Loading…
Chinese corn futures fell sharply on Monday, reversing a three-week rally, and spot prices followed lower from ports to producing areas. The first minimum-purchase-price wheat auction of about 200,000 tonnes received no bids, and wheat spot prices eased as flour mills cut offers.
Ample corn supply and weak downstream demand, including losses in hog farming, limit price support, so spot corn is likely to stay under pressure. Failed wheat auctions and seasonal harvest selling point to continued soft domestic wheat prices.
finance.sina.com.cnNov 14, 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.
