This week was USA Thanksgiving holiday week with many organizations only working three days or at least being short staffed on Friday and closed on Thursday. Thanksgiving week is normally one of the quietest trading weeks of the year in the US and this week was no exception...........please click PDF to see more details

US corn prices finished the week down by about US$ 3 m/t with soybeans almost unchanged on the week US soymeal down by US$ 5 m/t. USA winter wheat was only a couple of dollars m/t higher on the week while US spring wheat was unchanged.....please click PDF to see more details

This week was USDA WASDE week --- the first WASDE in a while --- and everyone had an opinion on what the report would say. Corn, soybeans and soymeal had a quite active trading week while wheat markets seemed quiet.........please click PDF to see more details

Trade reports say that we will have a USDA WASDE report next week --- it will be nice to see the report once again. Everyone misses all these valuable reports that the USDA issues during normal times. The trade is expecting a bullish report for corn, perhaps with lower yield level, but for soybeans it could be bearish as yields may be higher.........please click PDF to see more details