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Chinese feed makers are paying more for corn than wheat in several regions, with wheat trading 100 to 200 yuan per tonne cheaper at Shandong, Henan and Guangzhou. New-crop corn is expected to reach North China markets soon, and corn prices are beginning to show signs of softening.
A wheat-corn price gap that favors wheat could encourage feed substitution, but wheat use has stayed limited, and incoming new-crop corn should ease domestic corn prices. The net effect points to softer energy feed prices as supply arrives.
nongxun.netNov 5, 2026Not 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.
