This week is a holiday week in many countries with some closed last Thursday and Friday and others closed next Monday. These three/four day weekends can lead to very strange price action as many traders, especially futures traders, try to cover their positions in advance of a long weekend --- no one wants to take on a three-day risk.

Grain markets in the US and Europe were closed in Friday but earlier in the week we did have a small rally in all grain and soybean/soymeal prices..........