Monday, July 04 is a holiday in the USA for Independence Day, probably the most important holiday of the year for the US. Everything is closed and everybody is celebrating.
It was quite an interesting week for grain and oilseed prices this week. Corn and wheat prices.......please click PDF to see more details

Comments from experts at the end of the week tended to feel that lower prices this week were caused by concerns over China’s economic situation and the stronger US dollar.
One thing that lower wheat prices did accomplish was to get all the major government wheat buyer.......please click PDF to see more details

Monday is a holiday in the US, so grain markets and most companies will be closed.
This week we had US corn up by USD 4 or 5 m/t while soybeans dropped by almost USD 15 m/t and soymeal moved higher by USD 5 m/t.......please click PDF to see more details 

This week was USDA WASDE week and, as expected, there seemed to be no major surprises in this month’s report. The WASDE shows higher world stocks for corn and soybeans with lower stocks for wheat. Most of the corn ending stocks growth is in Ukraine due to the inability to export corn......please click PDF to see more details

Amazing how a couple of words from Russia can cause the market to drop much lower. While it does seem that there “might” be a compromise on some grain shipments out of the Ukraine, it may be that the “consideration” demanded by Russia may be too high to allow it to work.........please PDF to see more details

Monday is a holiday in the USA with all grain markets closed for the day which normally means that the Friday before a long weekend is a day of covering open positions, taking profits and making sure that risks are avoided.
Corn and wheat had a strong Friday as traders covered their short positions before the holiday. Corn prices still ended lower on the week and ......please click PDF to see more details

I was at GrainCom 2022 in Geneva this week and didn’t hear any positive reports or see any smiling faces. Most opinions were that come August/September the world grain situation will probably be worse than it is today – this due to Black Sea problems, drought reduced crop yields in Europe and the USA and perhaps India......please click PDF to see more details 

This week was a down week for corn, soybean and soymeal but an up week for all wheat. Most US corn prices were down by about USD 10 m/t with soybean down by about over USD 20 m/t and soymeal also down by about USD 20 m/t.  Wheat was the exception with all prices up between USD 15 and 25 m/t........please click PDF to see more details

Prices in the US were sort of up and down this week – corn finished the week with both old crop and new crop moving about USD 10 m/t higher. Old crop corn remains at about a USD 20 m/t premium over new crop. Soybeans had a relatively quiet week for prices by soymeal did drop by close to USD 20 m/t. Winter wheat was also down quite a bit with Soft Red dropping by about USD 7 m/t while Hard Red was down by closer to USD 15 m/t........please click PDF to see more details

USA corn prices were quite steady this week with no softening of prices seen until new crop later in the year. New crop corn prices are indicated at about USD 25 m/t lower than May prices. USA old crop soybeans moved higher by about USD 10 m/t this week while soymeal was quite steady. US winter what was lower on the week by as much as USD 10 m/t, depending on the type, while spring wheat moved higher by USD 6 to 8 m/t........please click PDF to see more details