Futures Recap

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Brazil exports to China

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Brazil shipping corn to China and soybean exports increase

Brazil soybean shipments to China ticked up last week at 2.3 million tons. Since the start of the year, Brazil has shipped 60.3 million tons to China, up 3.9% year on year, based on lineup data. Corn shipments from Brazil to China have resumed with 142k tons shipped last week, and at least another 300k… Continue reading Brazil shipping corn to China and soybean exports increase

Large hog breeder suspends expansion plan citing new capacity controls

Shennong Group announced it was suspending plans for a piglet operation in Guangxi that had an initial planned investment of 120 million CNY ($17.7m USD) and was expected to produce 180k piglets per year. The plan was announced in June 2025, with the company expecting to invest 550 million CNY ($81.2m USD) across three operations… Continue reading Large hog breeder suspends expansion plan citing new capacity controls

Futures Recap

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Corn purchases by Sinograin remain small but rotations steady

Last week, there were 17 Sinograin corn auctions with a listed volume of 163k tons. 27k tons, or 16.3%, was purchased by the market. Corn procurement remains minimal. There were 7 rounds of corn procurement. The listed volume was 20k tons and 8k tons, or 41.2%, was purchased. There were 15 rounds of reserve rotation.… Continue reading Corn purchases by Sinograin remain small but rotations steady

Latest typhoon brings heavy rainfall to large areas, while heat continues in western regions

Temperatures in most agricultural areas were 1-4C (1.8-7.2F) higher than normal last week, while Xinjiang, Gansu, and Sichuan continued to see much higher temperatures that were 4-6C (7.2-10.8F) higher than normal. In the northeast, rainfall was heavy in many regions, leading to excessive soil moisture and waterlogging of fields in eastern Heilongjiang, central Jilin, and… Continue reading Latest typhoon brings heavy rainfall to large areas, while heat continues in western regions

Soy & corn conditions generally good in Heilongjiang, but summer weather risks continue

Weather conditions for new crop corn are causing some challenges for corn and soybeans in Heilongjiang, but these have mostly been limited to low-lying areas that have seen excessive rainfall. Most farmers report that the overall growth is generally good, but the market is watching weather forecasts closely, with more thunderstorms expected this week. For… Continue reading Soy & corn conditions generally good in Heilongjiang, but summer weather risks continue

Ag Min announces new policies for seed industry development

On Monday, the Ministry of Agriculture announced a new policy meant to protect intellectual property in the seed industry as part of the government’s efforts for seed industry revitalization. The law covers new varieties of seeds that have new traits but are derived from an existing registered seed. It requires companies to receive permission from… Continue reading Ag Min announces new policies for seed industry development