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Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

author:Lao Jiang said agriculture

Traders in North China "played with their lives" to make their corn fall below 1.1 yuan, and then whined and lamented that deep processing was too "cruel" -- who is to blame? Aren't they all sold by "snatching" their heads?

On the one hand, the high yield in North China, and on the other hand, the poor quality of the two factors caused the price of corn to fall "miserable".

At the same time, North China Trade has learned to predict the market, and they are predicting your prediction, choosing to sell corn in advance to prevent concentrated grain sales in May, so that their losses will be greater, and the market has just predicted your prediction.

Therefore, entering May, the pressure of centralized supply will be relatively reduced, and the rising channel of corn in North China may be opened quickly. At this point, North China corn began to rise in price.

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

Hello friends, today is April 24, 2024, judging from relevant statistics, except for April 4~6, April 16~19, Shandong deep processing has always maintained a very stable phenomenon of more than 1,000 units in the morning.

During this period, deep processing never seemed to give the market a "smiley" market. This is also the fundamental reason why the price of corn has fallen so quickly and so much.

Traders only see or hear the information and sound of the price, but forget that such a large amount of corn has been deeply processed and digested, and all that is digested is poor quality corn, and the only remaining high-quality corn is either stored by grain merchants, or is supplying feed and breeding.

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

In other words, the "gold pit" must be sold, and some people must lose money before there will be a rebound or rise in prices in the future. If everyone insists on not selling, it is equivalent to moving this pit back. This is a collective behavior, the deeper it falls, the more it proves to be sold, everyone should be happy, and should not be extremely pessimistic.

To sum up, I personally arbitrarily believe that the corn market in North China will begin to rebound and rise in the continuous price market, and everyone should be restless.

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

1. The increase in reserves mentioned in yesterday's article will continue, in order to support the market, reduce the supply of the market, and lay a solid foundation for farmers to make money in 2024~2025. This is not an empty word, but a question for the eldest brother to consider.

Second, in the area of increasing reserves, there are also relevant people in North China who have proposed that it is still a big question mark whether the toxin standards can be implemented or realized in the end, and the focus is still on the Northeast.

Third, 10 million tons of imported corn may have to be stopped, and if you want to auction it, it must be started when the price of corn is too high, and the probability of stopping the auction is very large.

Fourth, after the new wheat is put on the market, a large number of levels of storage will be started, the purpose is also for the safety of rations, but also for the price to maintain a stable market, without sharp rises and falls.

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

To sum up, there are various signs that the state has been working hard behind the scenes to stabilize the corn market, but the "extreme" sentiment of traders and farmers bearish on the market has triggered a sharp drop in prices, which has formed a "vicious circle". In the vernacular, the traders in the north and south are a dou who can't be supported.

Now it is equivalent to everyone in the "pit", your mother tells you to go home for dinner, but you are afraid of going home and being beaten, and you always find various reasons to refuse. Then there is no way, the rice is ready, but everyone has been scared by the market and vomited blood.

Let's see what kind of feast my mother has made for everyone? Corn flour processing has been suspended, imported corn imports have been suspended, imported corn auctions have been suspended, storage increases have continued, and wheat storage has been increased—what else do you need? Is it possible that three large sedan chairs will be needed to carry you?

Therefore, when the market situation has a real turning point, the dividends given to those who have firm faith are the market, ruthless, cold-blooded and restrained. At this point in time, rushing to sell grain, I'm sorry for yourself, especially your farmer friends. (Personal opinion, for reference only, does not represent correct, all nonsense)

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

The latest corn prices in the country on April 25, 2024

Shanxi Shouyang directly under the library (Mashou reservoir area, Baijiazhuang reservoir area): the first class 2350 yuan, the second class 2330 yuan.

Shanxi Xinzhou directly under the library (Yuanping Branch): first class 2380 yuan, second class 2360 yuan, third class 2340 yuan, up 20 yuan.

Luzhou, Henan: 1.13 yuan, 1 point.

Henan Jin Yufeng: 1.13 yuan, down 5 percent.

Hebei Derui starch: 1.13 yuan, down 1 point.

Hebei Ningjin Yufeng: 1.12 yuan, down 1 point.

Hebei Guangyu starch: 1.139 yuan, down 5 cents.

Hebei Hengshui Grain: 2,260 yuan for the first, second and third grades, 2,240 yuan for the fourth class, and 20 yuan for the fourth class.

Shandong Rice Energy Biology: 1.12 yuan, down 5 cents.

Shandong Huimin Chunhui: 1.145 yuan, down 5%.

Shandong Xiwang starch: 1.193 yuan, 3 centi.

Shandong Fuyang Biological: 1.135 yuan, down 5%.

Shandong Heyang Biological: 1.138 yuan, down 5%.

Shandong Seven Star Lemon: 1.453 yuan, down 5%.

Shandong Ronghai grain: 1.175 yuan, down 5%.

Shandong Feicheng Fukuan: 1.117 yuan, down 1.3 yuan.

Shandong Yucheng Bowling Bao: 1.136 yuan, down 3 percent.

Shandong Hengren Industry and Trade: 1.115 yuan, Shao Tuanku 1.115 yuan, down 5 cents.

Corn fell out of the "gold pit", rushing to sell sorry for yourself, April 25, 2024 corn market

Shandong Linqing Dejin corn: 1.117 yuan, down 3 percent. The first drop price.

Shandong Linqing De golden corn: 1.112 yuan, down 5%. The second drop price.

Shandong Linqing De Golden Corn: 1.109 yuan, 3 cents. The third drop in the price.

Shandong Xiangrui Pharmaceutical: 14~19 moisture 1.115 yuan, 19 moisture above 1.105 yuan, 7 centi.

Shandong Binzhou Jinhui corn: 1.12 yuan within 18 moisture, 1.115 yuan above 18 moisture, 5 centi.

Shandong Luzhou Group: The cycle price of naturally dried and dried corn is 1.12 yuan, and the cycle price of less than 20 tons is 1.11 yuan, falling 1 point.

Shandong Chengwu land: 1.09 yuan below 20 moisture, 1.08 yuan for 20~25 moisture, 1.055 yuan above 25 moisture, 5 centi.

Shandong Dazecheng Biology: 1.095 yuan below 20 moisture, 1.085 yuan for 20~25 moisture, 1.093 yuan above 25 moisture, 5 centi.

Jilin Fuyu COFCO: 14 moisture 2265 yuan, 14.5 moisture 2255 yuan, 10 yuan.

Jilin Deda Agriculture: 14 moisture 1.13 yuan, 15 moisture 1.1153 yuan, down 1.5 points.

Heilongjiang Hailun State Investment: 14 moisture 1.1225 yuan, 14.5 moisture 1.1158 yuan, 15 moisture 1.109 yuan, 15.5 moisture 1.1023 yuan, 2.5 cents.

Heilongjiang Jingliang Longjiang: 14 moisture 1.1375 yuan, 15 moisture 1.1239 yuan, 16 moisture 1.1102 yuan, 17 moisture 1.0966 yuan, 18 moisture 1.0829 yuan, 2.5 centi.

Heilongjiang Longfeng Company: 14 moisture dry food 1.14 yuan, 15 moisture 1.1263 yuan, 16 moisture 1.1126 yuan, 17 moisture 1.099 yuan, 18 moisture 1.0853 yuan, the first price.

Heilongjiang Longfeng Company: 14 moisture dry food 1.1375 yuan, 15 moisture 1.1239 yuan, 16 moisture 1.1102 yuan, 17 moisture 1.0966 yuan, 18 moisture 1.0829 yuan, 2.5 centi. The second drop price.

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