It was a very short US trading week this week with Thursday closed for Independence Day and many choosing to take Friday off as well. Even the futures market was..............please click PDF to see more details

It was another exciting week in the grain/oilseed business. Soybeans/soymeal were down strongly on the week as were all types of US wheat. Much of the drop in wheat prices was said to be due to Turkey stopping wheat imports for 4 months. Soybeans were lower on a drop in China buying of US .........please click PDF to see more details

This past week was another down week – corn prices were down by about USD 7 m/t with soybeans down by as much as USD 10 m/t and soymeal down by USD 8 to 10 m/t. US wheat was the big lose this week with US winter wheat down by as much as USD 19 m/t with spring wheat dropping by a similar amount......please click PDF to see more details

A lot of USA grain experts are now looking very closely at the weather and seeing quite a bit of hot and dry weather in coming days --- so far this is short term but could become longer term which should certainly help to push prices higher. According to the weather people we look to be going into a La Nina period which could mean warm and dry weather into September.,,,,please click PDF to see more details