The Black Sea grain corridor situation had prices moving up and down and back this week as we all tried to get a good idea of what was actually happening. For now it does look like the next 120 days will be business as usual from Ukraine and even Russia – well, as usual as it can be.......please click PDF to see more details

Grain and oilseed prices finished the week with lower prices levels which experts say was caused by the lower US dollar. Corn ended the week down by about USD 9 m/t with soybeans down by around USD 5 m/t, soymeal down by close to USD 10 m/t and US spring wheat down by USD 3 m/t with winter wheat down........please click PDF to see more details.

The changes in direction by Russia over the grain export corridor was the major factor in the wheat business this week --- certainly caused a great spread in prices with ups and downs and more ups coming every day. Wheat finished the week higher on Black Sea concerns.....please click PDF to see more details

Except for soymeal, grain prices were lower this week in the US --- corn prices were unchanged to a little lower while soybeans dropped by USD 3 or 4 m/t while soymeal moved higher by USD 5 to 7 m/t. All US wheat prices were lower by close to USD 8 m/t. ........please click PDF to see more details