MySheen

Industry point of view: corn in North China falls and storage in Northeast China becomes stricter.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, Recently, the two major corn producing areas in Northeast and North China are running around different themes. First of all, some enterprises in Heilongjiang were affected by the tightened temporary storage standards, and the acquisition was suspended for a time. Under the situation that the temporary reserve acquisition progress is too fast, the attitude of the state to adjust the acquisition speed is clear.

Recently, the two major corn producing areas in Northeast and North China are running around different themes. First of all, some enterprises in Heilongjiang were affected by the tightened temporary storage standards, and the acquisition was suspended for a time. Under the situation that the temporary reserve acquisition progress is too fast, the attitude of the state to adjust the acquisition speed is obvious. Secondly, North China has finally cleared up after more than a month of rain, snow and haze weather, and the market expects that the supply of dry grain will recover quickly in the future, while the progress of grain sales in Hebei is lower than usual, and the late concentrated listing may deal a blow to grain prices in North China again. According to the comprehensive situation of the producing areas, the pressure of corn is still on the high side in the future, and the purchase and sale still need to be cautious.

 
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