The situation in the Ukraine and concern over any supply from the Black Sea has pushed grain and oilseed prices much higher this week. Ukraine is not expected to be able to ship any further grain cargos while, even if Russia can ship, payment for Russian grain will probably be impossible.....please click PDF to see more details

Not too much sense in talking a great deal about the grain and oilseed markets this week, as we all know what is happening in the Ukraine and the effect that this will have on the world wheat, corn and barley business. With major ports in Ukraine closed and also most grain terminals there is little or nothing moving from the Ukraine. Russia’s exports seem to be as normal, but sanctions will probably cut into that very quickly.......please click to PDF to see more details

Grain and oilseed markets were a little calmer this week – perhaps due to the Russia/Ukraine situation looking a little easier. The US seems to be convinced that Russia will invade sometime soon but this may just be a bluff to try to get Russia to back off a little. Of course, we all remember the Crimea not too long ago and Sudetenland way back in 1938.....please click PDF to see more details

2022 so far has certainly been a period of higher and higher prices for grains, oilseeds and proteins and it doesn’t look like it will change in the near term. This week we had soybeans up by USD 10 m/t, soymeal at least USD 12 m/t higher, corn up by USD 11 m/t and even wheat was higher with winter wheat up by about USD 13 m/t and spring wheat even higher – up by USD 17 m/t.....please click PDF to see more details