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17 Jan 2022 -
Hammersmith
Monday is a holiday in the USA with all grain markets and most companies closed for the day.
This week was a down week for most everything as markets adjusted to all the USDA WASDE details and the world Covid situation. USA corn prices dropped by close to USD 5 m/t with US soybeans down by around USD 15 m/t and.......please click PDF to see more details
11 Jan 2022 -
CFO Exclusive
Less FM cargo arrivals would support RMB cash market till ….
10 Jan 2022 -
Hammersmith
It was a very strong week this week for soybeans/soymeal with prices up by as much as USD 25 m/t for both. Corn too was higher but only by about USD 5 m/t. Wheat prices were lower for both US winter and spring wheat with Soft Red Winter down by about USD 5 m/t and Hard Red Winter down by close to USD 10 m/t. Spring wheat was down even more by at least USD 15 m/t.
04 Jan 2022 -
CFO Exclusive
The reducing inventory would be keeping exist to maintain cash …..
03 Jan 2022 -
Hammersmith
So here we are on the first day of 2022 and the year ended with soybeans up by 41% in 2021, corn up by 52%, soymeal up by 38%, hard red winter wheat up by 65%, soft red winter wheat up by 38%. I don’t think that anyone in the trade is expecting that the same overall rate of price increase will be seen in 2022.......please click PDF to see more details
28 Dec 2021 -
CFO Exclusive
The uncertain cargoes could further move up RMB cash market till……
21 Dec 2021 -
CFO Exclusive
Inventory keeps high level at ports to go through year-end and Chinese….
20 Dec 2021 -
Hammersmith
This week seemed to be a little quieter than usual – perhaps due to upcoming holidays. For some, next week will only be a three day work week for Christmas followed by another short week for New Year. It is expected that new business will slack off quiet a bit and that the futures market daily volumes will be lower.......please click PDF to see more details
14 Dec 2021 -
CFO Exclusive
Stockpiles at ports exceeding 1.43 times of 5-year-long ……
13 Dec 2021 -
Hammersmith
This week was USDA WASDE week and it seemed to be much of a non-event – there were no real surprises in the report and the market just went on trading facts rather than projections.
For the week, we had weakness in USA winter wheat prices while US soymeal surged higher. USA corn and soybeans had a quiet week for a change..........please click PDF to see more details