And again, an exciting week with prices trying to find a direction but then most everything, except Spring Wheat, ended up closing lower on the week. US corn prices dropped by USD 4 to 5 m/t while soybeans were down by closer to USD 8 m/t and soymeal down by almost USD 10 m/t. Hard red winter wheat dropped by about USD 5 m/t while soft red winter wheat was steady, but spring wheat was close to USD 6 m/t higher.........please click PDF to see more details

How was that for an exciting week for prices – both cash and futures – while prices did slip a little on Friday we still ended up with a very strong week: corn was up by almost USD 10 m/t with soybeans up by USD 18 m/t and soymeal up by over USD 20 m/t. Wheat too had an up week, not quite as far up but still up: soft red winter wheat was up by USD 5 m/t with hard red winter up by close to USD 12 m/t even spring wheat was dragged a little higher as it was up by about USD 2 m/t.........please click PDF to see more details

This is a holiday weekend in the US with Monday being Memorial Day – a day of remembrance for the US Armed Forces. This week was another week of higher prices for both futures and cash markets --- corn was up by about USD 9 m/t with soybeans up by just over USD 3 m/t and soymeal up by about USD 6 m/t --- wheat was also up with winter wheat up by close to USD 9 m/t and spring wheat up by just under USD 7 m/t........please click PDF to see more details

Currency issue triggers up cash trend to RMB11,500/ton….