Watch out for the summer flood in China,it can be bad

My guess is that corn could benefit from it as it is the most "oppressed one" so far due to COVID from the grain complex....

some weekly levels to watch for:

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@JSOP you are correct. I just feel that corn has the most potential out of the grain complex. China big buyer/consumer of corn NOT a big producer.

Just for fun, might be good to look at a rice chart....wow!!
 
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The last I have on that is:

China is the world's largest producer of rice, and the crop makes up a little less than half of the country's total grain output. China accounts for 30% of all world rice production. In a given year total rice output came from four different crops.
 
OMG!! Rice produced from such a polluted country. Ack!! All right fine, flooding might affect something in China but it will depend on where the rice is produced though. I think rice is only produced in certain regions in China.
 
JSOP said:
I don't even think China is a major rice producer. I think Thailand is the biggest rice producer now. Again I stand to be corrected.
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Thailand is the top producer of Jasmine, I believe. The big rice eating cultures are very particular. I may be Capt. Obvious here. But, this is key when feeding a rice-eating guest.

dry and fluffy - Indian, Middle eastern
Super moist and sticky - Japanese, Korean
Middle of the road moisture and stickiness - Thailand, most of Indo-China

I can't say one culture has admiration for the other one's taste but there is little competition. I've shared meals with day laborers and their rice is always on point. They might as well be different foods.

I don't quite get the nuances of corn, however. And, It is mostly processed into something else.
 
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