In its March China Agricultural Supply and Demand Estimates (CASDE) report, the Ministry of Agriculture kept its corn production balance sheet unchanged. It notes strong corn demand from feed and corn processors, with prices rising, and higher trading in the spot market. It also notes that the remaining stocks of corn stored by farmers are limited.
The soybean balance sheet was also unchanged. The ministry says that the stocks of domestic soybeans are declining, with farmers and traders willing ...