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24 Oct 2022 -
Hammersmith
Looking at the numbers, it seemed to be a quiet week this week. Corn prices were a couple of dollars lower while soybeans were able to move USD 4 m/t higher with soymeal up by USD 4 to 6 m/t. Even wheat prices were reasonably quiet with US spring wheat up by about USD 3 m/t and winter wheat down by zero to USD 3 m/t depending on the type – hard or soft......please click PDF to see more details.
18 Oct 2022 -
CFO Exclusive
Cash trend keeps up not brought by blooming demands….
17 Oct 2022 -
Hammersmith
Corn, soybeans and soymeal all moved higher this week while US wheat prices moved lower. Corn and soybeans did move lower on Friday but were still higher on the week while the big drop in wheat prices on Friday wiped out price gains in wheat earlier in the week......please click PDF to see more details
12 Oct 2022 -
CFO Exclusive
Currency issue would take lead to move RMB cash trend in Q4….
10 Oct 2022 -
Hammersmith
Seems like a reasonably quiet week for everything except US wheat this week. US corn prices moved up by only and USD 3 m/t with soybeans up by about USD 2 m/t while soymeal prices ranged from up USD 2 to down USD 2 m/t. US winter wheat was down by USD 8 to 12 m/t while spring wheat dropped by about USD 4 m/t…....please click PDF to see more details
03 Oct 2022 -
Hammersmith
Well, it was quite a down week for soybeans and soymeal as both were down by at least USD 20 m/t. Much of the loss in soybean/soymeal is due to the higher ending stocks for US soybeans and the expected record Brazil soybean crop. Put those two factors together with concerns over China’s 2023 buying of soybeans and suddenly everything looks bearish for beans and meal......please click PDF to see more details
29 Sep 2022 -
CFO Exclusive
Cash trend remains steady during Oct 1 the National Day holiday, but inventory would go up soon….,
26 Sep 2022 -
Hammersmith
USA wheat prices were higher on the week while soybeans were lower and corn finished the week with no real change in prices.
Reading the trade reports at the end of the week the feeling seems to be that the drop in prices on Friday for most commodities was due more to economic worries.......please click PDF to see more details
21 Sep 2022 -
CFO Exclusive
Stockpiles would go up to further reduce RMB cash trend in Q4….
19 Sep 2022 -
Hammersmith
US soybeans and soymeal were the strongest markets this week with soybeans moving up by about USD 12 to 15 m/t and soymeal up by about USD 12 m/t. US corn prices dropped by a couple of dollars m/t while what prices ranged from down USD 4 to up USD 2 m/t depending on the type.....please click PDF to see more details