While the USDA WASDE report this week was not too exciting, with most experts saying that it was a neutral report, prices for most everything moved higher due to continued concern over grain supply from the Black Sea.....please click PDF to see more details

Changes in the situation in the Ukraine continue to be the major factor on world grain prices this week. Russian attacks on Ukraine grain storage facilities has not helped calm the market. Corn prices for old crop corn were lower by USD 4 to 7 m/t but new crop was.......please click PDF to see more details.

We ended this week again with everything moving higher – corn prices were up by almost USD 10 m/t, soybeans were up by about USD 15 m/t, soymeal was also up by close to USD 15 m/t. USA winter wheat was up by USD 17 m/t while US spring wheat was up by closer to USD 20 m/t. .........please click PDF to see more details

As was expected, we continued to have wide swings in prices all week but did finish the week with all prices down a little from last week. US corn prices were down by USD 6 to 8 m/t with US soybeans down by only about USD 3 m/t and soymeal prices just steady on the week. After racing miles higher recently, US wheat dropped back a little this week with soft winter wheat down by USD 10 to 13 m/t and hard winter down by USD 7 m/t or so......please click PDF to see more details