Seems like a reasonably quiet week for everything except US wheat this week. US corn prices moved up by only and USD 3 m/t with soybeans up by about USD 2 m/t while soymeal prices ranged from up USD 2 to down USD 2 m/t. US winter wheat was down by USD 8 to 12 m/t while spring wheat dropped by about USD 4 m/t…....please click PDF to see more details

Well, it was quite a down week for soybeans and soymeal as both were down by at least USD 20 m/t. Much of the loss in soybean/soymeal is due to the higher ending stocks for US soybeans and the expected record Brazil soybean crop. Put those two factors together with concerns over China’s 2023 buying of soybeans and suddenly everything looks bearish for beans and meal......please click PDF to see more details

USA wheat prices were higher on the week while soybeans were lower and corn finished the week with no real change in prices.
Reading the trade reports at the end of the week the feeling seems to be that the drop in prices on Friday for most commodities was due more to economic worries.......please click PDF to see more details 

US soybeans and soymeal were the strongest markets this week with soybeans moving up by about USD 12 to 15 m/t and soymeal up by about USD 12 m/t. US corn prices dropped by a couple of dollars m/t while what prices ranged from down USD 4 to up USD 2 m/t depending on the type.....please click PDF to see more details

Many year’s ago, when I was very young, our entire family stood out in a blizzard in Calgary, Alberta to catch a glimpse of Princess Elizabeth and Prince Philip on their first visit to Canada --- we cheered and waved as they drove by and they smiled and waved back. The date was October 19 1951 and in less than a year she was Queen Elizabeth.......please click PDF to see more details

Monday is a holiday in the USA so the grain/oilseed markets should start the week on the calm side.
Soybeans and soymeal had another tough week with prices moving up and down........please click PDF to see more details 

This was another up week for grains and oilseeds as USA markets were looking more at what was happening in the country rather than concentrating on Black Sea events.....please click PDF to see more details

Corn prices were down this week in the US by about USD 5 to 8 m/t with new crop soybean prices dropping by at least USD 15 m/t and soymeal also down by USD 15 m/t. US wheat prices for both winter and spring wheat were down by close to USD 20 m/t.....please click PDF to see more details.

This week’s USDA WASDE was not too much of a surprise to the grain markets although corn prices did move higher on forecasted lower yields. Experts feel that the WASDE report was bullish for corn in the long term --- as we can see in the futures market, new crop prices are pushing higher......please click PDF to see more details

This week was a week where prices were driven by what looks like an improved situation in the Black Sea which is bearish to very bullish weather concerns in the US.....please click PDF to see more details