23 May 2022

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Weekly Report

E.g., 23/06/2022
E.g., 23/06/2022
23 May 2022 - Hammersmith
I was at GrainCom 2022 in Geneva this week and didn’t hear any positive reports or see any smiling faces. Most opinions were that come August/September the world grain situation will probably be worse than it is today – this due to Black Sea problems, drought reduced crop yields in Europe and the USA and perhaps India......please click PDF to see more details
18 May 2022 - CFO Exclusive
High rise inventories and ideal fishing so far would threat RMB cash trend indeed….
12 May 2022 - CFO Exclusive
The more fishing the more reducing at RMB cash trend during lockdowns, though currency moves up landed cost….
09 May 2022 - Hammersmith
This week was a down week for corn, soybean and soymeal but an up week for all wheat. Most US corn prices were down by about USD 10 m/t with soybean down by about over USD 20 m/t and soymeal also down by about USD 20 m/t. Wheat was the exception with all prices up between USD 15 and 25 m/t........please click PDF to see more details
02 May 2022 - Hammersmith
Prices in the US were sort of up and down this week – corn finished the week with both old crop and new crop moving about USD 10 m/t higher. Old crop corn remains at about a USD 20 m/t premium over new crop. Soybeans had a relatively quiet week for prices by soymeal did drop by close to USD 20 m/t. Winter wheat was also down quite a bit with Soft Red dropping by about USD 7 m/t while Hard Red was down by closer to USD 15 m/t........please click PDF to see more details
27 Apr 2022 - CFO Exclusive
China has reduced FM cargoes by 14.48% from a year ago but cash trend going up now….
25 Apr 2022 - Hammersmith
USA corn prices were quite steady this week with no softening of prices seen until new crop later in the year. New crop corn prices are indicated at about USD 25 m/t lower than May prices. USA old crop soybeans moved higher by about USD 10 m/t this week while soymeal was quite steady. US winter what was lower on the week by as much as USD 10 m/t, depending on the type, while spring wheat moved higher by USD 6 to 8 m/t........please click PDF to see more details
20 Apr 2022 - CFO Exclusive
Lockdowns remain exist in Shanghai to reduce off-take but top up risks at shipments….
18 Apr 2022 - Hammersmith
This is a long holiday weekend in many countries in the world as Easter is being celebrated in Christian countries. Some countries are closed for both Friday and next Monday with a great deal of variation on which day is a holiday. This weekend we have Christian Easter, Jewish Passover and Muslim Ramadan all occurring at the same time.....please click PDF to see more details
13 Apr 2022 - CFO Exclusive
The remaining lockdown in Shanghai would further reduce and disadvantage fishmeal …..