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China's state grain purchases for the autumn have passed 100 million tonnes. Procurement is running roughly level with last year, and state minimum-price buying is active for mid-late rice in six provinces.
Northeast corn and soybean deliveries are building.
Steady state buying and rising northeast deliveries add domestic supply to China's market, which can cap import demand for corn and soybeans. Pace in line with last year suggests no major change to price pressure.
efeedlink.comeFeedLink NewsdeskNov 13, 2026After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
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.
