High protein wheat remains in relatively short supply due to growing problems in many parts of the world, but especially Europe due to too much rain.
Corn closed higher last week. The weekly charts imply that higher prices are possible over the next few months.
World markets were mostly stable again last week. US futures markets moved lower and are showing the potential to move even lower into the new year.
Farming weekly: What is new in the U.S. agriculture market? Report with detailed analysis and commentary.
US domestic markets remain mostly quiet, but reports indicate that supplies in temporary storage are disappearing.
US markets were a little higher last week as demand for US Wheat held strong in the world markets.