It was an up week for everything this week – corn prices were up by USD 3 to 5 m/t with soybeans higher by about USD 10 m/t and soymeal following at USD 6 to 8 m/t higher – even wheat prices were higher with US spring wheat up the most at USD 8 or so m/t.
While corn prices were not all that much higher, the main upward pressure came from the dry weather in Brazil which could influence the corn yields..................please click the PDF to see more details