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Is corn expected to rise or fall in 2021?

2021 corn fall. Respectively from the following aspects:

1, from the auction point of view analysis, so far, this week there is no new corn auction announcement, so it seems that the temporary storage corn auction has ended. Up to now, the critical reserve corn transactions 56.84 million tons, plus a one-time reserve corn 8.02 million tons, the cumulative auction of 64.86 million tons of corn, the task of stockpiling is basically over, for the end of the year before the pressure from the auction of corn is greatly reduced.

2, from the futures point of view, last Friday, Dalian corn main 2101 contract rose as high as 2,443 yuan / ton, hit a new high of 8 years since 2012, from the spot price point of view, in the past two days, many corn prices rebounded 10-30 yuan / ton range. It can be said that the rise in futures, for the market corn market to make the market guide.

3, from the corn yield factors, although by the impact of increased corn subsidies, corn area has risen, but since late August, the three northeastern provinces and one area has suffered three consecutive typhoons, the corn appeared to fall, accounting for more than 40% of the country's total corn corn production in the northeast region corn production decline, is bound to have an impact on the overall corn production.

Expanded:

The cultivation of maize does not need a lot of cost and technology, on the contrary, the cultivation of Food needs a lot of conditions, such as must be paddy this condition, it greatly increased the cost of rice planting, while corn any piece of dry land can be planted and yield. If corn brings them high economic benefits, growers are more motivated and they are more willing to plant corn. The reduction of other grains, undoubtedly support the price of corn.

Some data show that the number of domestic hogs this year is a steady upward trend, and in the second half of this year, domestic farms of a certain size will further increase, which invariably increases the demand for corn, but also for the price trend of corn provides stable support. In summary, it is expected that in 2021 China's domestic corn market will also enter a new height.

Baidu Encyclopedia - Corn