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China's average feed-mill inventory rose to 27.15 days by November 5, up 0.86 days from the previous week, while corn inventories at major processors increased 3.74%. Feed mills are buying as needed amid ample substitute-grain stocks and continued losses in livestock production; farmers' reluctance to sell has recently reduced deliveries to processors.
Cautious feed demand and adequate inventories limit near-term buying, while slower farmer selling may constrain available supply. These opposing forces point to range-bound corn prices in the short term.
finance.sina.com.cnNov 6, 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.
