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.

Black Sea Grains Corridor Extended for At Least 60 Days

  • Russia claims the Black Sea Corridor has been extended for 60 days.
  • Other signatories claim the extension is for 120 days.
  • Russia has proposed a potential export ban for wheat and sunflower products.

Alberto Carmona

1 year ago

3 min read

USA Makes Large Corn Sales to China

  • 600k tonnes sales reported for 4 consecutive days.
  • Black Sea grains corridor extended.
  • Worst Argentine corn crop in 22 years.

Alberto Carmona

1 year ago

2 min read

2023 Crop Prospects Weigh On Grains Prices

  • Larger grains crops expected in 2023.
  • Corn sell off after poor export inspections in US.
  • Wheat under pressure with favorable US weather and ample Black Sea supply.

Alberto Carmona

1 year ago

2 min read

USDA Corn Forecast Drives Corn Market Lower

  • The USDA forecast a 3% increase in American corn plantings in 2023.
  • They also forecast higher corn stocks this year.
  • EU wheat seems to have survived the winter without frost damage.

Alberto Carmona

1 year ago

3 min read

Grains Markets Watch South American Weather

  • Brazilian soybean harvest slow at 15.4% done vs 25% last year.
  • Brazil first corn crop at 11% vs 17.5% last year.
  • Argentine rains not sufficient for good corn development.

Alberto Carmona

1 year ago

3 min read

Rains Delay Brazil Soybean Harvest

  • Brazil soybean harvest 5.2% complete vs 11.6% last year.
  • Rains have disrupted harvesting so far.
  • This is also delaying the safrinha corn plantings.

Alberto Carmona

1 year ago

2 min read

Russia Slows Grains Exports from Black Sea

  • Delays to Ukrainian grains exports due to slow vessel inspections.
  • Reports of a 45 day wait after Russia slows inspection process.
  • Appears to be move from Russia to prioritise their own wheat exports.

Alberto Carmona

1 year ago

4 min read

Grains Markets Adapt To Heavier Supply

  • Russia has suggested they could limit corn exports to avoid low stocks.
  • But otherwise corn and wheat feel well-supplied.
  • Russia has also harvested an all-time record amount of wheat.

Alberto Carmona

1 year ago

3 min read