Category: Analysis

National auctions of minimum purchase price reserve rice saw 601k tons listed with 59k tons purchased by the market. The average price was 2367 yuan per ton. Last week, Sinograin had 8 corn sales auctions, offering 71.9k tons with 36.9k tons being purchased. There were 22 rounds of purchase with Sinograin looking to buy 566k… Continue reading Auction results see low interest in rice, increase corn rotations

Soybean shipments from Brazil to China grew slightly last week to 3.04 million tons. Shipments continue at a slow pace from the US. Since the start of the year, Brazil’s soybean exports to China are up 2.5% year on year. In the lineup data, Argentina has now shipped 2 vessels of corn to China, totaling… Continue reading Soybean shipments to China

Barley imports continued to be strong in March with nearly all of this volume coming from Australia. Compared to Q1 2025, Australia has an even larger market share of barley imports at 82%. The pace of imports has also been strong to start this year, with a total of 3.5 million tons imported, one of… Continue reading Argentina largest wheat supplier to China in March as trade starts

Over the past week, temperatures in agricultural areas were 1-4C higher than normal with continued heavy rainfall in the southeast. Winter wheat areas continued to see higher-than-normal temperatures and good soil moisture conditions. However, Shandong issued a warning for April 19-20 for risks of lodging of winter wheat crops due to strong wind gusts up… Continue reading Weather warnings for wheat lodging amid heavy storms

Temperatures in northeast China have been 1-2C this spring compared to normal. This has led to faster thawing of soil, and is positive for spring planting of corn, soybeans, and rice. Soil moisture levels in the northeast are relatively similar to previous years, with 29.3% showing a deficit at 10cm, 46.7% having suitable soil moisture,… Continue reading Spring planting update for northeast

The Ministry of Agriculture held another meeting on hog capacity reduction on Friday. The ministry said that since July 2025, the number of breeding sows had declined for nine consecutive months. The number of new piglets in March also saw the first year-on-year decline in 17 months. Minister of Agriculture Han Jun said it was… Continue reading Ag Ministry meeting on hog capacity reduction

In Q1, national cattle slaughter was 11.75 million, down 390k, or 3.2% year on year. Beef production was 1.89 million tons, down 1.4% year on year. Milk production was 9.22 million tons, up 3.4% year on year. Sheep slaughter was 65 million, down 3.8% year on year, and mutton production was 1.03 million tons, down… Continue reading Poultry output grows while beef output declines

In the Friday data release, the National Bureau of Statistics notes the intended sowing area for wheat and rice is basically stable. The intended area for corn planting has seen a slight increase, and planting is progressing smoothly. This matches with other data which indicates that it’s unlikely that there would be a major shift… Continue reading NBS notes slight increase in corn planting intentions

China’s breeding sow population at the end of Q1 was 39.04 million, down 1.35 million, or 3.3% year on year. This is 100.1% of the target level of 39 million. At this point, it’s unclear what the target is for the breeding sow population. Officially, the guidance is still 39 million. But that guidance was… Continue reading Sow population at 39 million at end of Q1

In its latest crop update, the National Meteorological Center reports that 99.3% of China’s winter wheat crop has growth rates that are at or above normal levels. Prior to Thursday’s update, the last wheat condition update from the NMC was on April 2. In that update, NMC reported that 97% of winter wheat was categorized… Continue reading Weather services reports strong wheat conditions