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    Home > Food News > Food Articles > Domestic production increases, corn supply and demand continue to improve

    Domestic production increases, corn supply and demand continue to improve

    • Last Update: 2022-09-04
    • Source: Internet
    • Author: User
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    At the beginning of 2021, the supply and demand relationship of corn was tense, and the price was ups and downs, which caused great concern


    Corn prices hit record high in first quarter of 2021

    In 2021, the national average corn price will show a trend of rising first and then falling in quarters, hitting a record high in the first quarter


    In April, with the centralized sale of grains in the northeast, the pressure of corn grain sales in the northeast was relieved to a certain extent, and the price of corn rose slowly


    In September, it entered a seasonal decline channel.


    Affected by the delay in the launch of the new corn season, corn prices rebounded at a low level in October


    my country's corn production and demand gap shows a narrowing trend

    With the support of China's relevant policies, the corn planting area and total output have continued to increase in the past two years


    At the end of 2021, although the price of corn in Northeast China has increased compared with the initial stage of listing, it still did not meet the psychological expectations of farmers


    Although the price of corn is still running at a high level this year, it has dropped compared with the same period last year


    China actively encourages food imports, and the increase in imports also increases the total supply of corn


    China's continuous increase in corn production is affected by the raging epidemic, extreme weather, and international capital speculation.


    At present, the supply in the global corn market is relatively loose, creating favorable conditions for China to fully utilize two markets and two resources to meet domestic demand


    "The continuous increase in corn production in China not only helps to improve the relationship between domestic supply and demand, but also makes an important contribution to maintaining the stability of the world corn market


    Domestic feed grain supply is guaranteed

    In recent years, China's feed consumption has continued to grow, and now it has exceeded 40% of the total consumption of grains


    To solve the shortage of feed grains, it is necessary to stabilize the area and output of corn


      Industry experts said that the demand for feed corn in 2022 is expected to increase to a certain extent compared with 2021, mainly due to the high price of wheat and the reduction in the amount of wheat for feed, but due to the slow progress of corn grain sales by grassroots farmers, it is expected that the supply of corn will be relatively loose after the Spring Festival.


    (Comprehensive by Zhu Meiqiao)

    "China Food News" (04 edition on January 21, 2022)

      (Editor in charge: Zhu Meiqiao)

     

     

     

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