Author: Darin Friedrichs

In Wednesday’s national wheat auction, Sinograin listed 800k tons of wheat, with 93% of this being purchased by the market. The average price was 2398 yuan per ton, down 43 yuan per ton compared to last week. Since the start of the auctions, 3.6 million tons have been listed, with 3.0 million tons being purchased… Continue reading Strong wheat auction results but prices decline

I was talking to a journalist yesterday about the situation in China’s hog market for a story they were writing. At one point, they asked why China even cares about overcapacity in the hog industry? These hog companies expand too much, some go out of business, and in the meantime, consumers get really cheap pork.… Continue reading Why does China want to reduce overcapacity in the hog industry anyway?

Spread Update 2026-03-25Download…   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.

Hog futures continued to fall sharply on Monday. Prices have declined 10.3% over the past week and have fallen for six consecutive days. The selling has now affected the stock prices of companies in the industry, with Muyuan’s stock falling by 8.6% on Monday, and many other companies seeing prices sell off by over 5%.… Continue reading Hog producer stock prices fall and government stockpiling begins

Temperatures were mixed to slightly higher over the past week. Conditions were generally good for winter wheat regions, with temperatures slightly above normal and minimal rains. Further south, areas around the Yangtze River saw heavy rain, with most areas seeing 50mm of rainfall, and some areas receiving over 100mm. These heavy rains have led to… Continue reading Weather warning for heavy rains in southeast China

In the first two months of 2026, barley imports were 2.2 million tons, up from 1.7 million tons for the same period in 2025. The origins remain relatively similar, with Australia accounting for 80% of imports, compared to 68% of imports in Jan-Feb 2025. Corn imports were 545k tons, up from 177k tons in Jan-Feb… Continue reading Customs data by country