This morning, corn prices are stable and strong. The number of grain delivery trucks by processing enterprises in Shandong has increased, and the pace of price increases has slowed down. At present, the grass-roots grain source is still relatively sufficient, the water has not yet fallen to within the safe storage of water, the factory can not build a long-term inventory, and it is expected that the upward space will be limited in the short term. Some processing enterprises quote as follows:
Shouguang golden corn 14 water dry grain purchase price of 2800 yuan / ton, stable;
The purchase price of Hengren Industry and Trade 14 water dry grain is 2880 yuan / ton, which is stable.
Shandong Weifang Yingxuan alcohol 14 water dry food purchase price of 2990 yuan / ton, up 40 yuan / ton from yesterday.
The corn quotation in the northeast region is stable and strong, and the purchase price of the Harbin directly subordinate library has been raised by 20 yuan / ton again, and now it is implemented at 2680 yuan / ton. However, the recent Development and Reform Commission mentioned that it will increase the efforts to ensure the supply and price stability of corn and soybeans, and coupled with the fact that targeted rice will also be released this week, the market mentality will be relaxed.
Jinzhou port today's quotation tends to stabilize the operation, the mainstream quotation of 720 corn by capacity is 2760-2770 yuan / ton, the port arrival volume increases, and the arrival of the port is 33,000 tons throughout the day today; the mainstream purchase price of corn with a capacity of more than 720 in Bayuquan Port is 2775 yuan / ton, which is slightly lower than yesterday by 10 yuan / ton, and the port volume is 18,000 tons.
Guangdong port corn market is temporarily stable, the mainstream price of second-class loose corn 2880-2900 yuan / ton, the same as yesterday. The high cost of arrivals continues to boost traders' mentality, while sluggish transactions and loose supply and demand also constrain prices.
At present, domestic corn prices are showing a stable upward trend. The surplus grain at the grass-roots level in northeast China is constantly decreasing, the market is reluctant to sell, and the enthusiasm of deep processing enterprises for building warehouses is constantly rising. In order to grab the corn, the quotation is even higher than that of the deep processing enterprises, although there is no profit for the time being, most traders have relatively high expectations for the future market, and they are ready for long-term grain storage, resulting in the current high price of corn in the northeast region.
In North China, grassroots farmers have a strong mentality of selling grain prices, the willingness to produce grain in the trade link is general, and the arrival of downstream enterprises is limited, resulting in enterprises can only replenish the warehouse by raising prices. Southern feed enterprises to digest inventory, small batches of rolling replenishment, only because of the terminal breeding pressure is larger, the downstream acceptance of high-priced corn is limited, can only passively follow the rise in corn prices in the production area.
In summary, in the short term, the corn market as a whole will still be strong, with the continuous reduction of grass-roots surplus grain, corn prices are easy to rise and fall. Recent focus has been on wheat prices and national auction policies. (Market views and operational recommendations are for reference only)
丨Source: Zhinongtong Quote Treasure 丨 Original Author: Zhang Xiaoyan
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