China corn production and processing cassava starch, ethanol and electric energy enterprises, the demand for corn is also particularly huge. With the improvement of environmental protection and the promotion of ethanol gasoline, the annual demand for corn in China is increasing at around10 million tons. In this year, raw pork has been increasing, and the aquaculture industry is also booming. Now it is reported on the Internet that classical swine fever virus has spread in some areas, but only in a small scale. As one of the feeds, corn has many uses. Basically, all the farming industries can use corn as feed, and it is more important to breed sheep on our side. Therefore, as a kind of multifunctional feed, it is more necessary to determine the price with more market, and it will not fluctuate too much because of classical swine fever virus.
The country is now vigorously developing rural aquaculture and expanding the scale of rural aquaculture. This is a message that is very beneficial to corn. The increase of breeding scale is equivalent to increasing the consumption of corn as feed, and the national marketing and promotion of soybean planting as feed and other reasons. It is all good to fully consider the prospects of corn industry. Considering the influence of African swine fever, the aquaculture industry has been a problem for many years, which is a big dilemma, and it will also cause great harm to the price of corn. The root cause is that corn, as a key raw material in the feed industry, accounts for 60% to 70% of the feed.
The application scope of corn is as the raw material of feed, so the depression of aquaculture will hit the price of corn. Compared with previous years, the total output of temporary storage corn in China has been greatly reduced. Coupled with the extensive and large-scale production restriction of corn this year, the market price of corn in the new season is on the high side. At present, the price of corn in Northeast China is about 0.86 yuan/kg, while that in South China is 0.96 yuan/kg, which has already been raised in various places. I expect that the overall price of corn may exceed 1 kg by the end of this year.