Heilongjiang’s reserve bureau continues to note that farmers have more of a preference for planting corn this year due to higher prices. This has been supportive for land rents, and farmers will have higher price expectations due to the increase in land costs and more expensive inputs.
Over the past week, the province has seen rain and snow combined with lower-than-normal temperatures. This is leading to a slight delay in spring planting, but it’s still expected that planting will be mostly comp...