Markets were mostly higher to start the week, with No.2 imported soybeans trading to the highest level since May 21. Meal and oil prices also followed the move higher. Corn prices failed to hold the previous support level of 2300 yuan per ton and fell by nearly 1% on higher volume and growing open interest.… Continue reading Futures Recap
Author: Darin Friedrichs
National Bureau of Statistics Price Update
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Protein Price Update sees piglet prices continue to fall
Piglet prices continued to fall last week, down another 2.8% year on year, and down 40.4%. In the Ministry of Agriculture price series going back to September 2018, this is basically tied with the lowest price for piglets, which was 21.59 yuan per KG in February 2019. Egg prices also reverted, down 2.8% for the… Continue reading Protein Price Update sees piglet prices continue to fall
July forecast positive for north and northeast, but risks increase for northwest
In June, the national average temperature in China was 20.7°C (69.3°F), which was 0.4°C (0.7°F) higher than normal. In the northwest, temperatures were 1-6°C (1.8-10.8°F) higher than normal, while in the northeast and eastern Inner Mongolia, temperatures were 1-4°C (1.8-7.2°F) lower than normal. The national average precipitation was 95.6mm (3.76 inches), which was 3.3mm (0.13… Continue reading July forecast positive for north and northeast, but risks increase for northwest
Next typhoon brings risks to crops in northern China
Temperatures were mixed last week, with areas of the southeast and south being colder than normal, while much higher temperatures continued in the northwest. Conditions in the northeast remained generally good, with most areas seeing rainfall and temperatures slightly above normal. Some areas of central Jilin and most of Liaoning saw cloudy weather with little… Continue reading Next typhoon brings risks to crops in northern China
China’s Ministry of Commerce mentions US tariff reductions
China’s Ministry of Commerce said the US and China “agreed in principle” to reduce agricultural products in reciprocal tariff reductions as part of trade negotiations. During a press briefing on Friday, the ministry said both sides had the goal of expanding two-way agricultural trade, and that reductions in tariffs for agricultural products are part of… Continue reading China’s Ministry of Commerce mentions US tariff reductions
Risk to seed corn production as extreme temps hit key region
Zhangye, Gansu, accounts for about 45% of China’s corn seed production and has seen extreme temperatures and lower rainfall during a key period of crop development. Corn crops in the region are currently in the tasseling, flowering and pollination stage, that is a key period of crop development. Since June 25, temperatures have been 2-4°C… Continue reading Risk to seed corn production as extreme temps hit key region
Henan cash prices; futures recap
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Hog Update – Text – June 2026
Summary Prices remained under pressure in June but rallied into the end of the month following new and stricter capacity reduction rules from the central government. Beijing has taken a much harder line towards both companies and provinces to reduce overcapacity in the industry. Policy In May, the Ministry of Agriculture cut the target breeding… Continue reading Hog Update – Text – June 2026
Hog Update – 2026-07-02
Hogs Update – June 2026 – Sitonia ConsultingDownload… Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com Please login to view this page.