But in recent years, the domestic price of corn is like a "roller coaster" in general, so people can not understand, so there are a lot of people are curious about the price of corn in the end who decide? What are the factors that affect the price of corn? One to understand it.
Corn as a source of breeding feed, is a popular food crop on the market, and its price has been the focus of attention.
But in recent years, the domestic price of corn is like a "roller coaster" in general, so people can not understand, so there are a lot of people are curious about the price of corn in the end who decide? What are the factors that affect the price of corn? One to understand it.
Who decides the price of corn?
From an economic point of view, there are two big hands behind the corn manipulation, one is called "market", another is called "policy".
In layman's terms, the price of corn in China has always been manipulated by the state, and the market as a regulator.
What are the factors that affect the price of corn?
1, corn supply and demand
Corn supply is less than the overall demand, its market price will be higher.
The opposite will be lower.
2, the national policy
The national food industry policy has been affecting even around the corn market and corn prices.
3, the impact of climate
Corn as an agricultural product, both spot prices and futures prices will be affected by weather factors.
4, macroeconomic
From the macro side of the analysis, the price of corn will be corresponding fluctuations, the economic cycle is very important as one of the factors affecting.
5, the import market
In 2021, with the arrival of the new imported corn market, the price of corn may be a certain price decline.
China's corn price trend analysis
1, 2020: the new season of corn market, may make the price retracement, but still remain high; due to the supply and demand gap increases, the import pressure increases, it is expected that imports from the U.S. will increase, but will not break the 7.2 million tons of quota; alternative to the increase in the demand for corn feed: wheat, barley, sorghum, DDGS (wine lees) Protein feed), etc.
2, 2021: production and demand gaps widen, import pressure increases, may break through the import quota; corn imports increase, will be on the domestic corn prices to form pressure.
In general, corn prices are first controlled by the state to domestic corn prices, at the same time, China's corn prices will also be affected by grain enterprises and large grain traders.