Since the start of 2026, the hog breeding industry has been mired in prolonged losses, intensifying financial and cost pressures. Combined with sustained policy-driven measures, domestic upstream hog capacity reduction has accelerated notably. In August, the sow herd posted its steepest monthly decl

As of the night session on September 8, 2026, the most-traded ZCE sugar futures contract rose, with the SR2701 contract closing at Yuan 5,498/tonne, up Yuan 95/tonne year-on-year, an increase of 1.76%. The recent sustained upward trend in the ZCE sugar futures contract, coupled with a simultaneous n

Soybean: The auctions of provincial reserves and Jiusan Group's soybean performed poorly last week, with 0% and 11% transaction rates, respectively, dampening sentiment and capping upside. However, old-crop soybean supplies depleted rapidly, with traders holding firm on prices amid the transition to

After enduring a volatile bottoming-out phase during the hot summer slump of July and August 2026, the domestic hog industry is now entering the traditional peak consumption season. The key question is whether the market can finally break free from its prolonged low-level consolidation.

As of September 4, 2026, the most-traded soymeal futures contract M2701 at Dalian Commodity Exchange closed the afternoon session at Yuan 3,435/tonne, up Yuan 95/tonne from the previous week, representing a week-on-week increase of 3.15%. The futures price remained generally strong.