Author: Darin Friedrichs

Brazilian soybean shipments to China increased last week to 1.5 million tons, while shipments from the US fell slightly to 598k tons. On Wednesday, USDA reported a flash sale of 470k tons of US soybeans to China. Reuters also reports that Chinese state-owned companies purchased 8-10 cargoes of US soybeans this week for shipment from… Continue reading Brazil soybean shipments to China increase; USDA reports new flash sales

Harvest has progressed quickly, with the autumn harvest now over 60% complete as of October 13. The north and northwest are over 70% complete, the northeast and the Yangtze River Delta regions are over 50% complete, and southern China is nearly 30%. The harvest pace is slightly faster than normal, with favorable weather conditions allowing… Continue reading Harvest reaches over 60% complete

In September, consumer prices rose by 0.9% year on year, up slightly from the rate of increase in August. Prices in the food, tobacco, alcohol, and dining out category decreased by 0.9% year on year, contributing a decline of 0.26 percentage points. Meat prices decreased by 3.7%, contributing a decline of 0.15 percentage points. Pork… Continue reading Consumer prices rise 0.9% year on year in September

Soybean imports in September were 11.88 million tons, down 2.2% from August, and down 7.7% year on year. Soybean imports in 2025/26 were 111.51 million tons, up 2.0% year on year.

Wheat prices in Hubei were lower last week on the arrival of the new corn crop. Hubei’s grain stockpiling agency notes that large state-owned companies in the northeast have begun to purchase corn. Because the quality is good this year, the prices are slightly higher than the market expected. This has caused some wheat traders… Continue reading Wheat prices in central China lower on arrival of new crop corn

On Tuesday, Sinograin held the latest round of soybean reserve auctions. 518k tons were available. 201k tons, or 41%, were purchased by the market. The average price was 4,298 yuan per ton, down 42 yuan per ton compared to the previous auction on September 28.

In its monthly China supply and demand estimates, the Ministry of Agriculture cut its feed estimate for 2025/26 by 9.4 million tons and raised its estimate for industry demand by 4 million tons. The reduction in feed demand was attributed to the increased consumption of alternative feeds. It slightly cut feed demand for 2026/27 but… Continue reading CASDE cuts soybean production and corn feed demand