Author: Darin Friedrichs

Urea prices in China are stable to slightly lower this week on government and industry guidance to keep prices stable. Prices were stable, or down 10-20 yuan per ton, with Anhui around 1800 yuan per ton, and most prices under 1850 yuan per ton. Several fertilizer sources are reporting that exports of phosphate and fertilizers… Continue reading Urea prices stable to lower as government enforces guidance

Brazil loaded 2.2 million tons of soybeans to China last week, up slightly from the week before. US shipments picked up slightly out of the PNW but were stable from the Gulf. Since the start of the year, Brazil has loaded 11.1 million tons of soybeans to China, up 1% compared to this time last… Continue reading Brazil soy shipments to China still above 2MMT/week

Wheat prices in Hubei were up 10 yuan per ton over the past week to the highest level since July 2024. Part of what is driving higher wheat prices is increased demand for feed. Large feed companies are reportedly purchasing wheat at 2580-2640 yuan per ton, up 40-60 yuan since the start of the month.… Continue reading Wheat prices continue higher to key level

I’ve added two new dashboards to the data website for imports and exports. These require a login, so if you have any trouble logging in, just send me an email. China Ag Import Dashboard China Ag Export Dashboard The dashboards have monthly data, yearly totals, calculated CNF and FOB prices, and the market share of… Continue reading New website dashboards for trade data

Temperatures in agricultural areas were 1-4C higher than normal over the past week. Weather conditions were generally good in winter wheat areas in northern China, with some light rainfall, and temperatures close to average. 44% of Henan has excessive soil moisture, but this is down from 52% last week. 37% of Shandong has excessive soil… Continue reading Excess soil moisture declines in wheat regions

At the end of last week, the price of whole hog carcasses at Beijing’s Xinfadi wholesale market was 12.90 yuan per KG, down 4.8% on the week, down 16.8% over the past month, and down 25.2% over the past year. This is the lowest average price at the market since May 2018. Demand from the… Continue reading Hog prices fall to lowest level since before African Swine Fever

For the upcoming national reserve wheat auction, Sinograin has increased the volume to 500k tons, up from 300k tons previously. It has also loosened rules on participation. Since Sinograin restarted the auctions this year, the four auctions in January had listed volumes of 200k tons each week. The amount purchased was relatively strong, with 70%… Continue reading Sinograin increases volume for wheat auctions; changes participation rules

Guangdong province announced that the hog:corn price ratio in the province had now reached the First-Level warning range for excessive decline. The hog:corn price ratio is monitored by the government as a measure of excessive rises or declines in hog prices, and the financial state of hog operations. In Guandong, this has reached 4.67:1, which… Continue reading Hog price fall and corn rally triggers government warnings