Not much change in US corn prices at all this week perhaps down by USD 1 or 2 m/t. Soybeans too didn’t change much this week but soymeal did drop by USD 10 to 14 m/t. US hard red winter wheat was up by about USD 10 m/t on the week US spring wheat up by about USD 7 m/t........please click PDF to see more details

Aha, just one of those exciting weeks in the market once again --- just too much going on in the world. US corn didn’t have too bad a week and was up by about USD 4 m/t while soybeans had an exciting week and dropped by about USD 18 m/t with soymeal up by about USD 2 m/t. US winter wheat was down by about USD 3 m/t with US spring wheat down by only a dollar or two.....please click PDF to see more details

The situation in Iran continues to lead the market --- if not with grain certainly with fuel costs. Ocean freight rates are moving higher due to greatly increased fuel cost and higher insurance costs. Fuel costs in Asian ports are reported to be up by at least 50% and availability could become a problem.......please click PDF to see more details

The Iran situation is about the biggest factor in all markets this week as sellers and buyers try to understand what the actual effect will be and where prices are heading over the next few weeks...........please click PDF to see more details