The price of corn has indeed increased a lot this year, but it is definitely not the peak. It is inevitable to be adjusted by various factors, but it is still a high probability to continue to rise in the later period for the following reasons.
First, the reasons for the rise in corn prices
From last year to this year, the reason for the sharp rise in corn prices is the word "lack". The factors of corn supply and demand have led to a sharp rise in corn prices.
The corn gap appears because the corn yield can't meet the demand of corn. Because of the recovery of pig production capacity and the increasing demand of deep processing enterprises, the price of corn continues to rise.
Second, the reasons for the rise in corn prices
If we want to keep the price of corn unchanged, we need control measures. For example, increasing corn imports, encouraging corn planting, auctioning stored grains and putting other food crops on the market may all lead to corn price fluctuation and decline.
Secondly, affected by weather changes, transportation and traders, corn prices will also fluctuate.
Third, optimistic about the reasons for the upward trend of corn.
With the improvement of China's economy, the demand for corn will increase. Even if corn planting is encouraged, the land is limited and the increment is limited.
Corn import is one of the few solutions, but the international food price is also rising, so the price of imported grain will also rise, which limits the space for corn to fall. In 2020, the temporary corn reserves will be basically emptied, which will not play a regulatory role. What is the possibility of corn falling?
In addition, we should also be able to feel inflation, the price of fertilizer has gone up, the price of agricultural means of production has gone up, and other prices have also gone up. If the prices of corn and other food crops return to the past prices.
I believe that the gap of corn will continue to widen, because farmers are not enthusiastic about planting. Therefore, the price of corn has not reached the peak, but it is inevitable to fall back and shock, and it is still a general trend for the market to continue to rise in the later period.
Tips The above is only based on the analysis of Bian Xiao's personal data in the current corn market, and does not represent the actual price trend. Please pay more attention to the actual purchase price in the local market.