Wheat Update – May 28 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. Username or E-mail Password Remember Me Forgot Password
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Government allocates 160m CNY in disaster relief
The Ministry of Finance and the Ministry of Emergency Management have allocated 160 million yuan to disaster relief funding to 5 regions following heavy rains. 110m yuan was allocated to Anhui, Hunan, Chongqing, and Guizhou for flood relief and prevention efforts. An additional 50m yuan was allocated to Guangxi for earthquake damage. On May 19,… Continue reading Government allocates 160m CNY in disaster relief
Feed production dips in April
Feed output in April was 29.9 million tons, down 2.8% compared to March, but up 2.4% year on year. It’s relatively unusual to see feed output decline from March to April, with the last example of this being 2022. However, the March data was very strong, with feed output rising 10.2% year on year. Soybean… Continue reading Feed production dips in April
Spread Update – 2026-05-27
DCE Spreads 2026-05-27Download… 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.
Wheat Update May 2026 – Text
Summary Heavy rains hit the southern wheat belt ahead of, and during, harvest. Current estimates are about 8-10 million tons of damaged or sprouted wheat. The major central production regions of Henan and Shandong have mostly avoided these heavy rains, and weather forecasts remain positive for harvest. Prices The average wheat price in Henan is… Continue reading Wheat Update May 2026 – Text
Pork testing; futures recap
Shuanghui subsidiary pork exceeded antibiotic levels by 37x Heilongjiang’s market supervision regulator reported that some pork products from Wangkui Shuanghui Beidahuang Food exceeded standards for residual antibiotics by 37.5x. Following the news, the company’s stock price fell by 5% on Tuesday before recovering slightly and rising by 0.65% on Wednesday. The company is 75% owned… Continue reading Pork testing; futures recap
Spring planting 80% complete
Over 80% of spring crops have been planted and this is slightly faster than last year’s pace, according to the Ministry of Agriculture. Corn is over 90% planted, soybeans are over 60% planted, and mid-season rice is over 50% planted. Planting in the northeast is nearly finished, with over 80% of crops planted in the… Continue reading Spring planting 80% complete
Urea exports seem to resume
Reuters reported on Wednesday that China has issued export quotas for urea fertilizer, but there were no other confirmed details. The urea market has seen a huge amount of rumors and speculation in recent months. Prices rallied near the end of April based on a rumor from an industry conference that the government would increase… Continue reading Urea exports seem to resume
Rapeseed prices falls as crushers worry about quality following rains
Wheat harvest in Hubei province is over 90% complete, and prices were lower over the past week. Due to rains during harvest, there was more sprouted and high-moisture wheat. There has been an active market developing for high-moisture wheat due to the heavy discounts, and Hubei’s grain reserve bureau notes traders from neighboring provinces are… Continue reading Rapeseed prices falls as crushers worry about quality following rains
Rice auctions; corruption investigation; futures recap
Rice auction results In the national auctions of minimum-price reserve rice on Tuesday, 601k tons were listed, with 50.4k tons purchased by the market. The average price was down slightly to 2606 yuan per ton. Jilin stockpiling official expelled over corruption charges Sun Haoming, the former deputy director of the Jilin Province Grain and Materials… Continue reading Rice auctions; corruption investigation; futures recap