Corn prices for old crop corn were lower by USD 4 to 7 m/t but new crop was.......please click PDF to see more details.

We ended this week again with everything moving higher – corn prices were up by almost USD 10 m/t, soybeans were up by about USD 15 m/t, soymeal was also up by close to USD 15 m/t. USA winter wheat was up by USD 17 m/t while US spring wheat was up by closer to USD 20 m/t. .........please click PDF to see more details

As was expected, we continued to have wide swings in prices all week but did finish the week with all prices down a little from last week. US corn prices were down by USD 6 to 8 m/t with US soybeans down by only about USD 3 m/t and soymeal prices just steady on the week. After racing miles higher recently, US wheat dropped back a little this week with soft winter wheat down by USD 10 to 13 m/t and hard winter down by USD 7 m/t or so......please click PDF to see more details

Another week of major price changes --- nearby wheat prices were up as much as USD 30 m/t but not as much after July. Corn prices were steady nearby but up by abut USD 15 m/t late in 2022. Soymeal prices were up between USD 20 and 30 m/t while soybeans were up by close to USD 15 m/t.....please click PDF to see more details

The situation in the Ukraine and concern over any supply from the Black Sea has pushed grain and oilseed prices much higher this week. Ukraine is not expected to be able to ship any further grain cargos while, even if Russia can ship, payment for Russian grain will probably be impossible.....please click PDF to see more details

Not too much sense in talking a great deal about the grain and oilseed markets this week, as we all know what is happening in the Ukraine and the effect that this will have on the world wheat, corn and barley business. With major ports in Ukraine closed and also most grain terminals there is little or nothing moving from the Ukraine. Russia’s exports seem to be as normal, but sanctions will probably cut into that very quickly.......please click to PDF to see more details

Grain and oilseed markets were a little calmer this week – perhaps due to the Russia/Ukraine situation looking a little easier. The US seems to be convinced that Russia will invade sometime soon but this may just be a bluff to try to get Russia to back off a little. Of course, we all remember the Crimea not too long ago and Sudetenland way back in 1938.....please click PDF to see more details

2022 so far has certainly been a period of higher and higher prices for grains, oilseeds and proteins and it doesn’t look like it will change in the near term. This week we had soybeans up by USD 10 m/t, soymeal at least USD 12 m/t higher, corn up by USD 11 m/t and even wheat was higher with winter wheat up by about USD 13 m/t and spring wheat even higher – up by USD 17 m/t.....please click PDF to see more details