The main reasons for the "skyrocketing" of corn:
1, dealers hoarded grain at extremely high prices: although corn soared, farmers' big brothers didn't get any benefits. When the grain just came down, it was sold to dealers at low prices, commonly known as grain dealers. After all, for farmers, storage conditions are limited, and it is also a last resort to sell grain early. In the period when the supply is green and yellow, dealers began to raise the price of corn continuously, because the grain was in their hands and they had absolute right to speak, which led to higher and higher corn prices.
2, hype: corn itself is a bulk product, and many investors have released hype news. For example, bad weather, policy news, breaking news and other aspects of speculation will cause corn prices to rise.
3. Consumption rebound: the production capacity of aquaculture terminal gradually recovered. As the most important feed material, corn consumption will definitely pick up.
4. Temporary storage auction is hot: This year's temporary storage auction is extremely hot, not only almost all of them are sold, but also the transaction price is much higher than the auction reserve price, and the premium is obvious. As a result, the cost continues to rise, and the price naturally rises after being shipped to various places.
The cost of growing food has increased. If we compare the cost of growing grain, we will find that the cost of growing grain today will be significantly higher than that of six years ago. This rising cost has also largely supported the rise in food prices.
New corn in North China will be listed one after another, and corn in Northeast China will be harvested and listed after 1. Then, in the face of the current high corn price, will the price of new grain increase significantly compared with last year?
At present, the areas with frequent fluctuations in the corn market are still concentrated in North China. The corn prices in Shandong, Hebei, Henan and other major producing areas have been falling since the beginning of August, with the highest cumulative decline exceeding 200 yuan/ton. Mainly due to the increase of grain sources in circulation at the grass-roots level, especially the acceleration of the auction delivery of grain in Northeast China, and the continuous increase in the amount of grain entering the customs, traders took the initiative to reduce prices. However, high-quality grain sources in various places still maintain high prices, and the gap between new grain prices in the market has widened, and the phenomenon of high quality and good price is obvious.
Quotation Bao believes that with the emergence of negative effects such as frequent policy regulation, centralized policy grain delivery, new corn coming on the market one after another, and imported grain coming to Hong Kong, it is difficult for domestic corn prices to rise sharply again. New corn in North China will face a large number of listings, and the price fluctuation is particularly frequent during the alternation of new crops. We will continue to pay attention to the open scale price of enterprise procurement.
According to market data, the domestic corn market is stable and weak, and the decline areas are concentrated in Shandong, Henan and some ports, with a decrease of 10-20 yuan/ton. Influenced by factors such as centralized delivery of policy grain, listing of spring corn and arrival of imported grain, traders' enthusiasm for price reduction and shipment continued to increase, and grain-using enterprises kept pushing down prices. However, the price of high-quality new grain remained firm and stable, and the decline in market prices gradually slowed down.
The price of corn in the northeast producing area is running smoothly, and the state has continuously improved the qualification of the next auction of corn and demanded to speed up delivery. At present, the purchase price of corn deep processing enterprises in Northeast China is stable, including the listing price of Heilongjiang 1950-2090 yuan/ton, Inner Mongolia 1970-2 180 yuan/ton, Jilin 1980-2 150 yuan/ton.
The price of corn in Huanghuai producing area of North China is stable and weak. Today, the falling areas are concentrated in Shandong and Henan. The purchase price of corn in some local grain enterprises continued to be lowered 10-30 yuan/ton. Because the remaining vehicles in Chenmen are still relatively stable, the decline is slightly slower than before. According to statistics, there were about 603 vehicles left in front of Shandong deep processing enterprises in the morning, 60 more than yesterday.
The corn market in Nanbei Port continues to be weak. The mainstream price of new corn in Jinzhou is 2230-2260 yuan/ton, and the mainstream price of Bayuquan is 2230-2270 yuan/ton, and the callback is 10 yuan/ton; The mainstream price of bulk corn in Shekou, Guangdong Province is 2370-2390 yuan/ton, down from yesterday 10-30 yuan/ton. The arrival of goods in North Port is general, and the inventory in South Port is also low, but the downstream grain enterprises are reluctant to establish long-term inventory, and the sluggish demand depresses the market price.