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27 Feb 2017 -
hammersmith
The USDA held its annual Outlook Forum this week and the projections issued at the forum were probably a little positive for wheat and soybeans but even for corn. According to some in the trade there was nothing new for the market to consider or at least not much that will affect current prices.......please click PDF to see more details
21 Feb 2017 -
CFO Exclusive
According to National Society of Industries (SNI), exports of fishery products for DHC generated USD908 million in revenue for 2016 in which there’s a 1.2% of decrement from a year earlier.
20 Feb 2017 -
Hammersmith
It was another week of slipping grain and oilseed prices with soybeans and soymeal being the biggest losers. Soybeans were down by about USD 10 m/t with soymeal following at about USD 5 m/t lower for export. Corn prices were a little lower on the week but we still have the port logistics problems that are keeping the near-term prices at a few dollars premium over shipments a few weeks out. Perhaps it is not really a port logistics problem but more a problem of too much business to load in a short period of time – more of a volume of business problem jacking up export prices a little......please click PDF to see more details.
14 Feb 2017 -
CFO Exclusive
Cash trend of China fishmeal has been weakening down by RMB100-150/ton right after Chinese came back…
13 Feb 2017 -
Hammersmith
The report is a little late this week as my wife and I took advantage of a last minute deal to Cannes and are now enjoying three days on the Med.
Also, I am sending this week’s report from my travelling computer and the weekly report mailing list may not be as up to date as my office computer is.................please click PDF to see more details
07 Feb 2017 -
CFO Exclusive
The practical feeds demands at the breeding in spring and how prospectively Chinese consume fishmeal…
06 Feb 2017 -
Hammersmith
Soybeans and soymeal had an exciting week this week with both moving lower. Soybeans dropped by USD 8 to 10 m/t while soymeal was closer to USD 11 m/t lower. Market reports say that anticipation of wheat next week’s USDA WASDE report has to say caused the weakness. There were some private estimates of soybean production in Brazil and Argentina that suggested that production will not be dropping at all...............please click PDF to see more details
02 Feb 2017 -
Hammersmith
It was a down week for US grain and oilseed prices this week --- not a major down week but just a nice slide lower – especially for soybeans which were lower by about USD 6 m/t followed by soymeal at about USD 5 m/t lower........ pleas click PDF to see more details
24 Jan 2017 -
CFO Exclusive
Gong Xi Fa Cai!! CFO has collected up the most popular dealing range of super prime fishmeal…
23 Jan 2017 -
Hammersmith
As the week ended about the only topic of conversation was Donald Trump as the new President of the US. I was in London this week for a GAFTA meeting and both Trump and the possible effect on 2017 European elections were certainly topics of conversation over lunch and in the hallways. Interestingly, these two topics pushed Brexit into the background in conversations – of course, the people at GAFTA meetings are more international and not all UK oriented........pleas click PDF to see more details
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