Corn, low domestic and foreign demand (4.13)

OA show ('918 '); from the perspective of corn supply and demand, the planting area of corn in China last year was roughly the same as that in the previous year, but the total output of corn in China will be slightly reduced However, the growth rate of domestic corn consumption gradually slows down, which is mainly due to the decline of feed industry and livestock product market, which makes the demand for feed grain consumption stagnant, while as the part of ration consumption, it shows a decreasing trend year by year According to the statistics of relevant departments, at present, the proportion of coarse and fine grains in the consumption of farmers' rations has changed to 16.1 to 83.9; the demand for corn for the consumption of industrial deep processing is not strong due to the level of technical equipment and processing products and market problems, but the consumption potential of this part is great; the consumption of corn seeds has basically remained stable Experts and market participants from relevant departments expect domestic corn consumption to be around 115 million tons However, considering the current buyer's market of deflation and oversupply as well as the actual situation of animal husbandry and animal products this year, the actual consumption level of corn may be lower than expected Therefore, China's corn market is not only oversupplied, but also produced more corn than needed If the export of corn cannot be increased significantly next year, the ending inventory of corn will continue to increase, which will have a negative impact on the recovery of the market China feed industry information network XFS (author:)