Corn auctions see Sinograin procurement continue to shrink

Last week, Sinograin had 16 auctions of corn, with 115k tons listed and 49k tons, or 42%, purchased by the market. There were 3 rounds of corn procurement. The listed volume was 16k tons, with all of this being purchased. There were 17 rounds of reserve rotation auctions. The listed volume was 243k tons, with 196k tons, or 81% traded....

 

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