The drop that we saw in grain prices last week ended up being just a one week price correction as the march to higher prices continue this week. Soybeans were the strongest item this week moving up by about USD 16 m/t with soymeal up by as much as USD 15 for early 2021 positions. Corn prices only moved up by USD 4 or 5 m/t with most US wheat prices moving up by close to USD 5 m/t......please click PDF to see more details

Today is day 2 of the new November COVID-19 “lockdown” in France. Most everything except for supermarkets, pharmacies are garages closed. Schools remain open since COVID rates among children are very low and people are allowed to travel to work. There are very strict limits on who can be out and about and rules are being strictly enforced. Hopefully, this drastic action will have a positive effect in reducing the current peak in COVID-19 infections........please click PDF to see more details

RMB cash trend would follow up recent up-rising quotes in…

COVID-19 certainly seems to be on the rampage again. Here in Europe we have seen some countries experience a doubling of new cases in a week and almost every country has new case levels higher than seen in the peak last spring. We have not seen a great deal of effect on the grain/protein business,.......please click PDF to see more details