Report on corn market in the international market

Introduction: the latest corn price in the world market on July 25 ---------------------------------------------------------------------September 215.00 + 5.75 August 17.00 91.34 August 18.00 91.73 December 226.50 + 5.75 September 21.50 93.11 September 22.50 93.50 March 236.75 + 5.75 October 15.00 95.08 October 16.00 95.47 In the next 24 hours, temperatures in the central United States will cool, with some rainfall, but they will rise again over the weekend In the middle of next week, the high pressure will continue to move to the West It is not clear where it will stop, so the weather there is not very clear China: due to the rainy season, it is expected that the temperature will continue to cool and the rainfall will increase But it can't save the dying corn Market analysis: corn futures in the United States were relatively high yesterday due to no expectation that the good grade of corn would fall In fact, the proportion of good or very good corn has decreased by 6%, which may lead to further increase of corn price Outlook: corn production in the United States is now estimated to be 9 billion bushels And now the quality of corn in the United States will fall by 6%, which is not expected by the U.S Department of agriculture From the current situation, the output of corn in the United States will not be less than 135 bushels / acre, resulting in a total output of 9.35 billion bushels and an estimated final inventory of 1.65 billion bushels to 1.675 billion bushels Yesterday, China estimated that corn production in 2001 was 15 million tons, compared with the U.S Department of agriculture's estimate of 115 million tons Their estimates of China's imports are also on the high side At present, China imports 200000 tons of corn in the United States, while their estimates are 1.5 million tons In addition, 165000 tons of corn from the United States will be re exported to China or distributed to other countries in Asia The price of these corn is mainly dependent on the weather, probably between $2.15 and $2.35 Bidding: Taiwan, July 24, mlfg and mfig, 2 × 54000 tons or 2 × 56000 tons of American corn, shipment period from September to the first half of October Daesang and SAMYANG GeneX, South Korea, July 25, 52500 tons of corn from unlimited production areas, shipment date is October (author:) share to feed Weibo share to: