Corn partial rebound! Soybean meal rose for four days in a row, totaling 120 yuan / ton!

[corn Price Market Daily]

Zhi Nong Tong APP data show that: August 10 domestic corn prices stopped falling and stabilized, the local slightly fluctuated, a range of about 20 yuan / ton. Heilongjiang rotational corn boarding price 1550-1670 yuan / ton, local deep processing enterprises listing price 1610-1650 yuan / ton, Jilin 13-year rotating corn boarding price 1630-1740 yuan / ton, Liaoning local auction corn actual arrival price 1780 yuan / ton, previous 15-year new grain purchase 1920-1950 yuan / ton; corn purchase price in Henan, Hebei, Shaanxi, Shanxi and Anhui basically stable at 1740-1840 yuan / ton Local corn prices in Shandong remained stable at 1680-1720 yuan / ton, deep processing enterprises in some areas raised the purchase price by 20 yuan / ton, corn transaction prices in northern ports remained stable at 1800-1830 yuan, local corn purchase prices in Nangang continued to drop slightly by 20 yuan / ton, inland corn prices in Jiangsu stopped falling and stabilized, and second-class corn arrival prices in northwest Sichuan fell to 2030-2100 yuan / ton.

Recently, corn prices have stopped falling and stabilized, mainly with slight fluctuations in some parts. There is a bullish voice in the market: it is believed that the early grain enterprises have basically run out of procurement inventory, coupled with the holiday effect, or will usher in a wave of procurement boom, driving up corn prices. However, judging from the weak market conditions, Xingxianbao believes that the increase in corn prices is limited.

[soybean meal Price Daily]

Zhi Nong Tong APP data show that: August 10 national soybean meal prices continued to rebound slightly, an increase of 20-30 yuan / ton. Most of the mainstream quotations of soybean meal in Shandong coastal oil factories have been raised by 10-20 yuan / ton, while those in inland areas have basically risen to more than 3100 yuan / ton. The price of soybean meal in Jiangsu port oil plants has also been raised by 10-20 yuan / ton, and the local price of high-protein soybean meal has been raised by 3220 yuan / ton. Zhejiang and Shanghai have steadily raised the price of soybean meal; many oil factories in Guangdong and Guangzhou have raised the price of soybean meal by 20-30 yuan / ton, the highest price has risen to 3250 yuan / ton; the whole line of Fujian has increased by 20-30 yuan / ton. The price of soybean meal from oil factories and traders in Beijing-Tianjin-Hebei region rose 20-40 yuan / ton; Jilin and Liaoning rose 20-30 yuan / ton; Henan local mainstream oil plant soybean meal price increased 20-30 yuan / ton; Anhui soybean meal price rose to around 3160-3200 yuan / ton; Shaanxi and Shanxi stable; Hubei, Hunan mainstream soybean meal price rose 20 yuan / ton; Jiangxi increased 30 yuan / ton; Sichuan rose steadily; Yungui region was mainly stable.

Us bean export demand strong speculation theme continues to heat up, driving China's soybean meal prices rose for 4 days in a row, while yesterday's transactions were higher than before. The US agricultural supply and demand report is about to be released in August. If the data is bad for the market, the price of soybean meal in China may regain its downward trend. In addition, the future weather speculation on the market is still variable, the future soybean meal prices to maintain a higher probability of concussion.