Today, corn prices in North China continue to rise, Shandong leads the rise, and Henan and Hebei trot to keep up:
Zaozhuang Hengren Industry and Trade 14% water purchase price of 2840 yuan / ton, up 10 yuan; Shandong Fuyang biological starch 18% water purchase price of 2750 yuan / ton, up 10 yuan; Weifang Shengtai Pharmaceutical 14% water purchase price of 2686 yuan / ton, up 10 yuan.
Henan Feitian starch purchase price of 2764 yuan / ton, up 10 yuan; Hebei Guangyu starch sugar industry purchase price of 2684 yuan / ton, up 10 yuan.
The rise in corn prices in North China is mainly due to the continuous decline in prices before, the sharp decline in the volume of vehicles in front of the door of processing enterprises, and the increase in purchase prices in order to lock in grain sources.
The corn market in the northeast region has diverged, and the quotations of enterprises in Heilongjiang and Inner Mongolia are mainly adjusted, and the quotations of enterprises in Jilin have risen:
COFCO Biochemical Yushu Company's 14% water corn purchase price of 2480 yuan / ton, up 20 yuan;
Heilongjiang Yipin Biotechnology 14% water new corn purchase price of 2420 yuan / ton, down 20 yuan;
Heilongjiang Zhaodong COFCO 30% water new corn purchase price of 1890 yuan / ton, down 8 yuan;
Pengcheng Biochemical 14% Water New Corn purchase price of 2376 yuan / ton, down 24 yuan.
At present, the corn listed in the northeast is mainly intolerant of storing tide grain, and its own price is not high, coupled with the low moisture when traders and processing enterprises collect grain, dragging down the overall price of the market.
The quality of corn in Jilin and surrounding areas is relatively good in the northeast production area, and the price has been the highest, and last week's northeast corn rise is led by the Jilin region, and this week's price reduction in the Jilin region has shown strong resistance to falling.
The northern port collection volume is 45,000 tons, the mainstream purchase price is 2590-2600 yuan / ton, and the mainstream transaction price of the southern port is 2810-2830 yuan / ton, and the price is stable.
The price of the southern sales area is stable, the new corn in the northeast has arrived, and the tight market supply situation is expected to gradually ease.
Due to the recent large increase in wheat prices, the price of feed wheat has surpassed that of corn. According to a feed factory in Chongqing to the market treasure response, the feed wheat into the factory price has risen to 3000 yuan / ton, corn is only 2950 yuan / ton. The wheat substitution effect weakened, the demand for corn in feed mills increased, and the procurement was positive.
In summary, this round of price increases in North China can be said to be a victory for farmers to "carry prices". Because prices have been falling, peasant households have chosen to sell them, and enterprises cannot collect grain, so they can only increase the purchase price.
However, it is difficult to maintain the effect of relying on farmers to sell "carry prices", and price increases still depend on demand. Now that the signs of the rise have been there, whether it can continue depends on the Spring Festival stocking of feed factories and processing plants. What will happen to the corn market in December? The market treasure is still the previous view, the price of corn in December will fluctuate with the rhythm of corn listing, and there will be no unilateral market with big rises and falls. (Market views and operational recommendations are for reference only)
丨Source: Zhinongtong Quote Treasure 丨 Original Author: Zhang Xiaoyan
丨 Disclaimer: This article only represents personal views, the analysis information contained in the article or the opinions expressed are for reference only, do not constitute advertising, and in any case do not constitute production, operation, sales, trading, investment advice to anyone. The Company does not make any guarantee for the accuracy and completeness of the information of others quoted in the article, and any risks, losses and liabilities arising from any actual production, investment or other decisions made by any person based on the information or opinions herein shall be borne by themselves and shall have nothing to do with the Company.
丨 Original copyright notice: Any form of reprinting must ensure the integrity of the article graphics and text, and the author, author unit and source information must not be deleted. Zhinongtong Quotes Treasure reserves all rights to this!