echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > CCTV reporter went into the Northeast production area to investigate: corn prices to the market has brought about what changes? Not.

    CCTV reporter went into the Northeast production area to investigate: corn prices to the market has brought about what changes? Not.

    • Last Update: 2020-10-31
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Corn prices have risen significantly since 2020, reaching their highest level in nearly four years.
    selling psychologically to promote corn prices, high prices on-the-door grain collection, the main body of the acquisition staged a "grain war."
    new changes in the corn market and what will the future look like? CCTV Financial Review interviewed the corn cultivation and acquisition situation in Northeast China, and invited Xi Yinsheng, chief analyst of the corn industry chain monitoring and early warning system of the Ministry of Agriculture and Rural Affairs, and Wang Guan, a CCTV financial commentator, to discuss the topic.
    average price of spot corn has exceeded 2600 yuan / ton, futures prices also broke through the 2600 yuan mark at one point, a record high since the corn futures listed.
    The market price of new corn continued to strengthen, farmers wait and see in September this year in the Northeast region suffered three consecutive typhoons, some corn production areas appeared a large area of downfall, not only affect the harvest progress, due to increased labor, a hectare of land harvest costs than in previous years about 2000-4000 yuan higher, while the corn production also has an impact.
    Zhang Shuhua, a farmer in the nine-taiwan district of Changchun City, Jilin Province, this year's highest yield of 2000 jin, two or three hundred pounds less than last year.
    this year, the price of new corn in the main producing areas of China rose by about 0.2 yuan compared with the same period last year, which is also the highest price in nearly five years.
    and the new corn market, the price is still rising, to the Northeast drying tower acquisition, for example, according to the moisture in 30% of the corn calculation, Liaoning area open scale price 0.87-0.88 yuan / catty, the current price 0.95-0.96 yuan / catty; Heilongjiang area open scale price 0.82 yuan / catty, the current price of 0.87 yuan / catty, Jilin area open scale price 0.94 yuan / catty.
    but farmers are not willing to sell food.
    Qinghai, a farmer in the nine-taiwan district of Changchun City, Jilin Province: I'm thinking about going up in the future, and I can go up to more than one piece, so I'm not selling now.
    , an analyst at ZhuoTron Information in Shandong Province, said: That would have an expectation of a production cut, which helped push up prices.
    new grain market after the farmers regret to sell more serious.
    Baigang, chief economist of the Ministry of Agriculture and Rural Affairs, said that the current increase in corn prices is a restorative increase since the reform of the storage system, especially under the premise of increasing production costs, the appropriate increase in corn prices has a certain rationality.
    xi Yinsheng, chief analyst of the corn industry chain monitoring and early warning system of the Ministry of Agriculture and Rural Affairs: Because the rising cost of harvesting calculated the price of corn per kilogram increased by 5 cents to 1 cent, so farmers have a certain degree of rationality to sell, the key factor in this round of corn price increase is the weather reason, the market is expected to be consistently optimistic about the future market.
    CCTV financial commentator Crown: corn prices and psychological factors have a lot to do with selling psychologically to promote corn prices.
    In the first three quarters of this year, agricultural production increased by 2.3 percentage points, farmers' income increased by 1.6 percentage points, and it is expected that the rise in corn prices will make farmers more money, if the expectations change, corn will also hit the hands will affect income.
    changes in the market brought about by the rise in corn prices? In the past, farmers took the initiative to pull corn to the acquisition point, and this year in the main production areas of corn has become a sought-after goods, a large number of food brokers walk between the villages door-to-door harvest.
    Zhang Peiwang, a grain broker in Fujin City, Heilongjiang Province: Can seven hairs and seven cents per kilogram sell? Farmers in Fujin City, Heilongjiang: Can't sell.
    Zhang Peiwang, a grain broker in Fujin City, Heilongjiang Province: 35% of the water can't be sold? Farmers in Fujin City, Heilongjiang Province: It's all eight hairs now.
    't sell a cent less.
    Zhang Peiwang told reporters: this year's new corn just listed, grain collection is particularly many, he can not wait for farmers to take back corn home directly to the ground to see corn prices, if farmers are willing to sell, directly harvest granulation pull away, even if the grain has been paid a deposit will change at any time.
    in his corn just ten minutes time, this morning just ordered grain, farmers are not willing to sell.
    In addition to small grain brokers, traders, some large grain acquisition enterprises in order to collect grain also raised corn prices many times, a grain acquisition enterprise head introduced that the current daily acquisition volume of 15,000 tons, about half less than the normal year.
    guo Xiaoxu, deputy general manager of Jingu Agricultural Co., Ltd. of Fujin Xiangyu: This year's opening price is eight cents per kilogram, seven cents higher than last year, now eight cents and five cents, the price has been raised three times, the new grain listing than in previous years there is a tense trend.
    , there have been some obvious changes in the main body of trade, with some feed enterprises working directly with large traders to participate directly in grain acquisitions.
    there really such strong demand in the chinese market? Is the supply really so tight? Or is there more power of capital speculation? Xi Yinsheng: All kinds of factors have, deep processing usage increased, in addition to pig production capacity this year to recover relatively fast, feed growth trend is more obvious, again, this year's corn market late, resulting in a relative shortage of supply, in fact, the market is not necessarily short of so much grain, because there are some near storage auction has not yet been released, traders have 2019 grain, the overall market potential supply is not many.
    Crown: The price of wheat on corn prices to form an effective suppression, such as Fujian corn 1.3 yuan / catty, wheat 1.15-1.2 yuan / catty, forming an inverted hanging;
    so whether it is market expectations or financial operations, whether it should be good to close.
    the price of corn after the market? Xi Yinsheng: Typhoons have limited impact on production, but due to good growth, corn production does not necessarily decline;
    gap between corn supply and demand? Can I make it up? Yu Tianfei, Manager of Food Purchase and Marketing Department of Jilin Yuntianhua Agricultural Development Co., Ltd.: We now ship 3000-4000 tons per day, an increase of 10% compared with the first half of the year.
    Since this year, the pig industry has gradually recovered, the demand for feed production has steadily increased, feed production has increased for four consecutive months, the supply side of this year's May-September national pre-storage corn auctioned a total of 15 rounds, the cumulative volume of 59.56 million tons, turnover of 56.84 million tons, turnover rate of nearly 95%, according to the Ministry of Agriculture and Rural Information Center and the National Grain and Oil Information Center, 2020-21, corn production will reach 265 million tons, compared to the previous year. An annual increase of 4 million tons; domestic corn consumption forecast for 2020-2021 is 13 million tons to 293 million tons higher than in 2019-2020, and the gap in corn demand is expected to be 28 million tons in 2021-2021.
    Wei Baigang: This year's corn harvest should have been finalized, the early auction corn will be listed one after another, plus some stocks of rice wheat can also be used for feed, so the entire supply is guaranteed, corn prices continue to rise is lack of factor support.
    measures are feasible to lower corn prices? Are there any other measures? Xi Yinsheng: Import substitution, domestic wheat and spent rice can be used for feed, these measures can indeed effectively increase the supply of the market, and corn prices are high, natural demand will fall, the gap will be reduced, this is the role of market self-regulation.
    the special situation of the epidemic, will the role of import substitution be so great? Xi Yinsheng: At its peak in 2015, more than 40 million tons of corn and its substitutes were imported, which is possible if the price differential between corn and foreign prices is too large;
    Crown: 3.3 percentage points CPI in January-September this year, only 1.7 percentage points in September; pig and sow stocks have now recovered to about 80% by the end of 2017, pork prices gradually stabilized, there is a flexibility to digest the rise in corn prices, from the transmission of prices, poultry eggs may have a certain transmission effect, but pork prices and CPI will not cause obvious transmission.
    Since this year, the continued high corn prices can be seen from the strong demand, cost increases, structural adjustment, of course, there is capital speculation, for farmers and downstream consumers, spending is increased some, but for farmers, the long-lost market, naturally is happy to laugh.
    remind everyone that the market is changing rapidly, the sale of emotions or to control, find the right opportunity to sell, in order to drop bags for Ann.
    for futures investors, the price chase process should pay attention to risk.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.