Loading…
Chinese domestic sorghum prices stopped falling and held flat as northeastern new-crop supplies wound down. Imported sorghum from Australia was cut by 10-20 yuan/t, and Russian barley offers fell sharply while Canadian feed barley in Nantong was about 2310 yuan/t.
Weaker imported barley and sorghum prices reduce the cost advantage of domestic feed grains in China, keeping feed demand subdued and pressuring import values.
Not enough comparable past events yet for a historical read.
Not 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.