Since 2017, corn prices have risen for four consecutive years. The average spot corn price has exceeded 2,600 yuan/ton. Compared with the bottom in 2017, it has increased by more than 1,000 yuan, or more than 62%.

However, the rise in corn prices has made some people happy and others worried. Xiaojie is a self-employed chicken farmer in Zhoukou County, Henan Province. In order to save costs and ensure the safety of feed, Xiaojie goes to the village by himself every year. Purchasing corn to make feed, but this year’s corn price has made it very difficult for Xiaojie to purchase corn.

In order to buy enough corn, Xiaojie came to the grain purchase point in the town. The boss told Xiaojie that in the past two days, corn has been transported by cart every day, and the price continued to rise. In order to save costs, Xiaojie decisively increased the purchase volume.

As the most abundant food crop in my country, price changes in corn will also be transmitted outward. In September, the price of corn-based feed increased by more than 7% compared with the same period last year.

In addition, the prices of corn processing downstream products such as starch and alcohol have also risen sharply. The price of corn alcohol increased by more than 22% year-on-year in September. The price of corn starch has risen from 2,220 yuan per ton at the beginning of this year to about 2,900 yuan per ton this week, an increase of more than 30%.

Extended information:

Experts analyze the reasons for the rise in corn prices:

Zheng Fengtian, deputy dean of the School of Agriculture and Rural Development of Renmin University of China, said: Corn is now basically mature. , lodging does not affect the yield. How to harvest corn after rain without causing losses may still require a process, so overall, demand should be the bigger reason for the price increase.

According to data from the Information Center of the Ministry of Agriculture and Rural Affairs and the National Grain and Oil Information Center, corn production in 2020-2021 will reach 265 million tons, an increase of 4 million tons from the previous year. However, in 2020-2021 The forecast value of annual domestic corn consumption increased by 13 million tons from 2019-2020 to 293 million tons, and the corn demand gap in 2020-2021 is expected to be 28 million tons.

China Youth Daily-Corn price rises by 1,000 yuan per ton! Experts: The disaster is not the main cause...