Market prices were a little quieter this week as the market tried to recover from the WASDE report. There was little or no change in corn prices, but soybeans did drop by USD 6 m/t or so while soymeal was down by USD 7 m/t. US spring wheat prices also moved lower by about USD 6 m/t while winter wheat was up by about USD 2 m/t. ..................please click PDF to see more details

RMB cash trend has rarely moved down below RMB10,000/ton since ….

It was a short work week in the US following the holiday last Monday but there was still time to push prices lower on the week. Looking at US futures, corn was down by about USD 5 to 6 m/t, soybeans down by USD 4 to 5 m/t, soymeal down by about USD 3 m/t. Wheat prices were steady on the week with a range of up or down a dollar a ton or so........please click PDF to see more details

Monday is a holiday in the US so the grain markets and most business will be closed for the day. As has been said before – a three day weekend normally starts with price changes that mean nothing as buyers and sellers in the US are just evening their order books before the long weekend. Looking at how the futures markets finished the week, things seemed quite calm for corn with prices almost unchanged on the week. Soybeans did finish the week about USD 5 m/t higher.................please click PDF to see more details