It was another up week for prices again this week – corn prices were up by USD 10 to 12 m/t, soybeans up by around USD 20 m/t and US wheat up by about USD 9 m/t. While soymeal did not end the week higher the increase was all seen in soy oil, where prices jumped over 8%........please click PDF to see more details

It was a very active week for grains and oilseeds, lots of ups and downs, but this doesn’t show much in the change of prices at the end of the week. The week ended with corn prices dropping by about USD 1 or 2 m/t for both old and new crop corn. Soybeans slipped by about USD 4 m/t on the week while soymeal was steady to USD 2 m/t or so lower.........please click PDF to see more details

At the end of the week, we saw the old crop/new crop price spread in US corn sitting at about USD 40 m/t as tightness in old crop corn is moving things higher. Old crop soybeans are at a USD 60 m/t premium to new crop........please click PDF to see more details

Quite an interesting week for prices again this week – between the USDA WASDE report and the problems in the Mississippi prices became extremely choppy. At the end of the week corn prices in the US were down by about USD 35 m/t with winter wheat down by USD 15 to 30 m/t and spring wheat down by about USD 21 m/t. Soymeal was down by close to USD 25 m/t while soybeans were the calmest in the market this week, only being down USD 4 to 6 m/t...............please click PDF to see more details