This was another week of most everything being higher in price --- only US wheat moved a little lower. Soybeans again were the strongest in the market with prices up by about USD 16 m/t while soymeal moved anywhere from USD 6 to 12 m/t higher. Corn prices didn’t really do anything too exciting this week and were only up by a maximum of about USD 3 m/t. Wheat prices were a little lower with prices down between USD 1 and 3 m/t........please click PDF to see more details

The drop that we saw in grain prices last week ended up being just a one week price correction as the march to higher prices continue this week. Soybeans were the strongest item this week moving up by about USD 16 m/t with soymeal up by as much as USD 15 for early 2021 positions. Corn prices only moved up by USD 4 or 5 m/t with most US wheat prices moving up by close to USD 5 m/t......please click PDF to see more details

Today is day 2 of the new November COVID-19 “lockdown” in France. Most everything except for supermarkets, pharmacies are garages closed. Schools remain open since COVID rates among children are very low and people are allowed to travel to work. There are very strict limits on who can be out and about and rules are being strictly enforced. Hopefully, this drastic action will have a positive effect in reducing the current peak in COVID-19 infections........please click PDF to see more details

As has been the recent pattern, grain and oilseed prices moved higher again this week. Corn was up by abut USD 7 m/t, soybeans up by close to USD 12 m/t, soymeal up by about USD 18 m/t, winter wheat was up by about USD 4 m/t and spring wheat jumped by USD 6 m/t.........please click PDF to see more details

COVID-19 certainly seems to be on the rampage again. Here in Europe we have seen some countries experience a doubling of new cases in a week and almost every country has new case levels higher than seen in the peak last spring. We have not seen a great deal of effect on the grain/protein business,.......please click PDF to see more details

Well, the USDA WASDE report tended to get markets moving this week. Compared to the last report we had corn production down by about 1% but ending stocks down by 14%. Soybeans too had a small 1% drop in production but ending stocks were down by 37% -- a serious shock to the market. Total wheat production was almost unchanged from previous with wheat ending stocks down by 4.5%.......please click PDF to see more details

Another good rally in grain/oilseed prices this week with everything moving higher. Corn prices were up by USD 5 to 7 m/t, soybeans up by USD 7 or 8 m/t, soymeal up by USD 14 m/t and winter wheat up by USD 10 to 13 m/t. Only US spring wheat seemed to be able to get by with a small rally – only being up by about USD 1 m/t......please click PDF to see more details

Interesting to note that, after a week of much lower commodity prices, there are a number of very bullish expert projections in trade reports late on Friday. Nothing like a good bullish expert to help slow the slide in commodity prices.
Looking at the week, corn prices were down by about USD 6 m/t while soybeans........please click PDF to see more details 

A strong move higher at the end of the week resulted in most everything being higher.
Soybeans and soymeal were the biggest movers with soybeans up by USD 18 to 20 m/t and soymeal up by close to USD 20 m/t. Corn was not quite as strong but still was able to move up by about USD 5 m/t.........please click PDF to see more details 

Here we are with USDA WASDE week and, even though most experts said that it was a neutral report, market prices had quite a strong reaction.
By the time that all was said and done on Friday we had old crop corn up by USD 7 or 8 m/t but only up be about USD 4 m/t for new crop.......please click PDF to see more details.