중국 곡물 및 시리얼 인사이트

Australian grain growers looking for clues about China's subdued demand are pointing to record Chinese domestic production as a reason for the slowdown. A report from the official Chinese government news agency Xinhua late last month said total Chinese grain production would exceed 700 million tonnes for the first time. If realised, that figure would be 0.7 per cent higher than last year's crop of 695.4m tonnes. While there is occasionally industry scepticism regarding official releases on Chinese grain stocks, the numbers are being backed up by their import demand. The Chinese government has embarked on an ambitious food security project in recent years, focusing on ag-tech and varietal improvements to bolster productivity. Across the country, exporters are reporting slower sales to China. "Barley is very slow at present, China is such an important market for Australian barley and they aren't very active just at present so that is having an impact," said Robinson Grain Trading g

Spot rates for corn and soybeans in the U.S. Midwest were mostly stable or higher on Tuesday as harvests of both crops were nearly complete and offers were up, brokers said.

Australian wheat prices were rangebound in October as price support from slow grower selling was balanced by bearish pressure from healthy early harvest yields. Australian wheat rangebound, early harvest yields decent Australian wheat prices were at $262/mt and $252/mt for Australian Premium White and Australian Standard White Oct. 30, according to Platts data from S&P Global Commodity Insights. The average assessments for APW and ASW FOB Kwinana were seen at $264/mt and $252/mt in October, $3/mt and $1/mt firmer than the average in September, respectively.Prices had firmed in the middle of the month on poor weather, though healthy early wheat yields, strong competition from Argentinian supply and pressure from offshore futures soon pushed prices down. Market sources have continued to monitor developments around the GrainCorp workers’ strike in New South Wales. The earlier wage package negotiations between GrainCorp and some 200 workers from the Australian Workers’ Union had broken