Over the past decade, China has become the world’s second largest importer of crude Ukrainian sunflower oil behind…
Category: Commentary
Grain and fertilizer prices rise; Wheat strength continues
Since the start of February, prices of most agricultural products, except for hogs, were higher in China…
Soybean auction kicks off; China greenlights Russian wheat imports
China’s state-owned stockpiler Sinograin said it will begin selling national reserves of imported soyoil and domestic soybeans…
Spring wheat subsidy; Shrinking edible oil margins; Cold weahther sweep
China considers subsidizing spring wheat planting due to winter crop delays China’s Ministry of Agriculture and Rural Affairs are looking to give more subsidies to farmers for the upcoming spring wheat planting to ease the supply pressure caused by winter planting delays. The delayed planting of winter wheat in China largely caused by the massive… Continue reading Spring wheat subsidy; Shrinking edible oil margins; Cold weahther sweep
Spiked potash price; Weak wheat auctions; Poultry import ban
Potash is said to be in short supply in China and farmers are having difficulty sourcing the fertilizer as…
Corn buying jumps; Public transport slows; Delivery service booms
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
China seeks barley and sorghum; More talks on food security; Restaurants price hikes
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
Yunnan province to restock pork; Customs suspend more exporters
The southwestern Chinse province Yunnan is set to kick off the replenishment of…
Inflation concerns linger; Tourism stock rally fades
While the recent CPI data was relatively weak, there are concerns about the rise in global prices and…
Second major noodle brand hikes price; Major hog producer halts herd expansion
Master Kong, one of the biggest players in China’s instant noodle market, raised prices recently for…