The 2201-day line level of corn rose to the last high of 2736 and fell back. The 20-day line stabilized near 2637, and rebounded to a maximum of 2685 the next day. Admission at 2780 today. The logic is as follows:

1. Overall, at a glance, the daily line shows an upward trend, and it is obvious that the line is diagonally upward.

2. The previous high fell back, stabilized, and rebounded. It shows that there is support on the 20th line and someone is willing to buy. Therefore, following the trend of buying at the opening of the next day, the difference between entering the market with soybean meal 2201 is:

1. After the price of soybean meal 2201 dropped sharply, the technical indicators bottomed out, stabilized, and rebounded. It belongs to the initial stage of the trend

2. Corn 2201 is when the price continues to rise, then falls, stabilizes, and rebounds. It belongs to the continuation stage of the trend. Corn 2201 is looking at around 3000, and the position time is more than 3 weeks.

Essentially speaking, the price of commodities like corn "rises and falls" mainly depends on whether supply and demand are balanced. Recently, the price of corn 2201 main contract has continued to rise, which shows that the supply of corn is "less than" demand, so its price will rise.

In this regard, some people may raise such doubts. Now that the autumn grain harvest in northern my country has basically ended and the market supply is sufficient, why does the main contract price of corn 2201 continue to rise? Maybe there are other reasons. Let's do it! Next, let's carefully analyze why the supply of corn is "tight"?

First of all, starting with the climatic conditions for my country's autumn grain harvest this year, unlike previous years, during the National Day this year, northern China "Heavy rainfall" has occurred in some areas, especially in southern Shanxi, and "floods" have occurred, which has extended the harvest period of autumn grain and forced the release of autumn grain in the north to be postponed this year. Next, we will carefully analyze why the supply of corn is "tight"? First of all, let's start with the climate conditions for my country's autumn grain harvest this year. Different from previous years, during the National Day this year, "heavy rainfall" occurred in most areas of the north. This phenomenon, especially in southern Shanxi, also caused "floods", which extended the harvest period of autumn grain and forced the postponement of the release of autumn grain in the north this year.

However, at this time, the market demand has also "increased", which has resulted in the supply of corn being "less than" the demand, thus forcing the price of the main corn 2201 contract to continue to rise. Secondly, after entering November, the harvest of autumn grains was finally finished and had not yet been "dried". Immediately afterwards, most areas in the north experienced "strong cooling", and some places even received "heavy snowfall". Last Saturday and Sunday, my country's Northeast and North China regions experienced widespread "snowfall", which not only "delayed" the launch of new corn again, but also "increased" the cost of corn drying and transportation.