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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
14 Sep 2022 -
CFO Exclusive
RMB cash market steps down by weakened economic results and expanded inventory….
13 Sep 2022 -
Hammersmith
Many year’s ago, when I was very young, our entire family stood out in a blizzard in Calgary, Alberta to catch a glimpse of Princess Elizabeth and Prince Philip on their first visit to Canada --- we cheered and waved as they drove by and they smiled and waved back. The date was October 19 1951 and in less than a year she was Queen Elizabeth.......please click PDF to see more details
07 Sep 2022 -
CFO Exclusive
Drought, lockdowns and poor economic index reduce RMB cash trend….
05 Sep 2022 -
Hammersmith
Monday is a holiday in the USA so the grain/oilseed markets should start the week on the calm side.
Soybeans and soymeal had another tough week with prices moving up and down........please click PDF to see more details
31 Aug 2022 -
CFO Exclusive
Going down cash trend seems irrelatively with depreciating currency of RMB….
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