Chart of the Day: Henan Cash Prices
Cash prices for wheat in Henan have continued to move higher. Corn prices have also seen strength as farmers are reluctant to sell and the selling pace is slower than last year.
This has kept the price spread between corn and wheat mostly stable in recent months.
Edible oil futures rebound sharply amid short-covering, higher crude
Domestic futures for edible vegetable oil spiked on Tuesday despite a weaker outlook for demand in China, as short-coveri...