The Latest National Corn Price Market Trend
For many girls, knowledge about the latest market trend of national corn prices and flowers is essential. Next, the editor will provide you with detailed answers.
The Latest National Corn Price Market Trend
National corn prices have slightly increased, with some regions experiencing rises and others experiencing falls. On January 17th, the average national corn price was 2733.37 yuan per ton, with today's price rising by 12.9 yuan per ton compared to yesterday. In Shandong Province, the corn prices in Weifang, Zhucheng, Yishui, and Heze all decreased compared to yesterday, with Yishui experiencing the largest decline, dropping by 30 yuan per ton.
Corn Market Trend After the 2022 New Year
In recent days, the sentiment of "grabbing grain" in the Northeast region has intensified, with deep-processing enterprises and grain traders raising prices, and local farmers also accepting sales, making the grassroots drying warehouses and drying towers busy.
On January 14th, 2022, companies like COFCO Yushu and BaiCheng Meihua in Jilin, COFCO Biochemical in Heilongjiang, Guotou in Tieling, and Jifeng in Tongliao, Inner Mongolia, all raised prices by 10-20 yuan per ton. Although the increase is not significant, it once again fueled the sentiment of "grabbing grain" in the Northeast.
Looking at the corn market in Shandong on the same day, there were around 890 corn trucks arriving, which is nearly 400 fewer than the previous day. Therefore, the sentiment of enterprises to suppress prices began to fade, with quotes generally falling by only about 10 yuan. Among them, Fuyang in Dezhou decreased the price by 28 yuan per ton, which is a significant drop.
But the price is still 1.34 yuan per half kilo. Currently, the overall average price of corn in Shandong is maintained at around 1.3 to 1.4 yuan. It can be said that the sentiment for corn price increases is once again on the rise. Will the market price continue to rise before the New Year?
Will Prices Rise After the Spring Festival in 2022?
The most controversial topic in the corn market right now is not the price, but how much of the grain in the Northeast has been sold. Most people think that half has been sold, with some predicting that only 40% remains.
At the same time, there is a general consensus in the market that the inventories of deep-processing enterprises, feed companies, and grain traders are not high, especially the inventories of grain traders, which are even at a historical low.
Let's assume that 50% of the corn in the Northeast has been sold. From the new grain market launch in October last year to now, it has only been a short 3 months, and so much corn has been consumed, while terminal inventories are still low. With another 9 months until new grain is available, the probability of corn price increases is quite high.
Analysis of Inventory Situation
Why do people think that the inventories of deep-processing enterprises, feed companies, and grain traders are not high? The reason is just three words - "not feasible," as they feel corn prices are high and dare not raise prices aggressively, waiting for post-New Year policy replacements or corn price reductions.
Influence of Wheat Factors
This year is different from last year in one major aspect: wheat has entered the later stage of stock reduction. After the wheat-corn price difference enters complete reverse substitution, will wheat need the support of high corn prices to smoothly replace corn?
Marketization of Corn
Since 2020, the country has been emphasizing the marketization of corn. Although the inventory of temporary reserve corn ended last year, it still affected market prices. 2022 is the real first year of corn marketization.
This does not mean that corn prices will necessarily rise or fall sharply, but that we need to think differently from before to adapt to market changes and your ability to withstand market changes.
For farmers, the most important thing is still to store their grain properly, or else anything else is meaningless. In recent years, the central and local governments have provided subsidies and support for farmers, cooperatives, and others to build grain cold storage.
The above comprehensive method explanation of the latest national corn price market trend is shared in the hope that it can act as a catalyst to solve your green plant problems.