Category: Analysis

Barley imports in June continued to mostly come from Australia, followed by Canada, and Argentina. Imports in the first half of the year were 8.16 million tons, with 75% of that coming from Australia, up from 70% for H1 2025. Corn imports were just 130k tons in June. This was split between Argentina (69k tons),… Continue reading Argentina the largest source of corn imports in June; US soybean imports by COFCO

Publicly traded hog producers have seen their stock prices rise even as the broader market fell in July. Hog companies have underperformed in the past year, but many companies have seen their stocks rise since late June following stronger capacity control measures by the government, along with recent data showing the breeding sow herd has… Continue reading Hog producers see stocks recover as capacity falls

Shanxi province released its hog capacity plan for 2026, targeting a breeding sow population of 590k hogs and 3400 large farms. This is a 1.8% reduction compared to its plan from 2024, which targeted a breeding sow population of 600k and 3500 large farms. For comparison, Shandong was the first to announce its 2026 reduction,… Continue reading Shanxi releases hog capacity plan, with only small cuts to target

Feed production was 29.11 million tons in June, up 0.7% compared to May, and up 2.4% year on year. Within feed production, compound feed production was up 3.2% year on year, while concentrated feed production fell by 10.3% and additive premix feed fell by 13.6% year on year. Concentrated feed is popular among small farmers… Continue reading Feed production rises 2.4% year on year in June

Early rice crops in south and southeast China are nearing maturity, with crop development generally 3-6 days faster than usual. From July 17-23, moderate to heavy rains are expected in the region. This is expected to interfere with the harvesting and drying of early rice, and extremely heavy rain could also damage crops of the… Continue reading Weather service warns of rains during rice harvest; volatile summer weather

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…   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.

China’s sow herd was 37.8 million at the end of June, down 6.5% year on year. This is essentially at the government’s target of 37.5 million. This is a much faster pace of destocking. From the end of 2025 to Q1, the sow herd shrank by 1.4%, but from the end of Q1 to the… Continue reading Sow herd drops sharply by end of June

Piglet prices were up after falling to the lowest levels in over 7 years. The market has turned slightly more optimistic due to the increased culling of sows and expectations of a price recovery in hogs….   Subscriber content: Sitonia Consulting provides market intelligence on Chinese agricultural markets. For a free trial, please visit here or… Continue reading Protein Price Update sees piglet prices recover

Full Spread Update PDF https://sitoniaconsulting.com/2026/07/16/spread-update-2026-07-15/ Sept/Jan corn is still trading at an inverse but is at less of an inverse compared to this time last year. Strong imports of alternative grains such as barley and sorghum, auctions of reserve rice and imported corn, and an increase in feed-grade wheat have put pressure on the spread.… Continue reading Spread Update