USA wheat prices were strong this week with winter wheat up by USD 8 to 10 m/t and spring wheat up by even more at about USD 15 m/t higher. Corn prices were up by about USD 5 m/t and soymeal was up by USD 10 or 11 m/t, but soybeans didn’t change at all on the week........please click PDF to see more details

Soybeans seemed to be the weakest item in the grain/oilseed markets this week – down by about USD 10 m/t until Friday when things moved up a little and the week finished with soybean down by about USD 8 m/t. The late in the week rally is tied to the soybean sales to China and expectation of much more to come.......please click PDF to see more details

Next week is the week for the USDA-WASDE report – always an exciting time. Some reports on Friday seemed to feel that next week’s report will be bullish and that we could see a rally in corn prices, but no one seemed to be too sure about soybean and wheat prices.......please click PDF to see more details

It was a mixed week for prices as US corn moved higher by about USD 5 m/t while soybeans dropped by as much as USD 15 m/t and soymeal by USD 13. USA winter wheat was up by close to USD 15 m/t with spring wheat up by about USD 5 m/t.....please click PDF to see more details

Harvest weather in the USA looks good for the next little while which should get the farmers really cranking out the crop. The markets ended the week a little lower as harvest pressure tried to push prices down.
Cash prices in the USA for corn were a bit up and down with some areas seeing lower cash l.....please click PDF to see more details

The USDA WASDE report was a bit of a non-even this week as grain/oilseed markets are still trying to deal with the aftermath of the “Ida” situation. It is reported that while some NOLA facilities are up and operating, none of them are at full capacity and there are still a couple of elevators that are flooded and not operating at all......please click PDF to see more details

Markets in the US are closed on Monday for the Labor Day holiday.
Hurricane IDA did a good job of messing things up in the US Gulf and to a degree on the US East Coast. ......please click PDF to see more details

So, how did the week end – corn finished up by about USD 6 m/t, new crop soybeans up by USD 12 m/t, soymeal steady on the week. US winter wheat was up by USD 2 to 5 m/t as the harvest came to an end while spring wheat rallied by about USD 6 m/t.  .......please click PDF to see more details.

How is that for an exciting week in the US grain business – scary times for speculators in the grain futures business. Corn prices dropped by about USD 14 m/t, soybeans down by more than USD 25 m/t, soymeal not too bad as only down by USD 5 m/t, winter wheat down by at least USD 15 m/t and US spring wheat down by about USD 10 m/t.......please click PDF to see more details

As usual, the big news this week was the USDA WASDE report results. We ended the week with corn prices up by about USD 6 m/t, soybeans higher by USD 10 m/t, winter wheat up by about USD 15 m/t and spring wheat up by USD 10 m/t. Only soymeal finished with a steady price level on the week.......please click PDF to see more details