Category: Analysis

In May, Muyuan reported hog sales of 6.88 million, down 4% compared to April, but up 7% year on year. The company reported an average selling price in May of 9.80 yuan per KG, up from 9.45 yuan per KG in April, but down 32.5% year on year. Based on companies that have reported May… Continue reading Hog sales figures for large producers mixed in May

The harvest of winter wheat is 61.8% complete as of June 7th. Anhui is basically complete, Henan is over 95%, Jiangsu is over 65%, Shandong is over 30%, Shaanxi is over 25%, Shanxi is over 10%, and Hebei is nearly 10%….   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a… Continue reading Wheat harvest over 60% complete

Brazilian Foreign Minister Vieira visited China on June 1 for meetings. The Ministry of Commerce was asked during a press conference on Friday whether the two sides discussed issues related to soybean inspection standards, or the duty-free quota for beef imports. The Ministry of Commerce spokesperson said that the two sides exchanged views on economic… Continue reading Brazilian Foreign Minister meets in Beijing

Summary China’s soybean market remains well-supplied as imports increase on Brazilian arrivals. Soybean meal prices have continued to be under pressure, and hog prices remain at depressed levels. Futures No.1 domestic soybean futures fell in May by 3.7% but were up 11.5% year on year. No.2 imported soybeans rose by 3.5% in May and are… Continue reading Soybean Monthly Report

Soybean Update – 20260603 – Sitonia ConsultingDownload…   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.

On Tuesday, the State Council publicly released its “15th Five-Year Plan for Accelerating the Modernization of Agriculture and Rural Areas”. Goals outlined in the plan include increasing grain production from 695 million tons in 2025 to approximately 725 million tons in 2030. Meat production should stay over 95 million tons, the self-sufficiency rate in core… Continue reading State Council releases 5-year plan for modernizing agriculture

Wheat harvest was 28% complete as of June 1, with 95.2 million mu (6.35 million hectares) harvested. Harvest in the southwest and areas in the Yangtze River Delta is complete. Henan is more than 35% harvested, Jiangsu and Shaanxi are more than 10% complete, and Shandong and Shanxi are still at the beginning stages. For… Continue reading Wheat harvest 28% complete with positive weather outlook to start the week

Wheat prices were lower over the past week in Hubei. The average market price for new Grade 3 wheat was 2432 yuan per ton, which is slightly higher than the post-harvest price last year. Large feed companies have been more active in purchasing wheat recently. At the early stages of the harvest, the market was… Continue reading Feed companies increase wheat purchases in Hubei

Summary Corn prices eased slightly in May due to a combination of newly harvested wheat, sprouted wheat flowing into the feed market, and the start of auctions of old rice stocks to feed mills. Cash and Futures In April, corn futures hit their highest level since July 2024, but after markets reopened following the May… Continue reading Corn Monthly Report – 2026-06-02