The world is full of fragrant flowers in April, and the peach blossoms in the mountain temple are in full bloom!
After all, in the most beautiful April day in the world, corn has frequently declined, which makes growers a little helpless......
At present, the domestic corn market is dominant, and recently, there has been a lot of good news in the market.
For example, the selling pressure of corn in Northeast China has decreased, the focus of the market supply and demand game has shifted, and traders have stronger bargaining power than farmers.
For example, in the new phase of Northeast China, grain storage and storage boots have landed, and market sentiment has been supported to a certain extent;
For example, the government's strict control of imported corn into the bonded zone has further boosted market expectations and alleviated the anxiety of grain farmers.
However, the corn market is dominant, and spot corn has fallen back to "grandma's house", which is really surprising.
Judging from the market feedback, at present, in the Northeast region, the purchase and sale of corn is relatively stalemate, the quotation of enterprises is in a stalemate, the market has a strong ability to resist the fall, but the rise is lackluster, and the corn market is in a weak and stable stage!
However, in the North China market, corn has fallen back to the "grandma's house", the last two days, Shandong, the arrival of grain in front of the enterprise once again exceeded 1000 cars, Shandong, the factory price phenomenon has increased significantly, the average price of spot corn fell to 1.178 yuan / jin, part of the deep processing corn listed price fell below 1.15 yuan / jin, the price is not as good as Jilin, Liaoning part of the enterprise quotation, the trend of production and marketing upside down is obvious!
So, what's happening in the market? Why is it so hard for corn to rise?
Judging from market feedback, in the past two days, there have been 2 news from the corn market!
First, the grain reserves increase reserves, the quotation is more with the market, the support for the Northeast corn market is weak, which also causes market sentiment fluctuations, some grain traders are subject to the risk of hoarding grain, and the mentality of choosing homeopathic shipments has become stronger, and the quotation of sporadic enterprises in Northeast China has been lowered;
Second, it is rumored that the auction of imported corn has resumed, which has further exacerbated the market's concern about the prospect of corn, and some traders have increased their inventory of corn, and the enthusiasm for further warehousing has weakened.
However, I personally believe that in the short term, due to the loose supply pattern at the grassroots level, and the lack of demand capacity, the market is turbulent, which is easy to affect people's emotions, but from the trend point of view, the corn market is still in the stage of bottoming out!
On the one hand, the market consumption capacity is not weak, the operating rate of deep processing enterprises is strong, the level of raw grain consumption is high, and in North China and the Huanghuai region, the inventory of mainstream deep processing enterprises is low, and the market has a strong demand for replenishment, therefore, although the factory quotation in Shandong is weak, the decline is generally only about 0.2~0.5 points, and the corn resistance still exists;
On the other hand, the breeding industry is gradually recovering, affected by the pig production capacity, the market is bullish and the sentiment is strong, recently, the price of piglets has soared, and the second breeding is positive. Superimposed, the temperature is gradually warming, the demand for feed in southern aquaculture will also increase, and the demand for corn purchased by feed enterprises will also gradually improve!
Therefore, from a rational point of view, corn is subject to a phased supply and demand game, and a narrow range of shocks may be inevitable, but with the gradual realization of good support, the prospect of corn prices is still promising, but it can only be verified by time!