29 Mar 2024

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China hammersmith fishmeal mbm report

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Hammersmith Weekly Feed Grain and Protein Report Wk#42

Except for ever rallying soymeal, all prices drifted a little lower this week. Soymeal was up again by about USD 15 to 20 m/t for end of 2023 shipment but not up as much going into 2024.  Corn export prices moved lower by about USD 6 m/t with soybeans also a little lower by USD 2 m/t for 2023 positions. USA winter wheat was down about USD 4 m/t for soft red and USD 8 m/t for hard red with spring wheat down by about USD 5 m/t........please click PDF to see more details

 



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Hammersmith Weekly Feed Grain and Protein Report Wk#41

It was no surprise that, after moving higher and higher all week, US soybeans and soymeal both had a weaker day on Friday. Soymeal prices have increased on 8 of the last 10 trading days. While the market doesn’t look much like moving lower many experts can’t understand why soybeans and soymeal are so strong. US soybeans finished the week up by USD 7 m/t with soymeal up by close to USD 30 m/t --- pretty strong markets..............please click PDF to see more details


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Hammersmith Weekly Feed Grain and Protein Report Wk#40

USDA WASDE report week always tends to be quite exciting. Corn numbers were a little bullish but not enough to push US corn prices higher. The corn week ended with prices steady. Trade reports seem to feel that corn prices are more likely to move higher than lower in coming weeks.....please click PDF to see more details



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Hammersmith Weekly Feed Grain and Protein Report Wk#39

This week ended with US corn prices up by about USD 6 m/t while soybeans dropped by about USD 4 m/t and soymeal by about USD 10 m/t. Wheat prices were up on the week with US soft red winter wheat moving up by about USD 9 m/t with hard red winter wheat and spring wheat up by ..........please click PDF to see more details



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Hammersmith Weekly Feed Grain and Protein Report Wk#38

Friday was a strong down day for most everything as the USDA stocks report panicked the market a little or perhaps a lot. One the day corn prices were down by USD 5 m/t, soybeans down by almost USD 10 m/t, US winter and spring wheat down by as much a USD 11 m/t and soymeal down by around ..........please click PDF to see more details

 



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Hammersmith Weekly Feed Grain and Protein Report Wk#37

Both US soybeans and US wheat had very bearish weeks this week with soybean prices dipping by about USD 15 m/t while US winter wheat was down by about USD 12 m/t and spring wheat by about USD 6 m/t. Corn prices ended up pretty well unchanged on the week.......please to click PDF to see more details

 



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Hammersmith Weekly Feed Grain and Protein Report Wk#35-#36

This week seemed to be an up and down and all over the place week that ended with a reasonably exciting Friday with corn down a little on the day along with soybeans and soymeal while US wheat did its best to move higher.......please click PDF to see more details


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Hammersmith Weekly Feed Grain and Protein Report Wk#34

Monday is a holiday in the USA – Labor Day – so the week will start off quietly. 
This week was a down week for all grains and oilseeds – soymeal even moved lower for a change. USA corn was down by about USD 3 m/t on the week with soybeans down by USD 7 or 8 mt. while soymeal dropped by USD 13 to 15 m/t.......please click PDF to see more details. 


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Hammersmith Weekly Feed Grain and Protein Report Wk#33

Most of the trade reports this week seem to think that this wasn’t a very exciting week for grain and oilseed prices or activities. However, there was quite a bit of talk about lower crop yields in the USA due to the very hot and dry weather in the corn belt......please click PDF to see more details


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Hammersmith Weekly Feed Grain and Protein Report Wk#32

This week felt like a calmer week in the grain/oilseed business although soybean did make a good move higher on the week – up by USD 16 m/t for new crop soybeans. Corn prices finished the week almost unchanged while most US wheat was down by about USD 4 m/t......please click PDF to see more details



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