MySheen

Industry point of view: corn may be weakened in the future.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, Last week, there was a rare rainfall in the northeast, with temperatures rising and plummeting, which is very bad for corn conservation. At the same time, roads are frozen and transportation is difficult. It is expected that the progress of short-term storage may be forced to slow down. As the Spring Festival approaches, farmers' willingness to cash increases, coupled with mildew.

Last week, there was rare rainfall weather in Northeast China, and the temperature rose sharply, which was very unfavorable for corn preservation. At the same time, roads were frozen and transportation was difficult. It is expected that the short-term temporary storage progress may be forced to slow down. Near the Spring Festival, farmers 'willingness to cash in will increase, coupled with the threat of mildew, it is expected that the enthusiasm for grain sales will increase in the later period, and the price in Northeast China may show a trend of high stability and weak shock. In North China, if there is no obvious boost of price rise in Northeast China, there will be no continuous upward momentum of price, and it is expected that the trend of stable shock will dominate before the festival.

 
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