Another week goes by with very limited grain/oilseed information coming from the USDA – amazing how dependent on this information that we have all become.
Looking at the week, as it ended on Friday, there were not any major changes in US grain prices – soybeans ........please see PDF to see more details

The lack of up-to-date USDA reports because of the US Government shutdown certainly leads to a great deal of creative thinking and comments in he trade. We have gotten so used to having all this USDA info in our hands that we all have become dependent. The current shutdown is the longest on record.......please click PDF to see more details

It was an up week for everything this week – corn prices were up by USD 3 to 5 m/t with soybeans higher by about USD 10 m/t and soymeal following at USD 6 to 8 m/t higher – even wheat prices were higher with US spring wheat up the most at USD 8 or so m/t.
While corn prices were not all that much higher, the main upward pressure came from the dry weather in Brazil which could influence the corn yields..................please click the PDF to see more details

Overall it seemed like a down week for most all grains and oilseeds – corn prices were down by about USD 2 m/t on the week while soybeans dropped USD 6 mt and winter wheat moved down by about USD 6 m/t. Reports say that volumes in the futures market have moved lower as we get closer to the holidays.
US futures markets are only open for half a day trading on Monday, so market activity will be limited.........please click PDF to see more details

All the talk about China this week did its best to get prices rallying but this didn’t happen – both soybeans and soymeal were lower on the week as the sales to China were not at all spectacular. As the say in the UK, the soybean sales to China were just a “damp squib” – which means that there was just no bang in the sale........please click PDF to see more details

So, how did we end up the week – well, corn prices were up by about USD 3 to 4 m/t while soybeans jumped higher by USD 8 to 10 m/t – winter wheat too had an up week moving USD 4 to 6 m/t higher.
Much of the running and jumping in the market this week was totally tied to the US/China situation and stories/rumors/guesses about what was actually happening or about the meaning of the announcements regarding US/China discussions.....please click PDF to see more details

The grain and oilseed markets finished the week on the strong side with most prices for corn, soybeans and wheat showing a little rally on Friday – was this the G20 meeting rally.
Corn prices finished the week up by just USD 3-4 m/t higher with soybeans up by closer to USD 5 m/t and soymeal up by USD 3 to 5 m/t. US winter wheat was also up on the week – from USD 3 to 6 m/t higher.......please see click PDF to see more details

This week’s report is a little shorter than normal due to the holidays in the US – both Thursday and Friday for many organizations and reporting services – updated information is minimal from the US this week. But then, on a holiday week not too much seems to happen...........please click PDF to see more details

The USA has their Thanksgiving holiday later in the week, so the coming week will probably be a quiet week. For last week there wasn’t a great deal of market excitement – only a great many people talking about and guessing about the US/China trade situation.
The soybean market did have some rallies and drops this week as rumors and speculation regarding China kept changing – rallies were on trade settlement rumors then dips.......please click PDF to see more details

The USDA WASDE (World Agricultural Supply and Demand Estimates) report did hold a few surprises this week: increased China corn stocks, lower US corn yields, lower US soybean yields, higher world ending stocks for all corn, soybeans and wheat.
From a US futures point of view there was no change in corn or soybean prices on the week while.....please click PDF to see more details