At the beginning of June 5438+ 10 in 2024, there was a slight price increase in the corn market, mainly due to market fluctuations caused by some factors in the short term. Especially in Northeast China, the increase in corn prices is related to the increase in prices of many local corn deep processing enterprises. Although there is a short-term price rebound, farmers no longer agree with the downward trend of prices, but the expected final result of grain laying (unsold corn) may bring more benefits.

It can be inferred that from June 5438 to June 20241October, the price of corn increased to some extent, especially in the northeast. But this increase may not last long, because with the passage of time, the relationship between supply and demand in the market and other external factors may affect the price trend of corn.

Introduction of Factors Affecting Corn Price

1, seasonal factor: the growing season of crops has a great influence on the price of corn. Climatic conditions and disaster events (such as floods and droughts) in planting season and harvest season will affect supply, and then affect prices.

2. Relationship between supply and demand: The relationship between supply and demand has a direct impact on corn prices. Changes in supply (such as crop harvest or crop reduction) and demand (such as population growth and increased feed demand) will have an impact on prices.

3. Energy market: Corn is an important energy raw material, mainly used to produce biofuels. Therefore, it is closely related to the energy market, such as the change of oil price and the influence of biofuel policy, which will have an impact on corn prices.

4. Trade policy: Changes in international trade policy will have an impact on the domestic corn market. Such as import tariffs, export restrictions and other policy adjustments will have a direct impact on domestic corn prices.