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Big price hike for corn! Harvest stoppage causing a chain reaction? Can corn go up?
In the past two days, the northeastern region of corn prices have begun to usher in a sustained rise. Especially in Shandong, North China, corn prices across the board under the drive, the Northeast region, the rising situation of corn prices has become particularly significant. And in the corn prices show a favorable shift in the current, COFCO Yushu's stop collection announcement caused a series of chain reactions. There are some old iron for the next period of time for the corn market some concern, COFCO Elm's stop collection whether it represents the future of corn purchases and sales will enter into a more and more flat stage? Now the corn price situation can continue? Today, the old road will combine the market situation to the family to do a brief report. Corn rise has become a foregone conclusion, we should not be overly anxious, the specifics let's say together.

Let's focus on the current national corn market in general. From Shandong, North China, Northeast and other major staple food producing areas, corn sales situation, Shandong region, the situation of rising corn prices is particularly significant. Now many grain processing enterprises to collectively increase the purchase price of corn, single-day corn price increases maintained at 10 to 20 yuan per ton, while the highest increase in corn prices of individual enterprises has reached 30 yuan per ton. Corn prices are generally in an accelerated stage of increase, and the listing of corn in northern China is also a favorable state, many enterprises have increased acquisition efforts.

Currently, the mainstream purchase price of corn in North China, Shandong and other places, generally maintained at 2800 to 2880 yuan per ton or so. According to the current corn price situation, the northeast region corn prices in the short term to rise to 2600 yuan per ton above no problem. At present, including Heilongjiang Xinhecheng, Suihua Xiangyu processing enterprises have begun to raise the purchase price of corn, grass-roots corn prices rose in a single day of 10 ~ 20 yuan per ton. Now the mainstream offer of corn in Northeast China is maintained at about 2560~2620 yuan per ton.

With the accelerated rise in corn prices in Shandong and North China, it will further boost the corn market in Northeast China to usher in price increases. Lao Dao believes that the COFCO Yushu's brief suspension of collection does not indicate that future purchases and sales will be in a flat phase. The national corn market a chessboard, not because of individual enterprises to stop harvesting to affect the overall situation of grain purchases and sales. And at present the grain also in the northeast region to start soybean storage acquisition program, combined with Shandong, North China's corn prices, which are for us to indicate that corn, soybean purchases and sales of the inflection point stage has arrived, supply and demand has been a substantial improvement in the loose situation.

Entering into the mid-to-late April period, the corn market in the northeast will be more active. With the gradual reduction of the source of marketed grain and the gradual return of the initiative to sell grain at the farmers' end, grain processing enterprises can only accelerate the acquisition of superior grain through price increases. So superior grain price mechanism in late April, will play a more important role. Corn up naturally not a problem, the key is to be wary of some experts catching wind of the forecast, affecting the farmers end of the grain selling mentality. Now Shandong, North China's corn market has been hot, I believe that the Northeast region of the corn market ushered in the rebound is only a matter of time.