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20 Nov 2023 -
Hammersmith
Other than the drop in wheat prices this week it looked much like a quiet week.
The weakness in wheat prices is related to forecasted high supplies of wheat in most exporting countries --- all forecasters are suggesting very high world wheat stock ....please click PDF to see more details.
14 Nov 2023 -
CFO Exclusive
Fishing keeps proper progress but making downtrend at standard grade….
13 Nov 2023 -
Hammersmith
There was not a huge change in prices this week as a result of the latest USDA WASDE report. Corn prices were seen to be about USD 5 lower on the week with soybeans almost unchanged while soymeal moved another USD .......please click PDF to see more details
07 Nov 2023 -
CFO Exclusive
Quiet FM off-take and strong other resources to reduce cash trend in Nov…
06 Nov 2023 -
Hammersmith
As usual, soybeans and soymeal moved higher again this week while both corn and wheat finished the week with mainly unchanged prices. Friday was a strong day for futures prices......please click PDF to see more details
31 Oct 2023 -
CFO Exclusive
RMB cash trend goes down when fishing looks good in the beginning…
30 Oct 2023 -
Hammersmith
Except for ever rallying soymeal, all prices drifted a little lower this week. Soymeal was up again by about USD 15 to 20 m/t for end of 2023 shipment but not up as much going into 2024. Corn export prices moved lower by about USD 6 m/t with soybeans also a little lower by USD 2 m/t for 2023 positions. USA winter wheat was down about USD 4 m/t for soft red and USD 8 m/t for hard red with spring wheat down by about USD 5 m/t........please click PDF to see more details
24 Oct 2023 -
Hammersmith
It was no surprise that, after moving higher and higher all week, US soybeans and soymeal both had a weaker day on Friday. Soymeal prices have increased on 8 of the last 10 trading days. While the market doesn’t look much like moving lower many experts can’t understand why soybeans and soymeal are so strong. US soybeans finished the week up by USD 7 m/t with soymeal up by close to USD 30 m/t --- pretty strong markets..............please click PDF to see more details
24 Oct 2023 -
CFO Exclusive
Chinese still needs backup from other resources though 2nd season starts up…
17 Oct 2023 -
CFO Exclusive
Cash trend shows floating status prior to hearing new season news…
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