Tag: premium

How prices and imports performed after the 2023 rains

The last time China had heavy rains during the winter wheat harvest was 2023. As of June 7, 2023, the wheat harvest was 40% complete, and the weather service was warning of severe thunderstorms in areas of the wheat belt (New round of thunderstorm could further impact wheat crop – 2026-06-07). So far this year,… Continue reading How prices and imports performed after the 2023 rains

Spread Update – 2026-05-21

DCE Spreads 2026-05-21Download…   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.

Cash prices; spread update; futures recap

Henan cash prices Spread update The May 2027 contracts were recently listed. The Jan 27/May 27 corn spread has started trading at a relatively normal carry compared to previous years. Despite the decline in flat price corn, the Sept/Jan corn spread is still at a relatively steady inverse. However, it’s a relatively small inverse compared… Continue reading Cash prices; spread update; futures recap

Weather service issues first summer outlook

The National Meteorological Center issued its first outlook and forecasts for summer harvesting and planting. Rapeseed along the Yangtze River Delta is in the mature harvest stage. In southern China, Yunnan’s harvest is 90% complete. In the southwest, Chongqing’s winter wheat harvest and Hunan’s rapeseed harvest are 90% complete, and Guizhou and Sichuan are nearly… Continue reading Weather service issues first summer outlook

Noodle company lends to hog subsidiary amid cash flow issues

Noodle company Kemin Foods announced it would lend up to 50 million yuan to its hog-breeding subsidiary Xingjiang Mugue. The subsidiary is currently experiencing cash flow pressure due to issues such as high inventory levels. Kemin Foods bought a majority stake in the hog breeder in 2023 as its market for the company’s main product,… Continue reading Noodle company lends to hog subsidiary amid cash flow issues

MOFCOM comments; protein prices; futures prices

Ministry of Commerce mentions progress on agriculture, but not specific purchases The Ministry of Commerce held a press conference addressing questions related to the recent US-China meetings. They said that agricultural products can fill structural supply and demand gaps in the Chinese market, that the Chinese market provides a large opportunity to US farmers, and… Continue reading MOFCOM comments; protein prices; futures prices

April data show large increases in mixed fertilizer and poultry exports

In China’s April export data, exports of most fertilizers were down sharply, except for ammonium sulphate and fertilizer mixtures not specified elsewhere in the HS codes. For nitrogen fertilizers, urea exports were 15k tons and ammonium sulphate exports were 1.79 million tons. In late April, Chinese Customs began increasing inspections of ammonium sulphate exports. In… Continue reading April data show large increases in mixed fertilizer and poultry exports

April imports tables by country

China reported DDGS imports of 129k tons from Brazil in April. This is the largest monthly imports of DDGS since at least 2017. Website dashboards are updated with the April data. China Import Data – https://sitoniaconsulting.com/data-import-data/import-data/ China Ag Export Dashboard – https://sitoniaconsulting.com/china-ag-export-dashboard/ China Ag Import Dashboard – https://sitoniaconsulting.com/china-ag-import-dashboard/…   Subscriber content: Sitonia Consulting provides market… Continue reading April imports tables by country