21 May 2018

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Weekly Report

E.g., 21/06/2018
E.g., 21/06/2018
29 Aug 2017 - CFO Exclusive
The appreciating currency of RMB and the climbing up fishmeal stockpiles at main ports may influence…
28 Aug 2017 - Hammersmith
We had a down week for corn and wheat prices again this week while soybeans and soymeal were the steady items in the market. Corn price dropped by about USD 5 m/t while winter wheat prices were down by USD 3 to 4 m/t. Some experts are saying that the US corn crop condition is such that yields could end up below what the USDA has forecasted but the early corn inspection results seem to show that yield should be abut that the USDA has said or even a little higher in some areas. So, it is really tough to know exactly where the yields will be but they certainly don’t look to be at all bad. The current crop tour has estimated that yield will be below the USDA level – but only a little.........please click PDF to see more details
22 Aug 2017 - CFO Exclusive
The ceiling of the cash trend of China fishmeal would be slowing down due to RMB keeps its appreciating…
21 Aug 2017 - Hammersmith
It seemed like a quieter week for grain/oilseed prices this week, especially in the futures market where all looked quite calm – except perhaps for US winter wheat which continued to drop lower in price. Corn prices slipped by about USD 3 m/t on the week for both cash and futures and soybeans did about the same followed by soymeal that dropped a tad. Soft Red Winter wheat was down by USD 9 to 10 m/t with Hard Red Winter wheat lower by USD 10 to 11 m/t. Even spring wheat was down by a couple of dollars but this may just have been in sympathy with winter wheat..............please click PDF to see more details
15 Aug 2017 - CFO Exclusive
Chinese reduces the imported pork cargoes by 13.1% during 1H of 2017…according to MOA China
14 Aug 2017 - Hammersmith
Of course, the big news of the week for the US was the USDA WASDE report and its bearish projections on most everything. The projections were not really all that bearish but they were higher for estimate harvest and yields than most of the private forecasters has expected. The higher than expected yields and crops certainly crashed the market on Thursday........please click PDF to see more details
08 Aug 2017 - CFO Exclusive
There’s an apparent rebound by moving up hundreds of RMB per ton right after the ends of 1st season…
07 Aug 2017 - Hammersmith
It was another down week for prices for US grains and oilseeds – everything was lower. In the futures market, the week ended with corn down by about USD 3 m/t. soybeans down by USD 19 m/t and soy meal down USD 18 to 20 m/t. Even wheat was lower with hard red winter wheat down USD 8 m/t and soft red winter down by close to USD 9 m/t and spring wheat down by USD 8 m/t............please click PDF to see more details
03 Aug 2017 - Hammersmith
It was a down week for grain prices this week – everything was down a little: corn prices were down by about USD 2 m/t, soybeans were down by USD 3 m/t, soymeal down by USD 8 m/t and even soft winter wheat was down by USD 6 m/t and hard red winter down by about USD 5 m/t...........please click PDF to see more details
01 Aug 2017 - CFO Exclusive
Chinese fishmeal users remain thought 85% of achievement is still good to cover…