This was quite an up and down week with USDA WASDE reports and stories of possible improvement in Ukraine grain exports. With a week of somewhat bullish WASDE, strong US dollar, hot and dry weather in the US and disappointing weekly exports, it seemed the market couldn’t be too sure on which way it wanted to go.......please click PDF to see more details

Next week is USDA WASDE week which may or may not shake up the markets. According to trade reports on Friday, most experts feel that the USDA report will be bullish. Expert also feel that from now on the USA weather will be the major factor affecting grain/oilseed prices although the strength in the US$ will also be a major factor to importers of US grains.....please click PDF to see more details

Monday, July 04 is a holiday in the USA for Independence Day, probably the most important holiday of the year for the US. Everything is closed and everybody is celebrating. It was quite an interesting week for grain and oilseed prices this week. Corn and wheat prices.......please click PDF to see more details

Comments from experts at the end of the week tended to feel that lower prices this week were caused by concerns over China’s economic situation and the stronger US dollar. One thing that lower wheat prices did accomplish was to get all the major government wheat buyer.......please click PDF to see more details