According to the National Grain Trade Center, China sold 1.03 million tonnes of wheat, or 25.75% of the total on offer, at an auction of state reserves during last week.
The volume sold, at an average price of 2,354 yuan ($359.75) per tonne, declined from more than 1.6 million tonnes sold in the prior week, as corn prices fell.
To now, Chinese feed makers had been scooping up wheat from reserves to substitute for more expensive corn.
