Recently, in terms of domestic corn, although the pace of grain sales in the producing areas has accelerated, the surplus grain at the grassroots level has further bottomed out, and in North China, the amount of enterprises in front of the door has gradually declined, but due to the lack of demand capacity, the spot supply of corn can still meet the normal start of enterprises, and the spot corn quotation continues to be low!
At present, in the northeast region, the tide grain purchase and sales are basically stagnant, after the beginning of spring, farmers are busy with spring ploughing, corn attention is reduced, the market purchase and sale game is concentrated in traders and enterprises, due to the high cost of early traders, and the local grain storage to increase the reserve to cash in good, grain traders are reluctant to sell strong, the bottom of the corn market support highlighted!
However, the channel inventory remains high, the corn outgoing is not smooth, the supply pressure still exists, and the consumption capacity is insufficient, the mainstream feed and deep processing replenishment demand is general, and the spot corn continues to run weakly and steadily!
In the North China market, recently, the grassroots surplus grain has gradually decreased, and the amount of corn has decreased, but due to the warming temperature and the imminent listing of new wheat, traders have poor demand for further replenishment.
On the demand side, due to the acceleration of pig production capacity, the sow herd fell to 39.92 million, the first quarter of meat and poultry concentrated slaughter, feed consumption capacity deteriorated, the mainstream feed enterprises corn consumption capacity is poor, and the deep processing enterprises passive inventory is high, rolling warehousing-based, price increase sentiment is weak, corn spot slightly biased!
According to data analysis, on April 19, the listed price of corn in the producing areas was updated, and it fell, and the corn "fell sharply"! In Northeast China and North China, some enterprises continued to reduce the performance of grain collection, and the specific market is as follows:
Northeast market: Jingliang Longjiang down 0.25 points, quoted at 1.145 yuan; Inner Mongolia Fufeng fell 0.5 points, quoted at 1.18 yuan; Jinzhou Port Yongfenglong fell 1 point, quoted at 1.17 yuan; Hailun Guotou fell 0.25 points, quoted at 1.1325 yuan/jin; Fujin Xiangyu fell 0.58 points, quoted at 0.9884 yuan/jin; Tongliao plum blossom fell 0.5 points, quoted at 1.155 yuan/jin! Heijiliao and Inner Mongolia areas, the average spot price of corn was 1.117 yuan/ catty, the mainstream deep processing price is 0.9~1.185 yuan/catty;
Shandong market: In the morning, the amount of enterprises in front of the door was 708 cars, an increase of 128 cars from the previous day! The amount of corn in front of the door increased, and the deep processing quotation in Shandong was weakly adjusted! Among them, Pingyuan Fuyang fell 0.3 points, and the quotation was 1.147 yuan/jin; Dongping Xiangrui fell 0.5 points, and the quotation was 1.13 yuan/jin; Changle Shengtai rose 0.5 points, and the quotation was 1.161 yuan/jin! The average price of corn in Shandong was 1.158 yuan/jin, and the listed price of corn of mainstream enterprises was 1.13~1.18 yuan/ Some enterprises are listed at a price of less than 1.13 yuan per catty;
Hebei market: Qinhuangdao Lihua fell 0.5 points, quoted at 1.165 yuan/jin; Changli Pengyuan fell 0.5 points, quoted at 1.18 yuan; Tangxian Jugu fell 0.5 points, quoted at 1.135 yuan; the average price of corn in Hebei was 1.151 yuan, and the mainstream tsundere was 1.135~1.18 yuan/jin;
Personally, I believe that at present, with the reduction of surplus grain at the grassroots level, the level of corn may gradually decline, however, due to the high inventory of dry grain in the channel, the pressure on corn spot supply still exists! In the short term, the corn market lacks a unilateral upward trend, and the price may remain low and volatile.
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