This week is all Trump Tariff driven week as world markets wonder exactly what the details of the new USA tariffs will be .......please click PDF to see more details

With the USDA WASDE report coming up on Monday, market participants were being quite careful in what they were buying or selling. Corn prices were up a little on the week but there was nothing much in the market (except WASDE worries) to push market prices around......please click PDF to see more details

Once again this week, we had a very quiet time in the grain business. Only soymeal prices showed much of a change and moved about USD 5 m/t higher. Corn, soybeans and wheat prices all ended the week within about USD 1 of where they started the week.......please click to see more details

The big news this week was the latest USDA WASDE report – a report that changed little or nothing from the November report, at least as far as US supply and demand. Even for world numbers there were no real surprises – Australia wheat is forecasted higher as is Brazil corn – most numbers were u changed. The next USDA WASDE report will be out on January 12, 2017 and it is expected that this report will more exciting.

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It was quite a down week for grain prices this week with corn down by about USD 5 m/t in both cash and futures. Soybeans and soymeal had the most negative week with soybeans down by about USD 7 m/t while soymeal was down by about USD 10 m/t. Wheat was down on the week too with US hard red winter wheat down by about USD 8 m/t and soft red winter wheat down by about USD 6 m/t........

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Once again this week, corn had quite a calm week, although there were some small attempts at a price rally on the corn futures market. Corn prices really haven’t done too much over the past couple of weeks. Probably due to the harvest coming along quite well and the yields so far looking better than some experts had said that they were.......please click PDF to see more details