Category: Analysis

Wheat prices were up marginally in Hubei province last week. The upward momentum has slowed due to the increased volume auctioned each week and the pullback in corn prices last week. Demand from feed companies remains the largest driver in the market due to negative margins for flour millers following the recent rise in wheat… Continue reading Wheat price rally slows on weakness in corn

Last week, Sinograin held 11 auctions of corn with 82k tons listed and 38k tons purchased by the market. There were 29 rounds of government purchases of corn with a listed amount of 656k tons and 561k tons were purchased by the government. There were 12 reserve rotation auctions with a listed volume of 283k… Continue reading Sinograin auction results

Last week, temperatures in China were 1-4C higher than normal, with some areas of the northeast seeing temperatures over 6C higher than normal. Areas of the southeast and the Yangtze River Delta received 100-250mm of rainfall, which is 1-2 times higher than normal. These heavy rains are unfavorable for early rice planting and rapeseed crops.… Continue reading Heavy rains pose risk to rapeseed areas

Hog prices continued to fall over the weekend. With prices at 16-year lows, the Chinese government is taking a stricter approach to control capacity, and a recent example of this is a commentary published in state media outlet Xinhua on Monday. It notes that the market is in a period of oversupply, but this has… Continue reading Stronger calls for hog capacity reduction as prices continue to fall

Hogs March 2026Download…   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or email info@sitoniaconsulting.com   Please login to view this page.

In its latest weekly update for wheat conditions, the National Meteorological Center reports that 87.4% of the wheat crop is in the same or better condition than this time last year. This is up from 87.2% last week. It notes that in most areas, the crop development is 3-6 days earlier than this time last… Continue reading Weather service shows reduction in wheat ratings

Feed production in January and February was 51.85 million tons, up 3.4% year on year, according to the China Feed Industry Association. Corn inclusions in feed were 46.9%, up 1 percentage point compared to December, and up 0.9 percentage points year on year. Meal inclusions were 13.0%, down 0.7 percentage points compared to December, and… Continue reading Feed production rises to start the year

Wheat prices were flat over the past week in Hubei as auctions have increased. Hubei province auctioned 45.6k tons of reserve wheat, ranging from the 2022 to 2024 harvests. 100% of this wheat was purchased by the market and the average price was 2560 yuan per ton.  …   Subscriber content: Sitonia Consulting provides market… Continue reading Wheat prices flat in Hubei as local auctions increase

In Wednesday’s national wheat auction, Sinograin listed 800k tons of wheat, with 93% of this being purchased by the market. The average price was 2398 yuan per ton, down 43 yuan per ton compared to last week. Since the start of the auctions, 3.6 million tons have been listed, with 3.0 million tons being purchased… Continue reading Strong wheat auction results but prices decline