Recently, the supply of corn stocks in the port exceeds the demand.

Current port corn stocks are insufficient to meet demand. As of August 23, the inventory of the four northern ports is 2.401 million tons, excluding temporary storage, imports and futures corn, the quantity available for trade circulation port storage is 350000 tons. The quantity of high-quality corn that can be used to meet the production of pig feed in the circulation trade port is less than 200000 tons, and the effective supply capacity is insufficient, especially high-quality corn. As of August 20, Guangdong port corn inventory is about 450000 tons, of which domestic trade corn is about 180000 tons, foreign trade corn is about 270000 tons. According to the current average daily delivery of 10, 000 tons of corn, daily shipments of 20, 000-25000 tons, it is estimated that by the end of the month, Guangdong domestic trade corn carry-over inventory is only 140000 tons.

The market expects that with the increase in demand from September to October, the inventory of major traders will fall to the lowest level in history, coupled with the end of the stock removal of feed factories, the listing of new grain is likely to be postponed, and the high-quality corn in the southern sales area will usher in a wave of intermediate market from September to October. The increase may be more than 100 yuan / ton, and the price of high-quality pig corn in Guangdong has climbed to 2550-2600 yuan / ton.