Aha, this was really the week of the soybean/soymeal as South American weather pushes prices up to levels not seen for about 6 years. Soybeans were up by over USD 20 m/t with soymeal up between USD 22 and 28 m/t ---- that is one strong week for beans and meal.......please click PDF to see more details

Except for US wheat prices, the US grain and oilseed markets were a little quieter this week. USA winter wheat prices jumped by almost USD 15 m/t with spring wheat prices up by about USD 8 m/t. Corn and soybean prices for early 2021 were steady but soymeal prices did move about USD 5 m/t lower..........please click PDF to see more details

I guess that this week was a rally recovery week as everything moved lower – corn prices in the US dropped by USD 5 to 7 m/t, soybeans were down by at least USD 10 m/t and soymeal by USD 12 or so m/t. Even wheat prices moved lower with US winter wheat down by USD 8 to 11 m/t and spring wheat down by about USD 7 m/t. .........please click PDF to see more details

This was a very short work week in the US with some companies only working three days and those that did work tended to be on short staff. Most markets were quite thin as no one wanted to do anything before the holiday and are holding fire on any new business until next week when everyone is back to work. Even with the short week and the reduced activity, grain/oilseed markets all moved a little higher on the week. Corn prices were up by about USD 3 m/t,......please click PDF to see more details