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19 May 2020 -
CFO Exclusive
The weakening summer aquatic would not support RMB cash trend at all….
18 May 2020 -
Hammersmith
These days market prices only seem to want to go lower as there just hasn’t been any news in the market to push prices higher. Corn prices did almost nothing on the week while both soybeans and soymeal moved lower by USD 3 to 5 m/t. US winter wheat was quite weak and dropped between USD 8 and 10 m/t........please click PDF to see more details
12 May 2020 -
CFO Exclusive
In the long run the pace of fishmeal shipments determines RMB FM…..
11 May 2020 -
Hammersmith
Looking at news reports this week, it looks like many countries will begin to wind down a little on some of the COVID-19 restrictions. Hopefully, this will work well and not kick off a second wave of infections. My wife and I will not be changing too much in our approach to the situation – we will still be cautious until we see things improving --- after all, we are in the dangerous age group.......please click PDF to see more details
04 May 2020 -
Hammersmith
Corn prices were steady to just slightly lower this week as soybeans tried to run higher.
Corn planting in the US is doing quite well and the thoughts of a good crop but lower demand tried to push prices down. Corn usage for ethanol production is very bad with a drop of about 48% in corn consumption – all of this is known to the market,..........please click PDF to see more details
28 Apr 2020 -
CFO Exclusive
May and June low inventory could float up RMB cash trend …..
27 Apr 2020 -
Hammersmith
There is really no strength in grain/oilseed market prices these days, although this week was more of a neutral week than a down week. Futures prices did drop on Friday but for the week most prices finished the week about where they had been the week before.....please click PDF to see more details
21 Apr 2020 -
CFO Exclusive
Low FM inventory cannot cover up summer aquatic without….
20 Apr 2020 -
Hammersmith
This week was another week of lower prices – corn down by about USD 4 to 6 m/t, soybeans down by USD 10 to 12 m/t, soymeal down by USD 4 to 6 m/t and US wheat down by USD 5 to 9 m/t.......please click PDF to see more details
14 Apr 2020 -
Hammersmith
This week was USDA-WASDE week, but the trade seemed to feel that there were not too many surprises hidden in the report.
The WASDE showed a small increase in corn stocks but overall, there was not much in the way of new and startling corn information reported. There was no strong market reaction to the report – corn prices didn’t do anything much.......please click PDF to see more details.
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