Yesterday, I just said that the rise in corn is not real, although it has been rising for several days, but because the foundation is not strong, there is a risk of falling at any time.
As a result, not half a day after these words landed, the corn turned around and fell, and it was still "soaring and falling".
The "surge" is that the amount of corn has increased again.
As we all know, the rise and fall of corn in Shandong has been linked to the amount, the amount of more to reduce the price, the amount of less to increase the price, and this time the amount not only increased, but also increased violently, from more than 300 to more than 1,000.
The amount exceeded 1,000 overnight, and the price of corn was naturally going to fall in an uproar.
Of course, I don't know how many times this kind of market has been staged, and it is not a new thing. However, the outlook believes that this time the decline may be a little different, or that the wind direction of corn has changed significantly.
What's the difference?
First, since May, corn has started to "change".
Before May, the corn could not be seen, it belonged to the kind that no one wanted to throw on the ground, especially in April, North China corn staged a deep fall in the market, which directly collapsed the market.
But after May, the market is different.
Corn has begun to rise, and it has also risen, where does it come from?
On the one hand, the purchase and sale of corn has entered the final stage, and after the transfer of grain rights, the grain source at the grassroots level has become smaller, and the main body of trade naturally has the mood of being reluctant to sell at a high price, and gradually has a sense of control over corn.
On the other hand, pig prices in May are also on the rise.
In particular, it finally broke through the 15 yuan/kg mark, and the enthusiasm for secondary fattening has also increased significantly, which has rekindled the hope of a reversal of pig prices in the market.
As a result, corn also gradually reversed the bearish sentiment under this mood.
Second, although Shandong corn has fallen again, Northeast corn has come strongly.
After Shandong corn rose for a few days, the Northeast couldn't sit still, in fact, the stalemate was too long, and I wanted to disturb it.
So I took this opportunity to go up.
Strictly speaking, there is little direct relationship between the two, and the main thing is the emotional influence.
Therefore, the decline in Shandong will not have much impact on the Northeast, and the rise in the Northeast has even released a signal to Shandong, so although the corn in Shandong has fallen again, it is expected that the magnitude and time of the decline will be limited.
Or, to put it more bluntly, it may not be able to fall.
Third, Shandong's market also has its own particularities.
That is, North China Huanghuai is about to face the wheat market, and the wheat market is also confusing, unpredictable, and some traders are also hovering back and forth between corn and wheat, so there is also some pressure to vacate positions.
But it can be seen that this is also the last toss of corn, once the pressure of vacating the warehouse is over, there is not much chance for corn to go crazy.
So on the surface, although corn fell again, and the decline was quite fierce, in fact, various factors in the market are quietly changing, so it is expected that the time and magnitude of the decline will not be too large.
Especially recently, wheat has begun to rise after getting the official signal, and many feed companies have also sensitively noticed this phenomenon and began to think about stocking up on corn.
After all, corn bottomed out, which is basically the consensus of the market, if you don't make a move, you may end up with "rice and wheat empty".
So don't worry, the current fall may not be terrible, because the bullish factors of corn are accumulating and brewing, although the current force has not yet been fully developed, but I believe it will not be too far.
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