Prospect of corn market in Fuzhou

Introduction: the domestic corn price has experienced a nearly one-year rising market from June last year to the first half of this year, and entered a nearly half year adjustment period During this period, the corn price in Jilin market fell from a high of 1090-1120 yuan / ton to the current 990-1010 yuan / ton, a drop of 9.5% The corn price in Fuzhou market fell from the high of 1320 yuan / ton in June and July this year to the current 1140 yuan / ton, a drop of 13.36% At present, a large number of new grains have been listed, and the price of new corn in Fuzhou has dropped from about 1260 yuan / ton at the time of IPO to 1080 yuan / ton at present, a drop of 14.28% Faced with the fall of corn price in recent half a year and the accelerated decline of new grain price after listing, corn dealers feel confused Has the corn price fallen to a low level at present? When can we pick up the momentum again? Next, we will analyze the current price trend and future development trend of corn in Fuzhou 1 The current situation of Fuzhou corn market 1 The corn sales price has entered the bottom stage after accelerating the decline New corn from North China, Huanghuai and other places has been on the market in Fuzhou for more than a month, and its price has also declined all the way At present, the sales price of new corn (moisture content 15%, woven bag packaging) in Shandong and Henan is 1080 yuan / ton, 180 yuan / ton lower than 1260 yuan / ton at the initial stage of listing, especially for nearly half a month The decline rate is intensified Under the drag of the sharp drop in the price of new corn, the price of old corn is also falling rapidly to 1140-1160 yuan / ton at present After a sharp decline in the previous period, there was a clear sign of price stop in early December However, due to the fact that the new corn in Northeast China has not yet been listed in large quantities, the corn dealers are still afraid to purchase a large amount of corn in a bold manner, with a strong wait-and-see atmosphere 2 At present, the appeal of corn price to the demand of feed enterprises is gradually increasing In June this year, when the sales price of corn in Fuzhou was around 1320 yuan / ton, a large number of low-priced inferior wheat was used as feed by feed processing enterprises when xialiang new wheat was launched in large quantities At that time, the sales price of feed wheat in the market was 1100 yuan / ton, which was 200 yuan / ton lower than that of corn in the same period The sales of feed wheat was very hot With the fall of corn price in the second half of the year, the price advantage of feed wheat is no longer obvious At present, the price of feed wheat in Fuzhou market is 1100-1140 yuan / ton, which is equivalent to the price of corn Feed processing enterprises no longer use feed wheat as a substitute of corn, while the attraction of corn price to feed enterprises is gradually increasing, and corn consumption is gradually recovering and increasing 2 The purchase price of production areas has a supporting role in the price of corn The main domestic corn production areas have issued the purchase policy in 2001 The purchase price of Jilin Province is 930 yuan / ton, that of Heilongjiang Province is 910 yuan / ton, that of Liaoning Province is 950 yuan / ton, and that of Shandong Province is 940-980 yuan / ton It can be seen from the autumn grain purchase policy of the corn production area that the purchase protection price of this year is basically the same as that of last year Compared with the current sales price of Fuzhou market, the current sales price of 1100 yuan / ton of new corn in Fuzhou should not have much room to fall III China's total corn output is expected to increase this year, but the growth rate is not large China's corn production is under the threat of frequent drought, but also faced with a large area of planting structure adjustment, and under the lever adjustment of corn sales price, it is declining year by year In 1998 and 1999, China's total corn planting area was more than 25 million hectares, which dropped to 23.056 million hectares in 2000, and is expected to be 23.1 million hectares in 2001, basically the same as the previous year This year, China's corn production is expected to reach 108 million tons, an increase of 1.9% over the previous year It can be seen from the above points that at present, the price of corn in the market has come to an end As the new corn in Northeast China has not been listed in large quantities, the trading of corn dealers is not active, and the wait-and-see mentality is strong However, from the perspective of the northeast new corn purchase policy, after a large number of listing, it will not have a great impact on the corn price that has fallen sharply in advance, and the decline will be very weak After a period of time, it is expected that after the Spring Festival, with the increase of feed consumption, the corn price is expected to come out of a trough, out of a wave of rising market, but the trend will be very gentle, unable to Reappear the style of "bull trend" in the past (author:) share to feed Weibo share to: