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What will happen to corn after the end of June auction? take a look at

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, From the corn market trend to see, since the Spring Festival after the start of the rising rhythm, in mid-March many regional prices exceeded 2000 yuan per ton. However, due to the accelerated pace of the auction, the market grain supply gradually relaxed and the price gradually declined, while with the...

Judging from the trend of the corn market, the rising pace has been started since the Spring Festival, and the price in many areas broke through 2000 yuan per ton in the middle of March. But then, due to the accelerated pace of the auction, the market grain supply gradually relaxed and the price gradually declined, and with the three consecutive auctions in April, with each huge market launch of 7 million tons, corn prices completely hit rock bottom. Up to now, the price of corn is 1950 yuan per ton. For the market trend after the end of the auction in May, here are a few views.

Shortage of surplus grain in the market

At present, it has entered May, and it is estimated in the market in April that the surplus grain in the hands of farmers is less than 20%, but now I am afraid that the surplus grain in the market is less than 10%. Under such environmental conditions, after the end of the auction, the supply of corn in the market can only be transferred to farmers and grain traders, at that time, the rise in grain prices is bound to be a high probability, and this is also the time when the market is in short supply.

High quality and high price are still maintained.

Judging from the corn auctions, the quality of corn is basically the old corn before 2015, and even some of the corn auctioned can not be used as food deep processing, can only be used as industrial use, we can see the quality of corn auctioned in temporary storage. After the temporary storage auction, the grain in the hands of farmers is basically of high quality in 2017, which is very suitable for feeding. How can it not rise at a time when supply is most scarce in the market?

Elimination of the influence of auction

From the March auction, we can see that the volume of each auction is actually very small, tens of thousands of tons at a time. However, people have strong expectations for the future temporary storage auction, both traders and corn processing enterprises are waiting for corn procurement to stop, in this case, corn can not rise. But once it is confirmed that the temporary storage auction is over, then there will be a lot of room to rise.

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