Goodness…what an up week this week for grains and oilseeds: USA corn was up by almost USD 10 m/t, soybeans moved higher by close to USD 15 m/t while soymeal saw a jump of close to USD 30 m/t. USA wheat prices were also strong with spring wheat getting almost USD 20 m/t and winter wheat up between USD 17 and 20 m/t......please click PDF to see more details

This week, the pre-WASDE week, was a down week for almost all USA grain and oilseed prices. Corn prices dropped by about USD 6 m/t with soybeans down by around USD 15 m/t. US winter wheat was not too much lower at USD 2 to 3 m/t lower while spring wheat was very weak dropping by almost USD 15 m/t.......please click PDF to see more details

So, how did we do this week --- well, corn prices in the US moved about USD 12 m/t higher with soybeans up by about USD 7 m/t, soymeal up be close to USD 7 m/t and all US wheat moving higher, especially spring wheat which was up by about USD 15 m/t with winter wheat up by closer to USD 6 m/t.....please click PDF to see more details
 

USA wheat prices were strong this week with winter wheat up by USD 8 to 10 m/t and spring wheat up by even more at about USD 15 m/t higher. Corn prices were up by about USD 5 m/t and soymeal was up by USD 10 or 11 m/t, but soybeans didn’t change at all on the week........please click PDF to see more details

Soybeans seemed to be the weakest item in the grain/oilseed markets this week – down by about USD 10 m/t until Friday when things moved up a little and the week finished with soybean down by about USD 8 m/t. The late in the week rally is tied to the soybean sales to China and expectation of much more to come.......please click PDF to see more details

Next week is the week for the USDA-WASDE report – always an exciting time. Some reports on Friday seemed to feel that next week’s report will be bullish and that we could see a rally in corn prices, but no one seemed to be too sure about soybean and wheat prices.......please click PDF to see more details

It was a mixed week for prices as US corn moved higher by about USD 5 m/t while soybeans dropped by as much as USD 15 m/t and soymeal by USD 13. USA winter wheat was up by close to USD 15 m/t with spring wheat up by about USD 5 m/t.....please click PDF to see more details

Harvest weather in the USA looks good for the next little while which should get the farmers really cranking out the crop. The markets ended the week a little lower as harvest pressure tried to push prices down.
Cash prices in the USA for corn were a bit up and down with some areas seeing lower cash l.....please click PDF to see more details

The USDA WASDE report was a bit of a non-even this week as grain/oilseed markets are still trying to deal with the aftermath of the “Ida” situation. It is reported that while some NOLA facilities are up and operating, none of them are at full capacity and there are still a couple of elevators that are flooded and not operating at all......please click PDF to see more details

Markets in the US are closed on Monday for the Labor Day holiday.
Hurricane IDA did a good job of messing things up in the US Gulf and to a degree on the US East Coast. ......please click PDF to see more details