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Corn "wields", rising more and more, but danger is also coming, corn market on May 14, 2024

author:Lao Jiang said agriculture

Yesterday's purchase price of golden corn in Mengzhou, Henan Province fell to 1.1 yuan again, and many people were surprised in the face of such a price. Actually, there is nothing surprising.

The main reason is that the corn in Hubei is about to be listed in a centralized manner, and the time for the new wheat in Henan is getting closer and closer, and the traders with grain in their hands have begun to vacate their warehouses and start the acquisition of new wheat.

So there is a drop in the price of corn in Henan, and there is no fuss.

Corn "wields", rising more and more, but danger is also coming, corn market on May 14, 2024

Hello friends, today is May 14, 2024, the price of corn in Jilin is rising every day, very crazy, and the natural dry and low moisture has risen to 2300~2340 yuan.

Driven by futures, traders' sentiment has changed 180 degrees. Jilin's price increase drove Liaoning, Liaoning drove Heilongjiang, and at the same time, the purchase price of Jilin Changchun directly under the warehouse was 14 water 2,330 yuan, which fueled everyone's bullish sentiment.

With the rise in prices, everyone is unanimously reluctant to sell. At this time, many traders were patting their thighs, annoyed that they were timid at the beginning, and did not dare to store a large amount of grain, and the ducks that had once reached their beaks were discarded by themselves.

And some traders have a common problem: the more the price falls, the more they want to sign a forward contract, the more the price rises, the more they rush to purchase, and the market is always "contrary".

Corn "wields", rising more and more, but danger is also coming, corn market on May 14, 2024

Lost in the east, harvested mulberry - because of this, there is a rebound in the current corn price, and it also lays the cornerstone for the future corn price increase.

In other words, the one who sells the price to the highest point is always the one at the top of the tower. Such a person must not only have luck, but also courage and resourcefulness. In a bull market, fools can make money. Be brave and resourceful in the bear market, you can still make money.

Looking at the Northeast Port, the arrival volume of Jinzhou Port began to increase, and the purchase price fell by 10 yuan. The intent is very obvious, as long as your vehicle increases, the backhand is a "slap".

If nothing else, the futures will change in the past two days, and then the Northeast corn will come to an end in the "drastic" self-"hi skin" - the price increase is over, and the price drop begins.

Corn "wields", rising more and more, but danger is also coming, corn market on May 14, 2024

On the other hand, in the North China market, Shanxi farmed corn officially opened a "retaliatory" rise, just a few days, up 3~4 cents, but can this rise last? If it rises too fast and too violently, it is very likely that you will be "counterattacked".

Looking at the deep processing enterprises in Shandong, there are less than 300 vehicles in the morning. In the current situation, let me ask? Is it the trader who can't stand it, or is it deep processing?

Traders' reluctance to sell is simply not enough to support the sharp rise in corn prices in North China. Because the deep processing inventory is very sufficient, traders still have the need to vacate the warehouse, so the results are clear at a glance.

As mentioned in yesterday's article: North China's corn is like intestinal obstruction, and the grain source must be "pulled" out wave by wave, otherwise it will skyrocket, and it is very likely that everyone's consistent operation will "stifle" the opportunity.

Therefore, North China is the same as Northeast China, the price market is about to begin, are you ready to sell, or continue to wait and see? (Personal opinion, for reference only, does not represent correct, all nonsense)

Corn "wields", rising more and more, but danger is also coming, corn market on May 14, 2024

The latest corn prices in the country on May 14, 2024

Henan Feitian starch: 1.115 yuan, up 1 point.

Hebei Derui starch: 1.135 yuan, up 5%.

Shandong Xiwang starch: 1.2 yuan, up 3%.

Shandong Hengren Industry and Trade: 1.14 yuan, up 5%.

Shandong Ronghai grain: 1.18 yuan, up 3%.

Shandong Seven Star Lemon: 1.18 yuan, up 7%.

Shandong Xiangchi Jianyuan: 1.145 yuan, up 5%.

Shandong Rice Energy Biotechnology: 1.135 yuan, up 5%.

Shandong Fuyang Biological: 1.145 yuan, up 6%.

Shandong Heyang Biological: 1.145 yuan, up 6%.

Shandong Zhucheng Yuanfa: 1.162 yuan, down 3%.

Shandong Changle Yingxuan: 1.205 yuan, up 5%. The first price increase.

Shandong Changle Yingxuan: 1.21 yuan, up 5%. The second price increase. Up 1 point in total.

Shandong Tianli Pharmaceutical: 1.152 yuan, up 5%. The first price increase.

Shandong Tianli Pharmaceutical: 1.16 yuan, up 8%. The second price increase. A total of 1.3 points.

Shandong (Chenming) Shouguang: 1.155 yuan, up 5%. The first price increase.

Shandong (Chenming) Shouguang: 1.16 yuan, up 5%. The second price increase. Up 1 point in total.

Shandong Weifang Shengtai Pharmaceutical: 1.149 yuan, up 5%. The first price increase.

Shandong Weifang Shengtai Pharmaceutical: 1.154 yuan, up 5%. The second price increase. Up 1 point in total.

Shandong Shouguang Juneng Golden Corn: 1.155 yuan, up 5%. The first price increase.

Shandong Shouguang Juneng Golden Corn: 1.16 yuan, up 5%. The second price increase. Up 1 point in total.

Shandong Binzhou Jinhui corn: 1.148 yuan within 18 moisture, 1.143 yuan above 18 moisture, up 5%.

Shandong Chengwu land: 1.124 yuan below 20 moisture, 1.114 yuan for 20~25 moisture, 1.089 yuan above 25 moisture. up 5%.

Inner Mongolia Yipin Biological: 2355 yuan (the same price as the dry tide), up 10 yuan.

Jilin Songyuan Cargill: The third class of dry food was 2,290 yuan, up 20 yuan.

Jilin Meihekou Fukang Alcohol: 2,260 yuan for the second class, 2,240 yuan for the third class, the price remains unchanged, but the water purchase is limited, and the moisture > is 16.5% refused.

Heilongjiang Jingliang Longjiang: 14 moisture 1.13 yuan, 15 moisture 1.1164 yuan, 16 moisture 1.1029 yuan, 17 moisture 1.0893 yuan, 18 moisture 1.0758 yuan, up 5%.

Heilongjiang Hailun State Investment: 57.5% ≤ starch < 60% price of crushed corn is 0.87875 yuan, 56% ≤ starch < 57.5% price is 0.854 yuan, 54.5% ≤ starch < 56% price is 0.82925 yuan, 53% ≤ starch < 54.5% price is 0.8045 yuan, 51.5% ≤ starch < 53% price is 0.77975 yuan, 50% ≤ starch < 51.5% price is 0.755 yuan. Drop 1 point.

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