The price of corn has gone up! Stop harvesting and cause a chain reaction? Can corn go up?

In the past two days, the price of corn in Northeast China began to rise continuously. Especially driven by the overall price increase of corn in Shandong and North China, the trend of corn price increase in Northeast China has become particularly significant. At present, in the case of favorable changes in corn prices, COFCO Yushu announced the suspension of harvesting, which caused a series of chain reactions. Some old irons are worried about the corn market for some time to come. Does the suspension of COFCO Yushu mean that the purchase and sale of corn will enter an increasingly dull stage in the future? Can the current situation of corn price increase continue? Today, Lao Dao will give his family a brief report on the market situation. The rise of corn is a foregone conclusion, so don't be overly anxious. Let's talk about the specific situation together.

Let's pay attention to the overall situation of the national corn market at present. Judging from the sales situation of corn in Shandong, North China, Northeast China and other major staple food producing areas, the price increase of corn in Shandong is particularly significant. At present, many grain processing enterprises collectively raise the purchase price of corn, and the single-day increase of corn price remains at 10~20 yuan per ton, while the highest increase of corn price of individual enterprises reaches 30 yuan per ton. The overall price of corn is accelerating, and the listing of corn in North China is also in a favorable state, and many enterprises have increased their acquisition efforts.

At present, the mainstream purchase price of corn in North China, Shandong and other places is generally maintained at around 2800~2880 yuan per ton. According to the current corn price situation, it is not a problem that the price of corn in Northeast China rises to more than 2,600 yuan per ton in a short time. At present, processing enterprises including Heilongjiang Xinhecheng and Suihua Yu Xiang have started to raise the purchase price of corn, and the price of grass-roots corn has increased by 10~20 yuan/ton in a single day. At present, the mainstream price of corn in Northeast China is maintained at 2560~2620 yuan per ton.

With the acceleration of corn prices in Shandong and North China, it will further boost the northeast corn market to usher in price increases. Lao Dao believes that the short suspension of COFCO Yushu does not mean that the future purchase and sale will be in a dull stage. A game of chess in the national corn market will not affect the overall situation of grain purchase and sale because individual enterprises stop production. Moreover, at present, China Grain Storage is still launching the soybean purchasing and storage plan in Northeast China. Combined with the rising corn prices in Shandong and North China, it indicates that the inflection point of corn and soybean purchase and sales has arrived, and the loose supply and demand situation has been substantially improved.

In the middle and late April, the northeast corn market will be more active. With the gradual decrease of grain sources entering the market, farmers' enthusiasm for selling grain gradually returns, and grain processing enterprises can only accelerate the acquisition of excellent grain by raising prices. Therefore, the mechanism of excellent grain and good price in late April will play a greater role. Naturally, it is not a problem for corn to go up. The most important thing is to be alert to the predictions of some experts, which will affect farmers' mentality of selling grain. Now the corn markets in Shandong and North China have been heated up, and it is only a matter of time before the corn market in Northeast China is warming up.