April is coming to an end, recently, the decline in the corn market has further emerged, at present, North China and the Huanghuai region, part of the deep-processed corn listed price fell to 1.1 yuan / catty.
Northeast corn is relatively strong, however, the phenomenon of sporadic enterprise price has also increased, the corn market is facing the situation of production and marketing upside down, the cost performance of Northeast corn is not as good as before, and the difficulty of traders to send grain sources continues to increase!
At present, the Northeast and North China markets, traders have completed the construction of the library of 7788, due to the high cost of warehousing in the early stage, at this stage under the traders' inventory corn is facing the phenomenon of upside down, mainstream traders are cautious warehousing, corn hoarding to rise, some traders have a certain mentality of subscribing to the influence of emotions.
In terms of production areas, the surplus grain in the Northeast bottomed out, and the purchase and sale of corn showed a "double low" situation, but due to the recession in the breeding industry, the phenomenon of corn toxin exceeding the standard is widespread, and the feed enterprises just need deviation, and the inventory level of deep processing enterprises is high, the receiving strength is limited, and the corn quotation in the Northeast is slightly weak!
In the North China market, traders' inventories are high, and the surplus grain at the grassroots level is reduced, but affected by weather factors, farmers' grain sales mentality is still strong, traders go with the receipt, the level of grain arrival in front of the enterprise is sufficient, and many enterprises are rolling into storage, and the bearish mentality is strong and the mentality of price reduction is higher. In particular, the wheat harvest in the North China market is approaching, and the mainstream demand subjects believe that traders have the pressure of centralized storage before the wheat harvest, the corn supply pattern is relaxed, and the procurement enthusiasm is relatively weak!
According to data analysis, on April 24, the price of deep-processed corn was updated, and it fell, and the corn "fell sharply", in Shandong, the amount of loose in front of the factory, and the quotation continued to fall most of the trend, while in the Northeast market, the corn quotation continued to be stable and weak, and the specific market is as follows:
Northeast market: Hailun Guotou fell 0.25 points, the execution price was 1.125 yuan/jin, Meihekou Fukang alcohol fell 0.98 points, the execution price was 1.1146 yuan/jin, Heijiliao and Inner Mongolia, the mainstream deep processing enterprises corn quotation was 1.046~1.185 yuan/jin!
Shandong market: deep processing enterprises in front of the morning on the volume of 1129 cars, corn supply pattern relaxed, local deep processing, Zou Cheng Xilai, Zaozhuang Hengren, Binzhou Jinhui, Heze Chengwu land, Daze into biology, Yucheng Bowling Bao, Linqing golden corn, Shandong Luzhou, Seven Star Lemon, Dezhou and Yang Biology, Pingyuan Fuyang, etc., deep processing enterprises corn listed price fell 0.3 ~ 1 cents / catty, Shandong corn listed price in 1.1 ~ 1.24 yuan / catty, the mainstream price fell to 1.13 ~1.17 yuan, the average price fell to 1.14 yuan / catty!
Hebei region: Dacaozhuang Jinyu, Hebei Jinshahe, Ningda feed, Ningjin Yufeng, Derui starch fell 0.5~1 points, and the mainstream corn price in Hebei was 1.125~1.16 yuan/jin;
In Henan, Shaanxi and other places, Zhumadian Jin Yufeng fell 0.5 points, quoted at 1.13 yuan, Henan Luzhou fell 1 point, quoted at 1.12 yuan, Henan mainstream corn quoted at 1.09~1.2 yuan/jin, and the average price was 1.132 yuan/jin!
Personal analysis, at present, the domestic spot corn continues to be weak, the price inversion phenomenon in Northeast China and North China is highlighted, the pressure on corn channel inventory in Northeast China increases, and the price may maintain a weak trend of shock, and the North China market is vacated before the wheat harvest, the price center of gravity will still be weakly adjusted! However, due to the grassroots surplus grain gradually bottoming out, the pressure on corn supply has gradually weakened, although the consumption support is insufficient, the space for corn to fall again may be limited!
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