Poor demand in corn market corn prices are under pressure downward-corn prices

Since the end of last week, corn prices in North China and southern sales areas have opened a downward mode. Due to the increase in the volume of goods arriving in front of their doors, corn prices have been continuously reduced, of which the price of wet grain has dropped significantly, falling by 60-70 yuan per ton. the mainstream of dry grain has dropped by 30-40 yuan per ton, and the arrival price of northwest grain in the southwest sales area has dropped by about 40 yuan / ton compared with last week. There is still more than a month to go before the Spring Festival, and grass-roots farmers' mentality of selling grain has changed, and most of them are eager to cash in before the festival. however, due to the bad weather in the early producing areas and the recent serious haze weather in North China, corn in North China is still facing the embarrassing situation of high moisture, which is mainly purchased and sold in the market, and it is not easy for grain sources to go south. From the point of view of terminal demand, daily demand stimulates farmers to release pigs and concentrate on corn consumption; before the Spring Festival, feed enterprises in sales areas are cautious in purchasing raw materials, and on the premise of stable inventory, they purchase on demand, the market is not prosperous, corn prices are lukewarm, and bearish expectations increase. Zhuo Chuang predicts that under the situation of loose grain supply and weak demand, corn prices in North China and South China will continue to be under pressure in the near future, and the northeast region may be temporarily stable due to temporary storage and acquisition, but the state reserve does not meet the standard grain also faces some room for reduction.