There is nothing like some weakness in the market to get everyone excited and this week was certainly one for falling prices. Corn was down by about USD 6 m/t with soybeans down by USD 2- to 24 m/t, soymeal down by about USD 18 to 20 m/t, winter wheat and spring wheat both down by about USD 8 m/t --- everything was down.
Other than the effect of the trade situation with the US and almost everyone, grain/oilseed markets moved lower on good US weather with decent rainfall in the forecast – there is nothing like some good weather during the growing season to help move prices lower.........please click PDF to see more details