The Covid situation in China has improved over the last week, however there are still significant risks and headwinds for…
Category: Commentary
Soybean imports to revisit previous high; 2021/22 domestic grain buying finishes
USDA expects the soybean import volume for the world’s largest buyer China to rebound sharply next year due to stronger feed demand and…
Hog prices underperform; Yuan weakness; National ridehaul volume tank
Hog prices in Jilin province have continued to lag even as the region tries…
Beef prices firm; Weaker pork demand; Feed price update
Wholesale beef prices in China have remained relatively steady at high levels despite weaker demand. Average wholesale prices for…
EU pork exports to China slide; Covid-related suspensions continue
A recent news report from Burgos, Spain notes that pork exporters in the region have seen a steep decline in export…
Spring planting progress; Covid update; Hog-corn ratio rises further
Spring planting in northeastern China has picked up pace. Daily planting in the region…
LH April price update; Firmer dollar diminishes import margin
Domestic wheat prices rebounded 4% in the second half of last month as the government suspended state auctions of…
Pre-made meal mania; Hog-corn ratio spikes; Soybean subsidy cap
Pre-made meal sector heats up over holiday as people avoid travelling Hema, Alibaba’s grocery delivery service, reported that during the May 1st holiday in Beijing that grocery deliveries sales rose by 30% compared with average sales volume before the holiday as many people were stuck at home and restaurants were closed for in-person dining. They… Continue reading Pre-made meal mania; Hog-corn ratio spikes; Soybean subsidy cap
Cooking oil stock falls; Corn planting starts; US sales to China
The stock price of Daodaoquan, a cooking oil company, fell to an all-time low…
Wheat crop aid; Slower corn buying; Pork restocking may halt
China’s Ministry of Finance and Ministry of Agriculture announced they would be issuing 1.6 billion yuan ($242m USD) in disaster relief aid…