MySheen

Corn prices continue to rise in North China

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, The purchase of corn for temporary storage in Northeast China has been launched in an all-round way, although the purchase volume is limited, it still provides a great support for the market, especially has a great impact on farmers' grain sales sentiment, and indirectly affects short-term supply and demand and market price trend. At present, it seems that North China has rebounded to a certain extent.

The purchase of corn for temporary storage in Northeast China has been launched in an all-round way, although the purchase volume is limited, it still provides a great support for the market, especially has a great impact on farmers' grain sales sentiment, and indirectly affects short-term supply and demand and market price trend. At present, it seems that North China has rebounded to a certain extent, and there is not enough power to continue to rise. The supply pressure in Northeast China is very great, the temperature drops in the later stage, and facing a large number of wet grain on the market, while the grain quality problems in Heilongjiang may lead to a large number of corn can not be absorbed by temporary storage, whether the policy can be relaxed in the later period will be an important factor affecting the price trend.

 
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