Current location - Trademark Inquiry Complete Network - Futures platform - Why is corn more expensive than wheat?
Why is corn more expensive than wheat?
In people's impression, wheat belongs to "flour rice" and its price has always been more expensive than corn. However, since last year, the price of "coarse grain" corn has been rising, even exceeding that of wheat.

The reporter learned in the agriculture-related departments that the corn planting area in our city this year is only 2.32 million mu, which is less than that in previous years. In the wave of agricultural industrial structure adjustment, many towns and farmers reduced the planting area of corn and planted cash crops such as apples and watermelons with high returns and quick results, which led to a decline in the overall yield of corn. Despite the continuous development of science and technology, the output of corn has been improved to a certain extent, but due to the small area, the annual output of corn in the city has not been significantly improved, and some years are not as good as in the past.

Experts in the agricultural sector said: "The reason why the price of wheat has not increased significantly in the short term is because the function of wheat is relatively simple and the relationship between supply and demand is relatively stable;" The growth rate of corn production is slow, but the demand for corn in agriculture and industry is still strong. As long as the current relationship between supply and demand remains unchanged, the' upside down' phenomenon of wheat and corn prices may continue. "