27 days ago • Posted by Martin Boujol

China always wants more grain, prices soar

Rising imports from China have made market prices soar. The price of grain has reached a 9-year high, reaching $7.32 per bushel and stayed above $6 this week. This price level has not been witnessed since 2013. Imports from China were up 250% for corn and of almost 100% for wheat. The demand for meat has also risen, with the population's wealth on a steady rise. 

Source: USDA, Statista

#Commodities
China always wants more grain, prices soar
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