Sinograin reports corn large purchases in shortened week
From May 6-9 (shortened week due to the May Day holiday), Sinograin had 8 auctions for corn, listing 78.9k tons. Only 15.4k tons were purchased.
There were 14 rounds of purchases with a volume of 518k tons, and Sinograin purchased 506k tons, or 97.7%.
Rotation auctions were small at 90.0k tons, and 73k tons traded.
Futures Recap...