ASX

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending October 21, 2021.

According to the Chinese National Grain Trade Center, China sold 891,938 tonnes of wheat, or 88.5% of the total on offer, in the first auction of state reserves since the new harvest. Wheat was sold at an average price of 2,366 yuan ($371) per tonne. That is lower than the current cash prices of wheat.Wheat

Grain prices were mixed but mostly higher last Friday.  Corn prices firmed 1%. Soybean prices eased around 0.3% lower. Nearby MGEX spring wheat contracts surged 3.3% higher and surpassed $10 per bushel for the first time in nearly a decade. Winter wheat contracts were also red hot, moving between 2.1% and 3.5% higher.  On macro

Corn, soybeans and wheat were all higher for the week. US grains markets, indeed, were able to partially resume bullish operations during Friday session. Corn prices rose 2,34% this week, erasing loss the previous week.  Soybeans had a promising rally early in the week, supported by a surge in Malaysian palm oil to an all time