Tag: premium

Wheat prices were slightly weaker in Hubei province last week. The cash market was relatively quiet with about three weeks remaining until large-scale harvesting. Local wheat auctions have been minimal with the province listing 4415 tons of 2022 wheat last week, but seeing nothing purchased….   Subscriber content: Sitonia Consulting provides market intelligence on Chinese… Continue reading Wheat prices slightly lower but market quiet as harvest approaches

It looks like Sinograin will begin selling old rice stocks to supplement the feed industry. These auctions are a bit more difficult to verify because the auctions are only available to state-owned enterprises and feed companies, but there is more information out and this is what the market is currently pricing in. Rumors of these… Continue reading Market pricing in auctions of rice reserves

Volume in hog futures spiked as the contract traded into new all-time lows in April. The Dalian live hog futures contracts saw a combined volume of 10.5 million lots, up 151% compared to March, and up 714% year on year. Since their launch in 2021, live hog futures have seen growth in trading volume every… Continue reading Hog futures set new volume record as prices collapsed in April

The NDRC reported declining losses for hog farmers for the second week in a row, but losses were still estimated at 405 yuan per hog. This is an improvement from losses of 511 yuan per hog in mid-April. Hog sales have remained strong in April, according to the first published disclosures by large companies. Muyuan… Continue reading Muyuan reports second-highest monthly sales; selling price down 36% y/y

The National Meteorological Center put out another crop update for wheat today that shows that 46% of wheat area is in the same condition as last year based on remote sensing, and 54% is in better condition. Running vegetative health index data for Henan wheat areas from US NOAA shows similar results. This is a… Continue reading Why good wheat conditions might not indicate higher yields

Summary Wheat prices were stable to slightly lower in April. Downstream demand has been weaker with the harvest approaching and expectations of lower prices. The crop continues to be assessed as in the same or better condition than last year despite the very late planting. Prices The average wheat price in Henan is 2470 yuan… Continue reading Wheat Update – May 2026 (Text)

Wheat Update – May 2026 – 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.

In April, China’s national average temperature was 12.8C, which was 1.6C higher than normal, and most agricultural areas were 1-2C higher than normal. Average precipitation was 51.9mm, which was 10.1mm higher than last year. Temperatures in the northern wheat regions were 1-2C higher than normal. Despite this, growing degree days (over 0C) were still lagging… Continue reading May weather outlook remains challenging for rapeseed