Loading…
Corn futures for the 2701 contract closed at 2230 yuan/t, down 4 yuan, and spot prices in Liaoning were 2150 yuan/t. US corn harvest reached 74% in the week to November 1, versus 77% on the five-year average, and weekly export inspections were 885,000 tonnes.
Chinese feed mills are holding ample substitute-grain stocks and buying only as needed, while farmers are holding back sales.
Cautious feed-mill restocking and farmer selling reluctance leave Chinese corn in a range, with little price pressure either way in the near term. Weekly US export data gives only a modest signal for import demand.
finance.sina.com.cnNov 4, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
