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Corn prices are starting to rise! What is the trend of grain prices in November? 2 good news that farmers need to know!

Hello fellow veterans and family members! I am an old Taoist from rural areas and farmers! As November approaches, the price of corn in Northeast China has seen a positive momentum of continuous price increases in the past two days. There are more and more favorable factors that are boosting the price increase of corn in Northeast China.

Although the corn prices in Shandong and North China are fluctuating, the price increase of corn in Northeast China is particularly significant.

According to the relevant news learned by Laodao, the current price of starch corn in Bashan, Inner Mongolia has increased by 40 yuan per ton, and the highest quotation has reached 1.370 yuan per catty; at the same time, the price of new season tide grain in Xiangyu, Beian There has also been an increase, with an increase of 20 yuan per ton, and the current purchase price of 30 pieces of wet grain is 1.030 yuan per catty; the purchase price of tide grain in Suihua Haotian is now maintained at 1.275 yuan per catty, with an increase of 20 yuan per ton; Now more and more deep processing companies have begun to increase the price of corn, and Qinggang Longfeng, Jingliang Longjiang and other companies have also joined the ranks of price increases.

Corn prices have ushered in a series of good news, which once again shows us that the golden period for corn price increases in Northeast China has officially arrived.

COFCO and Sinograin organized a series of corn auctions some time ago, which also showed the characteristics of high transactions and high premiums. This also completely shattered some experts’ previous opinions that the corn market in Northeast China had reached its peak. Research and judge.

Lao Dao believes that as November approaches, rising corn prices in Northeast China will become a major trend. There are two good news that I hope everyone can understand!

Good news 1: After entering November, autumn grain purchases have been fully launched. With the concentrated launch of new season corn and soybeans, grassroots grain prices have risen uncharacteristically.

It can be seen that the buying and selling channels have an urgent need to acquire corn.

With the market situation ushering in a series of favorable conditions, it will not be a problem for Northeast corn prices to break through the average level of previous years.

Good news 2: Domestic pig prices are also showing a positive trend of strong price increases, and the mainstream purchase price of pigs at the grassroots level has risen to 15 yuan per catty.

Driven by the surge in pig prices, consumer demand for feed is also rising.

Consumption demand for feed ingredients such as corn and soybean meal has increased significantly, which will further boost grassroots grain prices.

Based on the above two good news, with the favorable regulation of national policies and the urgent procurement of purchase and sales channels, the competition among channels in the purchase and sale of corn will become more intense, which will also usher in a new era for grassroots corn. Continuous price increases bring opportunities.

I hope that veteran farmers can have a basic grasp of the future corn price trend.

Lao Dao believes that the possibility of the corn purchase price rising to 1.5 yuan per catty this autumn still exists. Let us wait and see.