The price of corn in Northeast China has gone up! The soybean meal rises slightly, when does the low point appear?

[corn Price Market Daily]

On June 23, corn prices across the country rose in many places, and the northeast market, which has been calm, rose abruptly. Corn prices rose again after two days of stagflation in the Huanghuai producing area of North China, and the northern ports were raised locally. The policy grain circulation in the four northeastern provinces is mainly supported by the shortage of high-quality corn, and the rotation corn increases in varying degrees. The exiting price of rotation corn in Jilin area is 1670-1780 yuan / ton, and the price of some high-quality corn is 1800-1850 yuan / ton; the prices of Liaoning, Inner Mongolia and Jilin are basically similar; the exiting price of corn in Heilongjiang is 1580-1700 yuan / ton. Some parts of Huanghuai in North China continued to rise. The price of corn in some areas of Shanxi, Hebei and Henan has been raised by 20-40 yuan per ton, and the price has risen to 1880-1960 yuan per ton. Henan local deep processing enterprises increased to 60 yuan / ton. Deep processing enterprises in Shandong have suspended price increases in the past two days, the highest price has been maintained at 2060 yuan / ton, and the local mainstream price has basically risen to more than 1900 yuan / ton. The supply of goods in the port is tight, and prices have risen in varying degrees. The price of corn bunk in Beigang basically rose to more than 1950 yuan / ton, an increase of 50 yuan / ton. Liaoji high-quality corn in port reported 2150-2180 yuan / ton, mostly in 2150. The mainstream price of Shekou Port in Guangdong Province, the main area of Nangang, is 2150-2180 yuan / ton. The sales area in the south is operating steadily. The arrival price of corn in North China in Jiangsu and Zhejiang is 1950-2020 yuan / ton, and the out-of-stock price of corn produced in Shanghai in 2014 is as high as 2100 yuan / ton. The arrival price of grain in northwest Sichuan is 2100-2220 yuan / ton. The price of pig feed and corn in some areas of Hubei is as high as 2130 yuan / ton.

At present, the source of grain at the grass-roots level in Huanghuai and other places in North China has basically bottomed out in this season. with the increase in the backflow of grain from the northeast to North China, corn prices in this area are expected to basically peak. Coupled with the orderly auction, enterprises submit a petition to put pressure on the Food Bureau, high-quality corn auction may be carried out as scheduled, when corn prices or fluctuate in a specific range, it is not appropriate to pursue too much.

[soybean meal Price Daily]

June 23, the national soybean meal prices rose slightly, an increase of 10-40 yuan / ton, mainly stable in some areas. Among them, the quotations of foreign-funded Yihai oil plants and domestic 93-series oil plants have been slightly raised by 20 yuan / ton. The price of soybean meal in the main coastal ports of Shandong and Jiangsu is 3380-3420 yuan / ton, an increase of 20-40 yuan / ton. The common protein soybean meal in the hands of most oil factories in the two provinces basically bottomed out, and the price of high-protein soybean meal was 3500-3520 yuan / ton. The price of soybean meal in Zhejiang and Shanghai is 3450 yuan per ton, with a local increase of more than 50 yuan per ton. The price of soybean meal in Guangdong and Guangxi has risen by 10-20 yuan / ton, which has remained stable in many places. The mainstream price range is 3420-3460 yuan / ton, and the quotation of soybean meal in some foreign oil factories is more than 3500 yuan / ton. Fujian rose steadily and moderately, with a price of 3430-3450 yuan / ton. Oil factories in Tianjin, Beijing and Hebei quoted prices of 3400-3430 yuan / ton, an increase of 20-40 yuan / ton. The price of soybean meal in Jilin and Liaoning provinces rose 20-30 yuan / ton, while the price in Jilin area was on the high side at 3580 yuan / ton, and the mainstream quotation in Liaoning area was 3500-3540 yuan / ton. The price of soybean meal in Henan and Hubei increased by 20 yuan / ton, with a price range of 3490-3510 yuan / ton. Hunan and Shaanxi soybean meal increased by 20 yuan / ton to 3520-3530 yuan / ton. Anhui raised 20 yuan / ton across the line, with a price range of 3450-3460 yuan / ton. Shanxi and Jiangxi are stable. Oil factories and traders in Sichuan and Kunming have all raised 10-20 yuan / ton, and the price is at the highest price in the country, 3630-3650 yuan / ton.

The domestic spot market of soybean meal was once again driven by the rise in the futures price of US beans last night, with a rise of 10-40 yuan per ton, but the rising trend was significantly weaker than that in the previous period. For the report on the planting intention of American beans at the end of the month, there are differences in the market, some expectations are short, and some expectations are too much. From the transaction point of view, we need to wait and see at present.

(source: Zhi Nongtong APP Xingxianbao, author: Zhao Tian)

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