Today, the nationwide average price of corn is generally trending upward, with more regions experiencing fluctuations; overall, more areas are seeing increases than decreases.
On the 24th, the overall national average price trend was relatively strong, with increasing fluctuations across regions. Domestic main production areas have not yet fully resumed grain sales and purchases, and planting farmers are slow to sell their grain. Processing companies have started operations early, continuously depleting inventories, and are gradually initiating listing and purchasing activities. Overall, corn prices are trending slightly stronger. Generally, the supply and demand sides in February still face relatively high bearish pressures. Aside from the impact of weather and uncertainties in logistics and transportation, it is more likely that in the early part of February, the majority of the time, the spot transaction prices in production areas will remain stable with a slight upward trend. The probability of prices stabilizing slightly weaker in the mid to late February will gradually increase, and the likelihood of the monthly average price continuing to rise month-on-month is higher. (China Feed Industry Information Network)
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Today, the nationwide average price of corn is generally trending upward, with more regions experiencing fluctuations; overall, more areas are seeing increases than decreases.
On the 24th, the overall national average price trend was relatively strong, with increasing fluctuations across regions. Domestic main production areas have not yet fully resumed grain sales and purchases, and planting farmers are slow to sell their grain. Processing companies have started operations early, continuously depleting inventories, and are gradually initiating listing and purchasing activities. Overall, corn prices are trending slightly stronger. Generally, the supply and demand sides in February still face relatively high bearish pressures. Aside from the impact of weather and uncertainties in logistics and transportation, it is more likely that in the early part of February, the majority of the time, the spot transaction prices in production areas will remain stable with a slight upward trend. The probability of prices stabilizing slightly weaker in the mid to late February will gradually increase, and the likelihood of the monthly average price continuing to rise month-on-month is higher. (China Feed Industry Information Network)