This month’s China Agricultural Supply and Demand report saw only minimal changes, with food use for corn being adjusted slightly lower.
For corn, the Ministry of Agriculture says growing conditions in the northeast remain positive. It notes that wheat feeding has increased, imports of sorghum and barley are strong, and these have lowered demand for domestic corn.
For soybeans, the ministry saw that farmers have sold nearly all of their old crop soybeans and the physical market is slow.
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