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After the double-holiday, corn prices have risen significantly, with the average price of spot corn peaking at more than 2,600 yuan per ton, the highest in nearly four years.
, Although corn has been listed in Shandong, Hebei, Inner Mongolia and parts of the Northeast, the price of corn has been rising.
recently, Henan farmer Uncle Kong harvested more than 30 acres of corn he cultivated, is peeling corn Uncle Kong, this year's corn prices are very confident.
Farmer Kong: Now that wet corn has received 1.1 yuan, I think the price may be even higher.
2017, corn prices have risen for the fourth consecutive year, with the average spot corn price exceeding 2,600 yuan per ton, up more than 1,000 yuan, or more than 62%, from the bottom of 2017.
the rise in corn prices is also a few happy and a few sad.
Xiaojie is a chicken farmer in Zhoukou County, Henan Province, in order to save costs and ensure the safety of feed, Xiaojie every year in the village to buy corn production feed, this year's corn prices make Xiaojie's corn acquisition very difficult.
in order to be able to buy enough corn, Xiaojie came to the town's grain acquisition point.
boss told Xiaojie, these two days corn every day, the price is still rising, in order to save costs, Xiaojie decisively increased the purchase volume.
the largest grain crop in China, corn price changes will also be transmitted outwards.
prices of corn-based feed rose more than 7% in September from a year earlier.
addition, corn processing downstream products starch, alcohol and other prices also rose sharply, corn alcohol prices in September year-on-year increase of more than 22%.
price of corn starch rose from 2,220 yuan a tonne at the beginning of this year to about 2,900 yuan a tonne this week, up more than 30%.
rise in corn prices has caused a series of chain reactions, not only farmers' hoarding enthusiasm began to rise, the sale of corn is basically a premium sale.
the rise in corn prices so rapidly? What is the supply and demand situation of domestic corn? Northeast China is China's largest corn-producing area, since 2007, Heilongjiang, Jilin, Liaoning corn planting area is rising, the current three northeastern provinces corn planting area accounted for more than 31.6% of the country's planting area.
the season near the autumn harvest, three northeastern provinces were hit by three typhoons in a row.
Chinese Zheng Fengtian, Vice Dean of the School of Agriculture and Rural Development, Min University: Now the corn is basically mature, the collapse does not affect the yield, after the rain how to harvest corn, do not cause losses, perhaps this still needs a process, so overall, should be the demand caused by price increases a little larger.
2020-2021 corn production will reach 265 million tons, an increase of 4 million tons over the previous year, according to the Ministry of Agriculture and Rural Affairs Information Center and the National Grain and Oil Information Center. The forecast for domestic corn consumption for the first year increased by 13 million tons to 293 million tons from 2019-2020, and the shortfall in maize demand is expected to be 28 million tons in 2020-2021.
li Guoxiang, researcher at the Institute of Rural Development of the Chinese Academy of Social Sciences: There is no problem in meeting the demand for feed grain, and in recent years we have seen excessive use of corn for industry, which is mainly alcohol, fuel ethanol, and starch corn.