The situation in the Ukraine and concern over any supply from the Black Sea has pushed grain and oilseed prices much higher this week. Ukraine is not expected to be able to ship any further grain cargos while, even if Russia can ship, payment for Russian grain will probably be impossible.....please click PDF to see more details

Not too much sense in talking a great deal about the grain and oilseed markets this week, as we all know what is happening in the Ukraine and the effect that this will have on the world wheat, corn and barley business. With major ports in Ukraine closed and also most grain terminals there is little or nothing moving from the Ukraine. Russia’s exports seem to be as normal, but sanctions will probably cut into that very quickly.......please click to PDF to see more details

Grain and oilseed markets were a little calmer this week – perhaps due to the Russia/Ukraine situation looking a little easier. The US seems to be convinced that Russia will invade sometime soon but this may just be a bluff to try to get Russia to back off a little. Of course, we all remember the Crimea not too long ago and Sudetenland way back in 1938.....please click PDF to see more details

2022 so far has certainly been a period of higher and higher prices for grains, oilseeds and proteins and it doesn’t look like it will change in the near term. This week we had soybeans up by USD 10 m/t, soymeal at least USD 12 m/t higher, corn up by USD 11 m/t and even wheat was higher with winter wheat up by about USD 13 m/t and spring wheat even higher – up by USD 17 m/t.....please click PDF to see more details

Well, another very strong week for soybeans/soymeal with both moving about USD 30 m/t higher. The trade seems to expect that next week’s USDA WASDE report will show a major drop in South American soybean production and this is pushing prices higher...........please see PDF to see more details

This was another week for higher prices for most grains and oilseeds. Corn prices were up by about USD 8 m/t with soybeans up by about USD 20 m/t and soymeal also up by about USD 20 m/t. US wheat prices were up a little, a dollar or two, but nothing too exciting with wheat.......please click PDF to see more details

This was a short work week in the US with last Monday being a holiday. Wheat had a very strong week in the USA with prices moving higher by USD 15 to 20 m/t. Corn prices were up by about USD 7 m/t with soybeans up by at least USD 15 m/t. Soybean prices would have been even higher, but the bean prices slipped quite a bit as the week ended.

Monday is a holiday in the USA with all grain markets and most companies closed for the day.
This week was a down week for most everything as markets adjusted to all the USDA WASDE details and the world Covid situation. USA corn prices dropped by close to USD 5 m/t with US soybeans down by around USD 15 m/t and.......please click PDF to see more details

It was a very strong week this week for soybeans/soymeal with prices up by as much as USD 25 m/t for both. Corn too was higher but only by about USD 5 m/t. Wheat prices were lower for both US winter and spring wheat with Soft Red Winter down by about USD 5 m/t and Hard Red Winter down by close to USD 10 m/t. Spring wheat was down even more by at least USD 15 m/t.......please click PDF to see more details

So here we are on the first day of 2022 and the year ended with soybeans up by 41% in 2021, corn up by 52%, soymeal up by 38%, hard red winter wheat up by 65%, soft red winter wheat up by 38%. I don’t think that anyone in the trade is expecting that the same overall rate of price increase will be seen in 2022.......please click PDF to see more details