Vegetable edible oil production in China this marketing year is estimated to be lower than…
Category: Commentary
Hog sales spike; Wheat prices soften; Soybean demand disappoint
Muyuan, China’s largest publicly traded hog producer, reported record hog sales for March…
Commodity price moves; Hog-corn ratio rebound; Covid threatens corn planting
The hog-to-corn ratio in China last week rebounded for the first time in 16 weeks…
Bearish pork price; Wheat auctions; US net sales to China
The prospect of pork prices in China is likely to remain bearish in the second half of 2022 as the oversupply…
More corn import channels; Wheat crop subsidies; PMI below critical point
Amid rising feed prices, and near record-low margins for hog producers, China’s major hog producer…
Early crop planting; More corn auctions; Slower grain procurements
China’s spring crops are 7.6% planted according to recent data from…
Higher deposit requirements; Stronger US soybean exports to China
Dalian Commodity Exchange (DCE) and Zhengzhou Commodity Exchange (CZCE) have both announced to raise deposit requirements for…
Corn processing slows; Temperature plunges; Weaker pork sales
China’s corn processing industry is cutting operating rates as product stockpiles accumulate due to sluggish demand and…
Rising raw material costs; US net sales; Rapeseed oil auctions
Spiking raw material costs slash food company profits, more price hikes More food companies in China are raising their prices as high global raw material costs have begun to offset their margins. PepsiCo is said to be increasing prices for products under its popular snack brand Lay’s next month, according to an announcement earlier this… Continue reading Rising raw material costs; US net sales; Rapeseed oil auctions
Hog prices at new low; Fertilizer shortage; Strong wheat auctions
Hog prices in China hit new low, but feed prices rise Live hog prices in China continue to fall in the second half of this month reaching a new low on record despite state-backed efforts of national pork reserve restocking. The price level slipped more than 3% in the latter half of March to 11.9… Continue reading Hog prices at new low; Fertilizer shortage; Strong wheat auctions