Grain markets in the US decided to try for a little rally on Friday and managed to push both soybeans and soymeal up into a positive price on the week. Even with the Friday rally corn and wheat prices were a little lower on the week.
Corn prices ended up almost unchanged from the previous week as corn had a very quiet and uninteresting week. Some reports say that farmers weren’t selling as they would rather hold until after next week’s Thanksgiving holiday in the US. There was the report from Brazil that the second corn crop would be down...........please click PDF to see more details