18 Sep 2020

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Hammersmith Weekly Feed Grain and Protein Report Wk#13

Corn prices in the US were up just a little this week – not enough to worry about or to call a trend - soybeans did move up by about USD 5 m/t while winter wheat was up by about USD 2 m/t while spring wheat prices dropped by between USD 10 and 15 m/t...........please click PDF to see more details.



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Hammersmith Weekly Feed Grain and Protein Report Wk#12

It was quite a down week for all US grain and oilseed prices. Soybeans were down the least at about USD 2 m/t lower while soymeal changed little or nothing on the week- corn prices did drop by about USD 6 m/t with winter wheat lower by USD 3 to 6 m/t........please click PDF to see more details.



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Hammersmith Weekly Feed Grain and Protein Report Wk#11

China bought some US corn – not as much as the rumors had been saying but still better than nothing. The China sale and the flooding in the US corn belt was enough to push corn prices higher and add a few dollars to the export basis. The concern with the flooding is both the possible delay to corn planting and the difficulty in getting corn to ethanol facilities. It is reported that several ethanol facilities have had to close down due to the flooding, especially in Nebraska, Iowa and South Dakota......please click PDF to see more details



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Hammersmith Weekly Feed Grain and Protein Report Wk#10

Travelling this week and next so my report may be a tad shorter than usual – I was in Ireland this week both the Republic and the North and then the UK – travelling with Mr.”Cheap Suit” from Washington or Mr. “Costume Pas Cher” in French – actually it sounds better in French. He did dare me to say this in my weekly report – so I did.
All prices in the US moved a little higher this week – corn prices were up by about USD 4 or 5 m/t, soybeans up by close.........please click PDF to see more details



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Hammersmith Weekly Feed Grain and Protein Report Wk#09

Ah the USDA WASDE Report – most of the comments from the trade say that this month’s report was a nothing report or at least it certainly wasn’t a bullish report as had been expected by some in the trade.
US corn ending stocks are higher per WASDE due to lower exports...........please click PDF to see more details 



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Hammersmith Weekly Feed Grain and Protein Report Wk#08

Corn prices were lower this week – down by about USD 5 m/t. An improvement in Brazil weather is said to have been one of the main factors along with the weakness seen in wheat prices. Some of the trade reports at the end of the week were saying that corn prices should be moving higher not lower and that the current slump could be short lived. Corn export prices were feeling the effect of the continued problems in the Ohio and Mississippi rivers which had pushed CIF Nola prices higher.



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