Last week saw a decline in corn purchases by Sinograin and a slight increase in sales volume.
Sinograin had 11 auctions nationally which offered 112k tons of corn. 35k tons were purchased by the market, or a transaction rate of 31%.
Sinograin bid for corn across 18 auctions with a total volume of 357k tons and purchased 334k tons, or 94% of the volume.
There were 15 rotation auctions with a volume of 248k tons and transactions of 192k tons, or 77%....