The first 2020 WASDE report came out on Friday and didn’t really seem to have much effect on the markets. Most trade reports say that the market had expected to actual results so that there were no serious surprises.......please clcik PDF to see more details
 

All the holidays in North America are now behind us for a while and by next week everything there should be about back to normal. Looking at prices, the week ended with a down day for all grains and soybeans which made the week look like about an unchanged week – at least for futures prices........please click PDF to see more details 

With all these Christmas and New Year holidays, there is a lack of business, business news and excitement in the grain/oilseed trade. Looking at prices for the last week, the only excitement seemed to be for wheat prices. Corn and soybean prices were pretty well unchanged on the week as was soymeal but US winter wheat was up by USD 5 to 7 m/t with spring wheat up by about the same amount........please click PDF to see more details

This week was an up week for prices with soybeans leading the prices and moving higher by about USD 6 m/t followed by hard red winter wheat which was up by USD 7 m/t and soft red wither wheat up by USD 4 --- and corn was up too, but not all that much – only USD 2 or 3 m/t...........please click PDF to see more details.

This week we had very little change in corn prices – up by less than USD 2 m/t – but soybeans did have about a USD 5 m/t price rally and soymeal was up as much as USD 7 m/t. US winter wheat took a dip with soft red winter down by about USD 6 m/t and hard red winter down by about the same ...........please click PDF to see more details

This week was a quieter than normal week as most of the US grain companies were closed for the Thursday Thanksgiving holiday and then closed or short-staffed for the Friday.
Corn prices were steady on the week – both cash and futures – while soybean prices were down by about USD 7 m/t.......please click PDF to see more details 

So, a down week for everything but US wheat – corn is down by USD 1 or 2 m/t, while soybeans dropped by USD 7 to 9 m/t and soymeal down by around USD 8 to 10 m/t. US winter wheat was up by about USD 3 to 6 m/t.
There wasn’t all that much reason for corn prices to drift lower this week – actually there wasn’t much reason for any change with corn.......please clcik PDF to see more details 

About the only item that showed any strength at all this week was soymeal and it was only up by a couple of dollars a ton. Corn prices slipped lower by about USD 3 m/t while soybeans did drop close to USD 5 m/t, most wheat was down by a couple of dollars a ton.......please click PDF to see more details

We had all the USDA WASDE and WASDE related report issued on Friday and overall it seems to have been much of a non-event. At least for Friday there was no strong reaction in the markets – perhaps there will be more reaction on Monday.......please click PDF to see more details

Not a great deal of change in grain/oilseed prices in the US this week – December corn was up by about USD 1 m/t, January 2020 soybeans were also up by about USD 1 m/t while soymeal was up by less than USD 1 m/t. Even wheat prices didn’t do much this week........please click PDF to see more details