MySheen

Industry point of view: there is still room for corn prices to fall before and after the National Day.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, Since the announcement of the temporary storage policy of new corn, corn prices in North China and Northeast China have declined, especially in North China, and the prices of new and old corn are basically the same. At the same time, the pressure of new corn listing is gradually emerging, and the corn market in the north and south ports is weak.

Since the announcement of the temporary storage policy of new corn, corn prices in North China and Northeast China have declined, especially in North China, and the prices of new and old corn are basically the same. At the same time, the pressure on the listing of new corn is gradually emerging, and the corn market in the north and south ports is still weak. In addition, at present, it is getting closer and closer to the "National Day" festival, but the prices of domestic live pigs and corn by-products continue to weaken, putting pressure on the already depressed domestic corn market again. After the National Day, after the northern summer corn has been harvested and listed one after another, the market will be under further pressure.

 
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