Another week of major price changes --- nearby wheat prices were up as much as USD 30 m/t but not as much after July. Corn prices were steady nearby but up by abut USD 15 m/t late in 2022. Soymeal prices were up between USD 20 and 30 m/t while soybeans were up by close to USD 15 m/t.....please click PDF to see more details

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