Grain/oilseed prices just seem to want to move higher every week and this week was no exception – US corn prices were up by USD 14 to 18 m/t, soybean prices up by about USD 20 m/t, soymeal up by USD 10 to 12 m/t. Even wheat prices couldn’t help but move higher with winter wheat up by USD 9 to 12 and spring wheat up by USD 8 m/t........please click PDF to see more details

So, how did the futures markets react this week: corn prices down by USD 12 to 14 m/t, soybean prices down by USD 38 to 40 m/t, soymeal down by USD 40 m/t, spring wheat down by about USD 11 m/t with winter wheat down by USD 15 for soft winter and USD 11 for hard winter. That is an impressively down week.......please click PDF to see more details

So, what do we have at the end of this week – USA corn prices are up by USD 5 or 6 m/t, soybeans are up by USD 22 to 25 m/t, soymeal is up by USD 11 to 14 m/t. Only US wheat prices were fairly quiet with winter wheat down by about USD 3 m/t and spring wheat up by USD 3 m/t. ......please click PDF to see more details 

It may have been a short work week this week but that didn’t stop USA prices from rallying quite strongly. Corn prices were up by about USD 12 m/t with soybeans up by at least USD 17 m/t, soymeal up by USD 14 to 18 m/t – even all types of wheat were up by about USD 5 m/t.......please click PDF to see more details

Another short work week this week – 4 days for most but only 3 days for some and next week will be about the same. This week’s report is shorter than normal as quite a few trade reports were not published this week and won’t be issued until January. It is a little difficult to get a good feeling for the market when no one is working.......please click PDF to see more details

Aha, this was really the week of the soybean/soymeal as South American weather pushes prices up to levels not seen for about 6 years. Soybeans were up by over USD 20 m/t with soymeal up between USD 22 and 28 m/t ---- that is one strong week for beans and meal.......please click PDF to see more details

Except for US wheat prices, the US grain and oilseed markets were a little quieter this week. USA winter wheat prices jumped by almost USD 15 m/t with spring wheat prices up by about USD 8 m/t. Corn and soybean prices for early 2021 were steady but soymeal prices did move about USD 5 m/t lower..........please click PDF to see more details

I guess that this week was a rally recovery week as everything moved lower – corn prices in the US dropped by USD 5 to 7 m/t, soybeans were down by at least USD 10 m/t and soymeal by USD 12 or so m/t. Even wheat prices moved lower with US winter wheat down by USD 8 to 11 m/t and spring wheat down by about USD 7 m/t. .........please click PDF to see more details

This was a very short work week in the US with some companies only working three days and those that did work tended to be on short staff. Most markets were quite thin as no one wanted to do anything before the holiday and are holding fire on any new business until next week when everyone is back to work.
Even with the short week and the reduced activity, grain/oilseed markets all moved a little higher on the week. Corn prices were up by about USD 3 m/t,......please click PDF to see more details 

The coming week is a short work week in the USA due to the US Thanksgiving holiday on Thursday which some companies will continue into Friday.
Looking back at this week, it was a up week for everything but wheat: corn was up by USD 3 or 4 m/t,.......please click PDF to see more details