The live hog price in China is expected to remain in a downward trajectory as selling pressure piled up amid an oversupplied outlook, the Chinese state planner said. At the end of last week, live hog prices in China slipped 0.75% week on week to 18.61 yuan/kg (US $2,922/ton), data from China’s National Development and… Continue reading Bearish hog price to linger in coming weeks
Author: Darin Friedrichs
Weekly breakdown – Corn prices, wheat auctions, crop condition; US net sales to China
Weekly breakdown Poor weather supports corn prices Corn prices in China were relatively stable to end the week with…
China farmer sales strong amid record 2021 harvest, state reserve auction lags
Farmer selling in China progresses at a strong pace but auctions lags behind as…
Key China takeaways from December Wasde & Casde
US pork stocks to rise as China buys less, China books more sorghum…
Seed tech is the new chip; China CPI; Covid whistle blowing
Equity prices for agricultural science and technology companies in China surged, Consumer inflation indicator in China rose in November…
The Big Read: A crossroad for China’s corn market
In recent years, China has gone from a relatively small player in the international corn market to be the world’s biggest importer, bringing in 29.5 million tons during the 20/21 marketing year. This volume easily eclipsed the previous leaders Japan (15.5m tons) and Mexico (16.5m tons). China just harvested its largest ever corn crop at… Continue reading The Big Read: A crossroad for China’s corn market
China buys more 2022 new crop soy, corn quality uncertain, food inflation to rise
Chinese buyers booked more cargoes from Brazil for new crops, and the quality of corn crops in China remained…
Why is China hog futures slumping during a “peak demand” season?
Eleven months after the debut of hog futures trading in China’s Dalian Commodity Exchange (DCE), the main contract had lost more than half of its value this year, trading at 14,560 yuan/ton ($2,293/ton) on Wednesday. Despite a sharp rebound of 30% off the record low of 13,365 yuan/ton ($2,105/ton) during October 2021, the contract broke… Continue reading Why is China hog futures slumping during a “peak demand” season?
Supply chain risks, rising wheat, and soy buying slows
New covid cases reported in key Chinese coastal city, fertilizer productions in China lag…
China Nov. soybean imports hit three-month high, 2021 total to hit new high
China’s total soybean imports in November this year rebounded sharply to 8.57 million mt after sliding for two consecutive months as delayed cargoes arrived. The imported volume last month was up more than 67% from the previous month, but it was still more than 10% lower than the volume cleared in November 2020, according to… Continue reading China Nov. soybean imports hit three-month high, 2021 total to hit new high