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Russian wheat prices fell last week.Indeed, according to the IKAR, Russian wheat with 12.5% protein content loading from Black Sea ports for supply in January stood at $328 a tonne free on board (FOB), down $2 from thin trade in early January. SovEcon, another consultancy, pegged wheat at down $1 at $332 per tonne.Barley export price was down $2 at

Chicago Board of Trade will be closed on this morning to observe the Martin Luther King Day holiday, so we don’t get a look at market sentiment until Tuesday. Meantime, US farm markets were mixed last Friday but mostly lower.  Indeed, corn prices after felling 4% below prior six-month highs, have attracted some bargain buyers with the

After starting 2022 off on the positive side, US farm markets were lower the second week of January.  Corn prices closed out the week with March dropping 1.73%, but only thanks Friday’s session which helped to limit those losses. Soybeans fell 2.87% since last Friday on the late week weakness.  Soybean meal was the weight on the