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10 Jun 2024 -
Hammersmith
It was another exciting week in the grain/oilseed business. Soybeans/soymeal were down strongly on the week as were all types of US wheat. Much of the drop in wheat prices was said to be due to Turkey stopping wheat imports for 4 months. Soybeans were lower on a drop in China buying ......please click PDF to see more details
04 Jun 2024 -
CFO Exclusive
Higher inventory would be seen soon to reduce RMB cash trend….
03 Jun 2024 -
Hammersmith
Well, that was quite a down week wasn’t it – US corn prices down by about USD 8 m/t, soybeans down by a big USD 15 m/t, soymeal down by more than USD 20 m/t. US winter what down by as much as USD 7 m/t with spring wheat down by about USD......please click PDF to see more details.
28 May 2024 -
CFO Exclusive
Summer breeding would be mostly supported by live pig industry since later Q2…
27 May 2024 -
Hammersmith
Monday is a holiday in the US this week – Memorial Day --- so grain exchanges and companies will be closed.
This week showed a lot of strength in US soybeans/soymeal and wheat as soybeans moved up by USD 10 m/t and soymeal by at least USD ..........please click PDF to see more details
21 May 2024 -
CFO Exclusive
FM inventory keeps high till receipt of newly arrival of cargoes from 1st season..
20 May 2024 -
Hammersmith
USA old crop soybean prices were higher again this week as demand seemed to run ahead of supply before we see the new crop. US soybean prices for old crop were up as much as USD 7 m/t with new crop only up be a dollar or so. Soymeal prices were down by USD 5 or 6 m/t........please click PDF to see more details
14 May 2024 -
CFO Exclusive
Fishmeal inventory would keep high to reduce RMB cash trend till summer…
13 May 2024 -
Hammersmith
This week was WASDE week was not a major surprise to the industry although the grain futures markets reacted more than one would expect from the report info.
Looking at the end of the week, corn prices in the US were up by about US$ 4 m/t with soybeans up by US$ ......please click PDF to see more details
07 May 2024 -
CFO Exclusive
Better fishing indicates sufficient FM supply and a likely downtrend in RMB…
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