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Daily Market Wire – October 05, 2021

ASX wheat January 2022 up AU$4/t to $348/t; #Chicago wheat December contract up US1.25c/bu to 756.5c/bu; Kansas wheat December contract down 5.25c/bu to 754.25c/bu; Minneapolis wheat December up 1.25c/bu to 930.25c/bu; MATIF wheat December contract up €1/t to €265.25/t; MATIF corn November contract up €0.75 to €237.25/t; Chicago corn December contract down 0.75c/bu to 540.75c/bu;

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LAST WEEK MARKET COMMENT

US grain prices were mixed but mostly higher last Friday, with some wheat contracts jumped as much as 4.5% higher by the close. Corn prices also made inroads, moving 1% higher. In contrast, soybean prices continued to spill lower a bit. On macro markets, oil settled above $79 a barrel on Friday, just shy of

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GRAIN & PRICE WEEKLY REPORT

Yesterday, US corn prices ended higher, soybean closed lower, wheat contracts made dramatic gains. Corn prices received a little help from the wheat complex this week, with December futures rallying 2.8% from last Friday.  Soybean prices were not as lucky as the grains this week, as nearby November contract took a 3% loss.  Soymeal was

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