Tag: premium

In a press conference on Friday, the National Development and Reform Commission said that temperatures in most parts of China will be higher than the same period in previous years. They expect high temperatures to increase electricity demand for air conditioning, that drought conditions in some areas will affect hydropower electricity generation, and that extreme… Continue reading NDRC notes El Nino impact but confident on wheat yields

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

From May 23 8pm to May 24, 8pm, current forecasts have areas of Henan seeing 160mm (6.3 inches) of rainfall. An area of northern Hubei and southern Henan is forecast to see 240mm (9.4 inches) of rainfall. Anhui is forecast to receive up to 60mm (2.4 inches) The day after, these rains diverge. But northern… Continue reading Weekend rainfall forecasts worsen

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.

Current forecasts for the next 3-4 days have rains hitting large areas of China’s wheat belt. From May 23 8pm-May 24 8pm, areas of Henan and Anhui are expected to see up to 60mm (2.4 inches) of rain, while areas of Hubei could see up to 110mm (4.3 inches). From May 24 8pm-May 25 8pm,… Continue reading Wheat areas to see rainfall one week before harvest

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 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