Review and Prospect of corn market in the near future (1)
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Last Update: 2002-01-21
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Source: Internet
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Author: User
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Introduction: In 2002, due to the approaching of new year's day and Spring Festival, the market demand is increasing In terms of the current development of corn market in production and marketing areas, the purchase price and transaction price in various markets have been improved to different degrees The overall domestic corn market shows a trend of full recovery, and the "good" factors of all parties are not always creating prices The specific conditions are as follows: 1 From the perspective of policy Policy factors played the most critical role in this price turnaround Due to the state's effective regulatory measures for grain purchase, the storage enterprises basically guaranteed to purchase new grain from farmers at the protected price The stability of the purchase price has injected power into the stability of the circulation price of corn market Moreover, the purchase of state-owned grain is proceeding in an orderly manner, with the number of state-owned grain higher than last year, To a certain extent, it reduces the effective corn supply in the market and plays a fundamental role in ensuring the price of corn In addition, the release of genetically modified rules plays a role of additives in the market, limiting the import quantity of corn in the later period Traders are also confused about the contents of the rules and dare not sign import contracts rashly to reduce the market pressure on imports in the later period Li's worry has cleared the way for later sales in the production area 2 From the perspective of market demand At the beginning of the new year, domestic animal husbandry and aquaculture have entered the peak production season The demand for feed has increased significantly, and the export volume of the sales area has increased significantly, while the export volume of the production area has also increased steadily On the one hand, the increase of the export volume can effectively reduce the local supply On the other hand, reducing the inventory pressure has a negative effect on the market The increase of demand plays an important role in the steady rise of price 3 From the perspective of market atmosphere The corn market, which has been suppressed for a long time, has finally felt the warmth of sunshine in the near future The prices in the production and marketing areas have risen in varying degrees The air atmosphere in the market is also more relaxed than in the early stage, which is gradually reducing the market obstacles The purchase quantity of the purchasing enterprises has increased significantly, and the improvement of the market atmosphere has helped the price rise back 4 From the perspective of acquisition market Due to the smooth development of acquisition activities, the number of acquisition and storage enterprises has also increased significantly Today, the pre Festival part of the acquisition of Jilin new grain in the production area is close to the end This is mainly due to the acceleration of the early acquisition progress, the surplus grain in the hands of farmers is not much, and the inventory of the enterprise has been quite abundant Some grain depots are in a tight situation, and the acquisition work is obviously more relaxed than the early stage Slow, which in theory reduces the amount of corn put into the market and promotes the price up 5 From the perspective of import and export trade First of all, the grain group cancelled the 1 million ton corn import contract In recent years, due to the vigorous rise of domestic animal husbandry and aquaculture, the demand for feed has increased significantly According to statistics, the total demand for feed in the year of 00 / 01 is 82 million tons, while the demand in the year of 01 / 02 will increase to 88 million tons The rapid increase of demand reduces the gap between domestic supply and demand It can be seen that the impact of 1 million tons of corn resale on the overall domestic market is weak Second, the country purchased nearly one million tons of corn At the beginning of China's entry into the WTO, nearly one million tons of corn were purchased in succession in China, of which American corn accounted for nearly 90% As we all know, in recent years, the United States mainly produces genetically modified corn From the perspective of shipping date, from March to May this year, the release of genetically modified rules added some uncertainty to the later corn import, which is undoubtedly a good thing for the domestic corn market and today's jade Rice trend is also a kind of promotion.
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