Well, another very strong week for soybeans/soymeal with both moving about USD 30 m/t higher. The trade seems to expect that next week’s USDA WASDE report will show a major drop in South American soybean production and this is pushing prices higher...........please see PDF to see more details

This was another week for higher prices for most grains and oilseeds. Corn prices were up by about USD 8 m/t with soybeans up by about USD 20 m/t and soymeal also up by about USD 20 m/t. US wheat prices were up a little, a dollar or two, but nothing too exciting with wheat.......please click PDF to see more details

This was a short work week in the US with last Monday being a holiday. Wheat had a very strong week in the USA with prices moving higher by USD 15 to 20 m/t. Corn prices were up by about USD 7 m/t with soybeans up by at least USD 15 m/t. Soybean prices would have been even higher, but the bean prices slipped quite a bit as the week ended.

Monday is a holiday in the USA with all grain markets and most companies closed for the day.
This week was a down week for most everything as markets adjusted to all the USDA WASDE details and the world Covid situation. USA corn prices dropped by close to USD 5 m/t with US soybeans down by around USD 15 m/t and.......please click PDF to see more details

It was a very strong week this week for soybeans/soymeal with prices up by as much as USD 25 m/t for both. Corn too was higher but only by about USD 5 m/t. Wheat prices were lower for both US winter and spring wheat with Soft Red Winter down by about USD 5 m/t and Hard Red Winter down by close to USD 10 m/t. Spring wheat was down even more by at least USD 15 m/t.......please click PDF to see more details

So here we are on the first day of 2022 and the year ended with soybeans up by 41% in 2021, corn up by 52%, soymeal up by 38%, hard red winter wheat up by 65%, soft red winter wheat up by 38%. I don’t think that anyone in the trade is expecting that the same overall rate of price increase will be seen in 2022.......please click PDF to see more details

This week seemed to be a little quieter than usual – perhaps due to upcoming holidays. For some, next week will only be a three day work week for Christmas followed by another short week for New Year. It is expected that new business will slack off quiet a bit and that the futures market daily volumes will be lower.......please click PDF to see more details

This week was USDA WASDE week and it seemed to be much of a non-event – there were no real surprises in the report and the market just went on trading facts rather than projections.
For the week, we had weakness in USA winter wheat prices while US soymeal surged higher. USA corn and soybeans had a quiet week for a change..........please click PDF to see more details 

It was a week for much lower US wheat prices with prices dropping by USD 10 to 16 m/t depending on the wheat type and the specifications. Trade reports say that the lower prices for wheat were related mainly to the new wheat quota set by Russia for February to June. As was noted by the trade, wheat prices will still be long-term bullish, but Russia’s action may just create a little short term over supply and weaker prices. Of course, we may just see wheat prices rally right back up come Monday......please click PDF to see more details

With this week being a short working week in the USA – many businesses were closed on Thursday and Friday for Thanksgiving holiday – the activity in the grain/oilseed markets was not at normal volume levels. However, even with days off there was still some activity in the markets........please click PDF to see more details