How was that for an exciting week for prices – both cash and futures – while prices did slip a little on Friday we still ended up with a very strong week: corn was up by almost USD 10 m/t with soybeans up by USD 18 m/t and soymeal up by over USD 20 m/t. Wheat too had an up week, not quite as far up but still up: soft red winter wheat was up by USD 5 m/t with hard red winter up by close to USD 12 m/t even spring wheat was dragged a little higher as it was up by about USD 2 m/t.........please click PDF to see more details

This is a holiday weekend in the US with Monday being Memorial Day – a day of remembrance for the US Armed Forces.
This week was another week of higher prices for both futures and cash markets --- corn was up by about USD 9 m/t with soybeans up by just over USD 3 m/t and soymeal up by about USD 6 m/t --- wheat was also up with winter wheat up by close to USD 9 m/t and spring wheat up by just under USD 7 m/t........please click PDF to see more details

Quite a rally in US futures and cash prices this week with corn up by USD 10 to 12 m/t, soybeans up by about USD 5 m/t and soymeal up by USD 7 m/t. Winter wheat was up considerably with soft winter up by about USD 14 m/t and hard winter up by USD 12 m/t --- spring wheat was not quite as strong: up by USD 4 m/t...............please click PDF to see more details

So, this week was the week of the USDA WASDE report – looks like bearish, bearish and bearish as almost everything moved lower on the week: corn prices dropped by almost USD 8 m/t, Soybeans were lower by USD 12 m/t, soymeal was also down by USD 12 m/t, winter wheat was about USD 5 m.t lower while the only exception to lower prices was US spring wheat which managed to move about USD 1 m/t higher.......please click PDF to see more details.

Corn futures prices were up about USD 4 m/t on the week while soybean prices continued lower – dropping by almost USD 9 m/t – soymeal to was down by about USD 6 m/t. Winter wheat prices also slipped a little lower – down by about USD 2 m/t with spring wheat almost unchanged.......please click PDF to see more details

Corn prices moved a little lower on the week, only down by USD 2 or 3 m/t, but probably could have been lower except for the wet weather in parts of the corn belt and some delays to the corn planting. According to futures reports the commodity funds are very short corn – so they think that it is going lower. Expected very big crops in both Argentina and Brazil are putting a lot of downward pressure on corn prices.......please click PDF to see more details

Grain markets do tend to not get too exciting on short trading weeks and this week was no exception as no one much seemed to want to push the markets in any direction.
There is little or nothing to report on corn – no big surprises with export sales. Most trade reports say that US corn........please click PDF to see more details 

The latest USDA WASDE report didn’t have too much excitement built in but there were a few items of interest:

•         Lower feed and ethanol use for corn along with reduced corn exports – the result is an increase.........please click PDF to see more details 

Corn prices in the US were up just a little this week – not enough to worry about or to call a trend - soybeans did move up by about USD 5 m/t while winter wheat was up by about USD 2 m/t while spring wheat prices dropped by between USD 10 and 15 m/t...........please click PDF to see more details.

It was quite a down week for all US grain and oilseed prices. Soybeans were down the least at about USD 2 m/t lower while soymeal changed little or nothing on the week- corn prices did drop by about USD 6 m/t with winter wheat lower by USD 3 to 6 m/t........please click PDF to see more details.