It is still difficult to form the peak of the number of corn on the market before spring sowing this year
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Introduction: this year's spring corn planting in Northeast China will begin in mid April Before spring corn planting in previous years, farmers have sold corn in their homes and listed them on the market, and corn purchase volume in production areas has increased significantly After entering April, corn acquisition gradually reached a climax, and reached the peak of the number of listed companies, but the price of corn acquisition fell However, JCI expects that it is still difficult to form the peak of listing before the spring sowing of corn in Northeast China this year, and the purchase price of corn will continue to rise steadily The specific reasons are as follows: on the one hand, corn acquisition appears to be out of season reluctant to sell Corn prices continued to fall in late January as a result of the domestic outbreak of avian influenza, while rice and soybean prices rose sharply Although the domestic corn price has rebounded since late February, there is still a big gap between corn price and soybean and rice price For example, in March 2002, the ex warehouse price of corn in Jilin was 950 yuan / ton, the ex warehouse price of soybean was 2500 yuan / ton, and the ex warehouse price of rice was 1100 yuan / ton; in March 2004, the ex warehouse price of corn was 1200 yuan / ton, the ex warehouse price of soybean was 3300 yuan / ton, and the ex warehouse price of rice was 1700 yuan / ton The price of soybean and rice is more than 2 or 3 times higher than that of corn, and the price of corn is obviously low Therefore, the northeast corn purchase appears the phenomenon of anti season reluctant to sell On the other hand, corn prices are expected to be bullish, with traders hoarding to rise According to the survey from Jilin Province, at present, there are about 35% - 40% stocks of corn for farmers Farmers think that there is still a large space for corn to rise Farmers who don't need to wait for money will store corn in a high shelf and sell it at a high price when it's too late Some traders and grain depots are also optimistic about the future market, and part of the corn hoarding, pressure to rise In addition, the export of corn is blocked, and the purchase of corn is difficult to enlarge Because the bottleneck of railway transportation has long restricted the export of corn to the south in Northeast China, the market circulation is blocked In this way, it is difficult for corn traders, local small grain depots and purchase points to purchase corn for export in a timely manner, which affects the purchase capital, turnover of warehouse sites and the purchase volume In a word, the price difference between domestic corn and rice and soybean is still large this year, while the purchase price of corn is only rising in the near future, and the price is still optimistic in the later period, so that farmers can keep corn as much as possible, and sell it at a good price when corn is basically exhausted in May June For this reason, it is difficult to form the peak of corn listing in Northeast China before spring sowing this year, but the overall listing volume of corn will still increase.
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