Soybean imports into China last month were down sharply compared with…
Category: Commentary
Corn futures steady; Hog futures at new low; US sorghum exports plunge
Corn futures have been trading sideways since the start of March as the market continues to fluctuate at a high level but lack the momentum to break…
CPI tick higher; Rapeseed oil auctions; Farmers regain access
March CPI shows sharp rise in vegetable prices China’s consumer price index rose 1.5% year on year in March, up from 0.9% in February. Pork prices were down 41.4% y/y which contributed to a drop of 0.83% to the total CPI figure. Beef prices were flat, mutton fell 4.6%, and aquatic products rose 4.2%. For… Continue reading CPI tick higher; Rapeseed oil auctions; Farmers regain access
Lower vegoil output; Soybean buying ends; Sorghum cancellations
Vegetable edible oil production in China this marketing year is estimated to be lower than…
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…