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30 Sep 2025 -
CFO Exclusive
RMB cash trend sharply up though next anchovy fishing shows uncertain…
29 Sep 2025 -
Hammersmith
USA corn prices were almost unchanged this week, perhaps up a dollar or two m/t. Soybeans slid a little lower for the week and were down by about USD 4 m/t while soymeal dropped by close to USD 10 m/t. All USA wheat was pretty much unchanged at the end of the week perhaps up or down by a dollar or so per m/t......please click PDF to see more details
24 Sep 2025 -
CFO Exclusive
Apparently reducing fishmeal inventory brought by replenishment and holidays in October…
22 Sep 2025 -
Hammersmith
USA corn prices were lower by USD 3 m/t this week with soybeans lower by at USD 8 m/t and soymeal down by close to USD 5 m/t. Both US winter and spring wheats were lower this week with hard red winter down by almost USD 3 m/t with hard red spring down only a dollar or two m/t. .....please click PDF to see more details
17 Sep 2025 -
CFO Exclusive
RMB cash trend moves up due to strong China live pig and replenishment..
15 Sep 2025 -
Hammersmith
This was WASDE week and there were some surprises in the report.
Looking at prices, US corn finished the week up by about USD 5 m/t while US soybeans were up just over USD 7 m/t and soymeal up by almost USD 5 m/t. US winter wheat was also up by about ........please click PDF to see more details
10 Sep 2025 -
CFO Exclusive
Replenishments move up demands and weekly off-take though users look down cash trend…
08 Sep 2025 -
Hammersmith
Corn had an active week for prices with up and down days but finished the week almost unchanged. Soymeal prices moved about USD 10 m/t lower with soymeal down by USD 5 m/t. USA winter wheat was down by about USD 6 m/t while spring wheat prices dropped by about USD 4 m/t.......please click PDF to see more details
05 Sep 2025 -
US Grains & BioProducts Council -- USGBC
A U.S. sorghum crop forecasted at 9.9 million metric tons is currently being harvested creating a tremendous buying opportunity for feed grain buyers around the world. Currently, U.S. sorghum is priced at $193.69/MT FOB Texas Gulf, whereas U.S. corn was priced at $201.96/MT FOB NOLA. That’s a discount of $8.27/MT. (https://grains.org/wp-content/uploads/2025/08/08282025MP.pdf).
A buyer who buys a 35,000 MT vessel of U.S. sorghum is saving $289,450 per vessel at these prices.
Some advantages of U.S. sorghum include:
It is low in tannins
Comparable feed value: Sorghum delivers nearly the same energy as corn for poultry, swine, and cattle, with slightly higher fiber and lower fat.
Non-GMO
For more information, here are some links to some publications:
Sorghum Harvest Quality Report: https://grains.org/wp-content/uploads/2025/03/2024-2025-USGBC-Sorghum-Quality-Report.pdf
Animal Feed Guides: https://www.sorghumcheckoff.com/industry/livestock-feed/
Petfoods: https://www.sorghumcheckoff.com/consumers/pet-food/
Aquaculture: https://www.sorghumcheckoff.com/industry/aquaculture/
03 Sep 2025 -
CFO Exclusively
High or low fishmeal inventory would determine cash trend in rest Q3.
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