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.

September WASDE Confirms Smaller US Corn Crop

  • USDA adjustments to US corn crop already expected by traders.
  • EU corn crop also affected by hot and dry weather.
  • Fears Ukraine grain corridor might be disrupted.

Alberto Carmona

2 years ago

3 min read

Hot Weather Advances EU Harvest

  • Corn harvesting begins early in France and Ukraine.
  • Pro Farmer crop tour indicates lower than expected US corn crop.
  • US corn condition falls for the 4th week in a row.

Alberto Carmona

2 years ago

3 min read

European Heatwave Hit Corn Yields

  • EU lowers corn yield forecast to 16% below 5-year average.
  • US yields might be below USDA forecasts.
  • Corn futures have rallied in the last week.

Alberto Carmona

2 years ago

3 min read

Grains Fall As Vessels Leave Ukraine

Opinions Focus 

  •  Grains vessels are finally sailing from Ukraine.
  • French corn production estimated 18.5% below last year as water crisis declared. 
  • China could buy less US Grain as tensions mount.  

Alberto Carmona

2 years ago

3 min read

Ukrainian Grain Export Resumption Under Threat

  • Attack on Port of Odessa lowers hopes of Ukrainian grain exports resuming. 
  • Concerns about corn demand as Chinese imports down 38% on last year.  
  • Lower global grain production due to the extreme heat in Europe.  

Alberto Carmona

2 years ago

3 min read

Corn Falls As Exports Allowed From Ukrainian Ports

  • Ukraine, Turkey, Russia and the UN reached an agreement to allow agricultural exports from Ukrainian sea ports. 
  • But there is a risk that grains rally if the deal is not signed in the coming weeks. 
  • Very hot dry weather in Europe is still a concern for corn and wheat crops.  

Alberto Carmona

2 years ago

4 min read

Grains Higher as Hot Dry Weather Hits Europe

  • Solid weekly gains for grains despite USD rally. 
  • Fears of lower Chinese corn demand after 5 Soybean cargoes washed out. 
  • Rumours of a first vessel heading to Turkey out of Odessa, Ukraine.  

Alberto Carmona

2 years ago

3 min read

Corn and Wheat Supply Pressure Eases

  • Corn and wheat prices traded lower this week. 
  • Favourable weather is boosting corn and wheat production in Russia, Brazil and the rest of Europe. 
  • The latest USDA report showed corn and wheat stocks higher than expected.  

Alberto Carmona

2 years ago

3 min read

High Wheat Prices Here To Stay

  • Talks of a potential safe corridor to export Ukrainian grains intensified last week. 
  • Last week’s price correction may trigger consumer buying. 
  • Early European wheat yields are well below average.  

Alberto Carmona

2 years ago

5 min read

Corn Rallies on Dry Weather in US and Europe

  • Corn crops at risk from hot and dry weather in Europe and US 
  • 20m tonnes of grains and oilseeds are stuck in Ukraine 
  • A safe corridor for Ukrainian exports by sear doesn’t look likely any time soon  

Alberto Carmona

2 years ago

3 min read