As has been the recent pattern, grain and oilseed prices moved higher again this week. Corn was up by abut USD 7 m/t, soybeans up by close to USD 12 m/t, soymeal up by about USD 18 m/t, winter wheat was up by about USD 4 m/t and spring wheat jumped by USD 6 m/t.........please click PDF to see more details

COVID-19 certainly seems to be on the rampage again. Here in Europe we have seen some countries experience a doubling of new cases in a week and almost every country has new case levels higher than seen in the peak last spring. We have not seen a great deal of effect on the grain/protein business,.......please click PDF to see more details

Well, the USDA WASDE report tended to get markets moving this week. Compared to the last report we had corn production down by about 1% but ending stocks down by 14%. Soybeans too had a small 1% drop in production but ending stocks were down by 37% -- a serious shock to the market. Total wheat production was almost unchanged from previous with wheat ending stocks down by 4.5%.......please click PDF to see more details

Another good rally in grain/oilseed prices this week with everything moving higher. Corn prices were up by USD 5 to 7 m/t, soybeans up by USD 7 or 8 m/t, soymeal up by USD 14 m/t and winter wheat up by USD 10 to 13 m/t. Only US spring wheat seemed to be able to get by with a small rally – only being up by about USD 1 m/t......please click PDF to see more details

Interesting to note that, after a week of much lower commodity prices, there are a number of very bullish expert projections in trade reports late on Friday. Nothing like a good bullish expert to help slow the slide in commodity prices.
Looking at the week, corn prices were down by about USD 6 m/t while soybeans........please click PDF to see more details 

A strong move higher at the end of the week resulted in most everything being higher.
Soybeans and soymeal were the biggest movers with soybeans up by USD 18 to 20 m/t and soymeal up by close to USD 20 m/t. Corn was not quite as strong but still was able to move up by about USD 5 m/t.........please click PDF to see more details 

Here we are with USDA WASDE week and, even though most experts said that it was a neutral report, market prices had quite a strong reaction.
By the time that all was said and done on Friday we had old crop corn up by USD 7 or 8 m/t but only up be about USD 4 m/t for new crop.......please click PDF to see more details.

This weekend is a long holiday weekend in the US with markets closed on Monday for Labor Day. Labor Day is seen as the end of the summer in the US and Canada and the time for all children and young people to head back to school. And for most women, Labor Day is day that is end of wearing white summer slacks........please click PDF to see more details

Aha, a week of positive prices with everything making a move higher. Corn prices were up by USD 6 to 8 m/t, soybeans up by USD 16 to 19 m/t, soymeal up by USD 12 to 14 m/t. Even most wheat prices were able to move higher by about USD 6 m/t. Certainly an up week........please click PDF to see more details

Price activity was a little bit quieter this week with most excitement seen in the US wheat markets. The weeks price changes in corn, soybeans and soymeal were mostly insignificant while US winter wheat raced higher by about USD 10 m/t and spring wheat followed closely behind at about USD 7 m/t higher........please click PDF to see more details