On Tuesday, China’s Ministry of Agriculture published a report related to post-harvest losses…
Category: Commentary
Covid cases spike; Oil futures lead rally
China reported 807 new Covid infections on Sunday as the outbreak in Sanya led to…
Vegoil producer profit sinks; Hog breeder losses widen; Henan grain price spread
Arowana, China’s market share leader in vegetable oils, announced that its net profit…
Non-GMO soybean pricing; Uruguay sorghum exports; Grain prices update
Last week, China’s security regulator approved listing of options on the Dalian…
Early-season rice crop update; Livestock & feed prices
Harvest of early-season rice has finished, and planting of late…
Brazil soybean shipment; Restaurant IPO
Based on shipping data, Brazil exported 5.45 million tons of soybeans…
July PMI falls; State buying slows; Emergency rice irrigation
Economic indicators for July disappoint China’s manufacturing PMI fell to 49 in July, down from 50.2 in June, and below estimated of 50.3 according to data from the National Bureau of Statistics. The private Caixin PMI data showed manufacturing PMI in positive territory above 50 with July coming in at 50.4. This was still weaker… Continue reading July PMI falls; State buying slows; Emergency rice irrigation
Transport data, Grocery service shutdown, Restaurant support measures
Transportation data shows sharp declines in June Data from China’s Ministry of Transportation showed sharp drops in June even as most cities were coming out of lockdowns and easing restrictions. The data is typically published mid-month, however the June data was delayed and only posted on Friday morning. Passenger traffic within cities, which includes modes… Continue reading Transport data, Grocery service shutdown, Restaurant support measures
Food and beverage income; Strong fertilizer profits; Feed price update
a restaurant owner noted that his sales were up by 61% m/m and 170% compared to…
Ag futures extend rally; Companies hike prices; Coal-to-ethanol; Persistent heat
Futures for soybean complex and corn in China gained for the third consecutive session on Wednesday following…