Today ( Sept. 21st), the market for grains in China is shown as follows: 

    Corn: Prices mostly go stable despite some rises. The procurement price in Shandong further processing companies prevails at 1,770-1,920 yuan/tonne, unchanged from yesterday. In Jinzhou port, Liaoning, the prevailing purchasing prices for 2017 dried corn are 1,770-1,800 yuan/tonne (volume weight 700) and 1,830 yuan/tonne (volume weight over 720), both unchanged from yesterday, and 1,770 for old corns, unchanged from yesterday, and 1460 yuan/tonne for 2018 new corn with 30% moisture, unchanged from yesterday, and 1,800-1,820 for those with 15% moisture. In Bayuquan port, Liaoning, 2018 new corn is priced at 1,800 yuan/tonne, and old corn at 1,760-1,770 yuan/tonne, both holding the line of yesterday, and 1,750 yuan/tonne for volume weight of 690. In Shekou port, Guangdong, price for second-class old corn is 1,910-1,930 yuan/tonne, holding the line of yesterday. In the past few days, corn marketing in North China and Huang Huai areas has been afflicted to rains, corn prices thereby mostly go stable amid some rises. Old corn also picks up momentum when market rigid demand for corn of high quality sustains auction of temporary reserved corn. However, corn supply is about to grow larger and larger taken into account new corn marketing from South to North and scheduled 8 Mln tonnes of corn auction every week, which places stress on corn performance. Add insult to the injury, corn demand for feed use is shriveled since downstream businesses maintain cautious about market purchases amid sprawling ASF. With all considered, corn shorter term is to go on a weak performance when slack demand meets ample supply. Later focus shall be put on the weather in key corn belt, new corn marketing and deals clinched on temporary reserved corn auctions.  

    Sorghum: Prices for imported sorghum at ports keep firm (US sorghum: Tianjin offers 2,200-2,210 yuan/tonne for raw sorghum, and 2,200 yuan/tonne for dried sorghum; Nantong 2,080-2,010 yuan/tonne; Shanghai 2,120-2,130 yuan/tonne; Guangdong 2,030-2,050 yuan/tonne. Australian sorghum: Tianjin offers 2,310 yuan/tonne for raw sorghum and 2,420 yuan/tonne for dried sorghum; Shanghai 2,400 yuan/tonne; Qingdao 2,400 yuan/tonne for raw sorghum, and 2,500 yuan/tonne for dried sorghum. Domestic sorghum: Changchun 2,400 yuan/tonne; Qiqihar 2,400 yuan/tonne; Hinggan League 2,200 yuan/tonne for raw sorghum, and 2,400 yuan/tonne for dried sorghum; Chifeng 2,040 for new and raw sorghum and 2,240 yuan/tonne for dried sorghum). 

    Barley: Prices at ports also keep stable (Australian barley: Shandong offers 2,030-2,040 yuan/tonne; Nantong 2,010-2,030; Guangzhou 1,910 yuan/tonne. French barley: 1,840-1,850 yuan/tonne. Ukrainian barley: 1,830-1,840 yuan/tonne). Amid escalating trade conflicts, Chinese buyers show no interest in US sorghum purchases as the import costs are surprisingly high, so as Australian sorghum costs due to dry spell recently. Such being the case, sorghum stockpiles go lower and lower at port, among which Guangdong port, the key port hoarding sorghum, run the lowest in this year when sorghum July imports reach the nadir. That leads to strong willingness for higher offers among importers in case of unavailable low costs for grain sources. Nonetheless, sprawling ASF dampens replenishment of breeding pigs and consequently cut feed consumption, in addition, languishing corn prices also drag down its alternatives barley and sorghum when corn still grasps the price advantage. To be specific, corn at southern ports settles at 1,920 yuan/tonne in price and US sorghum at 2,030-2,050 yuan/tonne, and arguably when sorghum price is 100 yuan/tonne lower than corn's can sorghum surpass corn performance on the market. Grains today go steady in price at ports, and shorter term, are mainly to move sideways narrowly and steadily.