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
Tag: premium
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
Monthly Hog Update – May 2026
(PDF with charts and additional analysis at https://sitoniaconsulting.com/wp-content/uploads/2026/05/Hogs-Update-May-2026-Sitonia-Consulting.pdf) Summary Prices have remained low with losses mounting for hog breeders. The Ministry of Agriculture announced a new policy that reduces the government’s target for breeding sows by 1.5 million. Policy In May, the Ministry of Agriculture released its Implementation Plan for Comprehensive Regulation and Control of… Continue reading Monthly Hog Update – May 2026
Soybean shipments to China; Argentina corn shipments increase
Soybean shipments from Brazil to China were down slightly last week to 2.7 million tons. Shipments from Argentina were 490k tons, and shipments from the US remained relatively small at 137k tons from the Gulf and PNW. Corn shipments from Argentina have picked up, following the resumption of the trade in April. In April, Argentina… Continue reading Soybean shipments to China; Argentina corn shipments increase
Weather forecasts improve as wheat harvest moves north
Current weather forecasts have some light rain in areas of southern Shaanxi and northwest Hubei from May 27-28, but these are not major production areas. From May 27-29, most of the wheat belt is expected to see sunny weather, which should be beneficial for harvesting. Based on satellite data, harvest is mostly limited to southern… Continue reading Weather forecasts improve as wheat harvest moves north
Monthly Hog Update – May 2026
Hogs 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.
Price update; futures recap
Price Update Futures Recap… 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.
Egg prices rally after long period of oversupply
Egg prices at Beijing’s Xinfadi wholesale market were 9.37 yuan per KG at the end of last week. This was up 7.3% over the past week, up 13.3% for the month, and up 39.9% year on year. Egg futures prices on the Dalian exchange have also seen a sharp rally. From the end of April,… Continue reading Egg prices rally after long period of oversupply
Corn auctions see drop in procurement
Over the past week, Sinograin held 12 auctions of corn with a listed volume of 92k tons. 30.6k tons, or 33.3%, were purchased by the market. There were 5 rounds of corn purchased with a volume of 210k tons. 171k tons, or 81.3%, were purchased. There were 12 reserve rotations with a volume of 155.4k… Continue reading Corn auctions see drop in procurement
Rains hit southern wheat belt with more expected
Temperatures were mixed last week, with areas of northern China below average and areas of the south and northeast slightly above average. Areas in the northeast saw 10-50mm of rainfall, which helped to replenish soil moisture. Over the weekend, heavy rains continued to hit Hubei, Anhui, and Jiangsu. Most areas of Henan and Shandong did… Continue reading Rains hit southern wheat belt with more expected