Some companies are seeing stronger performance amid the sharp and sudden decline in edible oil prices which…
Category: Commentary
Soybean crush margins slump; Shanghai resumes dine-in service
Crush margins for Brazilian and US soybeans imported into China sank in the past week as…
Corn basis strengthens; Grain price update; Pork buying tender
Chart of the Day – Corn basis moves higher amid futures selloff Corn basis in China has moved higher as the selloff in agriculture futures accelerated this week. Henan province saw cash prices rise above futures prices for the first time since late February. While Dalian September corn futures have fallen 9% from their recent… Continue reading Corn basis strengthens; Grain price update; Pork buying tender
Hog breeder expands production; Heavy rains in Jilin
Wen’s group announced that it projects the company’s 2022 hog slaughter volume at…
Meat price update; State pork buying; Feed output in May; US exports to China
Despite most of the protein sector in China fluctuated in a tight range during…
New Covid outbreak linked to food imports; Feed companies raise prices
Jilin City announced that 10 new Covid cases are all linked to employees of…
May agricultural imports; Soybean imports; Hog producer moves into renewables
Soybean imports in May continued to rise for the…
Heatwave alert; Quiet pork auction; Mixed US sales
Zhengzhou’s weather bureau issued a red warning, the most severe level, as high…
Hog oversupply; More subsidies; Wheat harvest; Fertilizer stockpile; Transit volume
A main priority for hogs was to “guide the orderly reduction of…
Retail spending uptick; Grain reserve corruption
Retail spending recovered slightly in May but was still down…