Commentary – Sitonia Consulting

Futures Recap

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

Henan cash prices; futures recap

Henan cash prices Futures Recap… 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.

Futures Recap

… 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.

Soybean shipments; corn auctions; futures recap

Soybean shipments to China Soybean shipments to China were lower last week at 1.86 million tons, but Brazil has shipped 51.5 million tons to China in 2026, based on lineup data, up 5.7% year on year. Shipments from Argentina were also lower with only 95k tons shipped, and US shipments remained minimal with only 65k… Continue reading Soybean shipments; corn auctions; futures recap

Futures Recap

Auctions; price update; futures recap

Imported corn auctions cool; rice auctions see minimal sales In the fourth round of auctions of imported corn, there was 213k tons listed with 142k tons, or 67%, purchased by the market. The average price was 2216 yuan per ton. The national auctions of rice purchased at minimum reserve prices continue to see weak results.… Continue reading Auctions; price update; futures recap

Rapeseed quality; futures recap

Hubei reports high rapeseed quality despite heavy rains Hubei’s grain stockpiling agency released its 2026 report on rapeseed quality in the province based on 310 samples from 76 counties. According to the report, the quality was similar to last year. The amount of sprouted seeds was 0.4%, up 0.2 percentage points compared to last year.… Continue reading Rapeseed quality; futures recap

Sinograin auctions; futures

Corn auctions continue to see strong Sinograin buying Over the past week, Sinograin held 10 auctions for corn. The listed volume was 102k tons, with 30k tons, or 29% purchased. There were 8 rounds of competitive bidding procurement. The listed volume was 359k tons, with 354k tons, or 99%, being purchased. There were 13 rotation… Continue reading Sinograin auctions; futures

Summer planting; protein prices; futures recap

Summer planting over 60% complete Planting of summer crops is over 60% complete as of June 18, according to the Ministry of Agriculture. In northern China, planting is nearly 80% complete, in the Yangtze River Delta, it is nearly 40%, the southwest is over 60%, and the northwest is over 50% complete. Planting of summer… Continue reading Summer planting; protein prices; futures recap