1. Judging from the auction situation, so far, no new corn auction announcement has been released this week, so it seems that the auction of temporarily stored corn has ended. Up to now, 56.84 million tons of temporarily stored corn have been sold, plus 8.02 million tons of disposable stored corn, and 64.86 million tons of corn have been auctioned. The task of destocking is basically over, and the pressure of auctioning corn before the end of the year is greatly reduced.

2. In terms of futures, last Friday, the main contract of Dalian corn 210/kloc-0 rose to 2443 yuan/ton, an eight-year high since 20 12. From the spot price, the corn price rebounded 10-30 yuan/ton in recent two days. It can be said that the rise of futures has guided the future corn market.

3. Judging from the factors of corn yield, although the corn area has increased due to the increase of corn subsidies, since the end of August, three provinces and one district in Northeast China have been hit by three consecutive typhoons, and the decline of corn is bound to affect the whole corn yield.

Extended data:

Corn planting does not need much cost and technology. On the contrary, growing food requires many conditions, such as paddy fields, which greatly increases the planting cost of rice, and corn can be planted and produced in any dry land. If corn brings them high economic benefits, farmers will be more motivated and willing to plant corn. The reduction in production of other grains undoubtedly supported the price of corn.

Statistics show that the number of live pigs in China is increasing steadily this year, and the number of domestic farms with a certain scale will further increase in the second half of this year, which invisibly increases the demand for corn and provides stable support for the price trend of corn. To sum up, it is predicted that the domestic corn market in China will enter a new height in 20021year.

Baidu encyclopedia-corn