Category: Commentary

Domestic corn buying in China rebound sharply, soybean volume drops Procurements of 2021/22 corn and soybean harvests in China rose sharply during the ten-day period between February 6 and 15 this year. Corn purchases from farmers surged 147% week on week to 4.92 million tons, pushing the cumulative volume in 2021/22 marketing year to 82.72… Continue reading Corn buying jumps; Public transport slows; Delivery service booms

Chart of the Day – China wholesale market price update Chinese importers seek barley, sorghum cargoes amid high corn prices China’s grain importers have turned their buying interest from corn to barley and sorghum as prices of the main feed ingredient remained strong. At the same time, domestic wheat price lost its competitiveness against corn… Continue reading China seeks barley and sorghum; More talks on food security; Restaurants price hikes

The southwestern Chinse province Yunnan is set to kick off the replenishment of…

While the recent CPI data was relatively weak, there are concerns about the rise in global prices and…

Master Kong, one of the biggest players in China’s instant noodle market, raised prices recently for…

Despite the effort of Chinese state stockpiler buying back pork from the market for reserve replenishment, hog price in China…

2021 feed production rise sharply amid herd rebound China produced 293 million tons of animal feed last year, according to new data from the Chian Feed Industry Association. Output rose by 16% compared to 2020 levels. Pig feed production exceeded 130 million tons, up 46.6% year on year as the hog industry continued to scale… Continue reading 2021 feed output rise sharply; Brazil pork exports to China dip

Key takeaways for China from February Wasde China wheat demand outlook weakens amid stronger prices The projection for Chinese consumption of wheat in 2021/22 marketing year continued to fall as the preference to substitute corn diminished amid rising wheat prices. The USDA pegged Chinese wheat demand at 35 million tons in the February Wasde report,… Continue reading Wasde takeaways for China; Pork price finds bottom; More Covid-related suspensions

China’s state-owned national reserve manager Sinograin is rumored to begin selling some of its soybean and soyoil stocks soon…

Cold snap sweeps across China, winter wheat condition stable Weather across China turned colder of the past week, with temperatures across most planting areas down 1-2 degrees Celsius below average, and those in some parts of southern China fell 4-6 degrees Celsius below average. Parts of northern China saw additional snowfall which is helpful in… Continue reading Cold snap sweeps across China; Ukraine Q1 corn exports to China strong