Alberto Carmona

Graduated at the University of Seville (Spain) and University of Paderborn (Germany) with a Bachelor in Economics and Business Administration and an Executive MBA from Institute San Telmo (partner school of IESE). Worked in Abengoa Bioenergy from 1999 through 2017 when I founded NixAl Commodities, an Ethanol boutique focused on market intelligence, risk management and engineering. Professional background in financial and commercial activities, promoting and financing renewable energy projects in Europe, Brownfields and Greenfields. I have been active in the international development of Bioethanol since 2001 having lived and worked in The Netherlands, Brazil and U.S., the three main markets, while leading global trading operations, risk management and lobbying.

Corn Crop Varies Across US & EU, Wheat Unchanged

  • No surprises are expected on the Wheat front.
  • US Corn condition worsened 3 pts to 53% good or excellent vs. 54% last year.
  • French Corn is 80% in good or excellent condition and Corn harvesting in Ukraine has started.

Alberto Carmona

7 months ago

3 min read

Extreme Weather Impacts Corn And Wheat Harvests

  • Low Mississippi water levels are putting pressure on Chicago Corn.
  • September’s WASDE should clarify any changes to corn yields.
  • Brazil rains expected to delay harvesting pace.

Alberto Carmona

7 months ago

3 min read

Static Corn Prices During American Heatwave

  • Chicago Corn prices remain broadly unchanged on the week.
  • Heatwaves and droughts continue to rage in the US.
  • Meteorologists and farmers worry about crop conditions.

Alberto Carmona

7 months ago

3 min read

Ukraine War Continues to Drive Grains Markets

  • Corn and wheat markets nervous over Black Sea grains flows.
  • A Russian export terminal caught fire last Friday.
  • Ukrainian corn yields are high, offsetting lower acreage.

Alberto Carmona

7 months ago

4 min read

Bearish Tone For Corn After WASDE

  • US corn ending stocks higher than expected.
  • Volatility around Black Sea disruption continues.
  • Bearish signals from WASDE report.

Alberto Carmona

8 months ago

5 min read

Grains Markets Fall Sharply

  • Favorable weather in the US hits grains markets.
  • Wheat harvest selling pressure may have contributed.
  • Black Sea exports remain heavily disrupted.

Alberto Carmona

8 months ago

4 min read

Black Sea Grains Exports Continue to Attract Attention

  • Russia has pulled out of the Black Sea Grains Corridor.
  • It has since bombed Ukrainian port infrastructure.
  • Market attention will now focus on how successfully Ukraine can ship grain.

Alberto Carmona

8 months ago

3 min read

USDA Surprises Grains Market

  • USDA estimate corn plantings grew 2m acres this year.
  • Corn futures fall 12% in the week.
  • Soybeans rallies on lower stocks and acreage.

Alberto Carmona

9 months ago

5 min read

Dry Weather Concerns for Corn Crops

  • Dry weather in the US leads to deterioration of corn crop.
  • Dry weather in EU may be hitting wheat production.
  • Very slow vessel inspections in the Black Sea corridor.

Alberto Carmona

9 months ago

4 min read

American Corn Planting All But Complete

  • US corn plantings at 96% vs 93% a year ago.
  • 85% has emerged vs 76% last year.
  • However, only 64% is in good/excellent condition vs 73% last year.

Alberto Carmona

10 months ago

4 min read