China's corn futures hit new record high on rising feed demand as pig herd recovers

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China’s corn prices have rallied this year, with futures in Dalian hitting a new record high on Wednesday, boosted by rising demand for animal feed as the country's pig herd recovers from African swine fever.

China's corn futures on the Dalian Commodity Exchange closed the day trading session on Wednesday at 2,731 yuan per tonne, the highest on record.

In the spot market, corn prices in Dalian stood at 2,615 yuan per tonne on December 25, rising 60 yuan per tonne from the previous week and up 755 yuan per . . .

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