Today ( Sept. 14th), the market for grains in China is shown as follows: 

    Daily review on corn: today, most domestic corn prices steadily where some fall futher. Corn buying prices in Shandong deep processors mostly stay at 1,810-1,920 yuan/tonne, some further down 6-20 yuan/tonne from yesterday. Main purchasing prices offered at Jinzhou port, Liaoning settle at 1,770-1,800 yuan/tonne for drying corn of year 2017 with volume weight 700g/L, 1,770 yuan/tonne for old corn, 1,420 yuan/tonne for new corn of year 2018 with 30% moisture. While naturally drying corn prices at Bayuquan port are pegged at 1,770-1,780 yuan/tonne; 1,750-1,770 yuan/tonne for old corn (volume weight 700 g/L), all unchanged from yesterday. GB second-class corn prices at Shekou port, Guangdong keep flat at 1,920 yuan/tonne from yesterday. With autumn corn about to supply the market in bulk and auctioned corn inflows, new corn in North China and the surroundings grows larger and larger. Assured by such sufficient supply, local deep processors continue to push down corn buying prices as market sentiments go poorer and poorer. However, market expectations for higher new season crop in price gain further strength when new corn is forecast to cut in production this year. Meantime, boosted by rigid demand for good-quality corn in some feed makers and supported delivery costs for temporary reserved corn, traders these days also seize corn prices. All in all, corn prices is forecast to move downward if new corn later enters the market massively and intensively, by the way, eyes should be fixed on weather changes in corn belt and new corn supplying in market.  

    Sorghum: Prices for imported sorghum at ports keep firm (US sorghum: Tianjin offers 2,200 yuan/tonne for raw sorghum, and 2,300 for dried sorghum; Nantong 2,110-2,120 yuan/tonne; Shanghai 2,120-2,130; uangdong 2020-2,030. Australian sorghum: Tianjin offers 2,340-2,360 for raw sorghum and 2,240-2,460 for dried sorghum; Qingdao 2,400 yuan/tonne for raw sorghum, and 2,500 yuan/tonne for dried sorghum; Shanghai 2,400 yuan/tonne. Domestic sorghum: Changchun 2,560; Daqing in Heilongjiang offer 2,500; Qiqihar 2,500; Hinggan League 2,400 for raw sorghum, and 2,500 for dried sorghum). 

    Barley: Prices at ports also keep stable (Australian barley: Shandong offers 2,020 yuan/tonne; Nantong 2,020; Guangzhou 1,920 yuan/tonne. French barley: 1,860 yuan/tonne. Ukrainian barley: 1,840-1,850 yuan/tonne). Import costs both for US sorghum amid trade conflicts and Australian sorghum amid drought spell remain record high-- sorghum July imports reach the nadir in year 2018, on this note, low sorghum and barley imports later will inevitably make sorghum stocks downsized. That also leads to strong willingness for higher offers among importers in case of unavailable low costs for grain sources. And as barley and sorghum generally lose their price advantage over corn market amid sprawling ASF, flagging feed demand pushes down sorghum and barley prices at ports. Grains today go steady in price at ports with mixed long and short positions, and shorter term, are mainly to fluctuate upward.