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

Monday, July 04 is a holiday in the USA for Independence Day, probably the most important holiday of the year for the US. Everything is closed and everybody is celebrating.
It was quite an interesting week for grain and oilseed prices this week. Corn and wheat prices.......please click PDF to see more details

Comments from experts at the end of the week tended to feel that lower prices this week were caused by concerns over China’s economic situation and the stronger US dollar.
One thing that lower wheat prices did accomplish was to get all the major government wheat buyer.......please click PDF to see more details

Monday is a holiday in the US, so grain markets and most companies will be closed.
This week we had US corn up by USD 4 or 5 m/t while soybeans dropped by almost USD 15 m/t and soymeal moved higher by USD 5 m/t.......please click PDF to see more details 

This week was USDA WASDE week and, as expected, there seemed to be no major surprises in this month’s report. The WASDE shows higher world stocks for corn and soybeans with lower stocks for wheat. Most of the corn ending stocks growth is in Ukraine due to the inability to export corn......please click PDF to see more details