I. Current Corn Price At present, China's corn price has reached 1.52 yuan/kg, and this price is still fluctuating in various regions, especially in the central and western regions, corn prices will rise in a short time, and the fluctuation range of corn prices is around 0.3 yuan, which has a great relationship with market conditions and seasons. In recent days, the price of corn in Shandong is 2900 yuan/ton, which has a certain downward trend compared with that in March.
Second, why did corn prices skyrocket? As one of the most important crops in China, corn is also one of the main sources of information for various livestock. Since March this year, the price of corn in China has been rising continuously, and it didn't begin to fall until early April. However, the price is still high. For dealers, the highest price of corn has risen to 3,000 yuan per ton this year, which has caused some domestic feed mills to reduce orders and the delivery speed has obviously slowed down. During the New Year in China, the price of corn is affected by the supply. When the supply is too tight, dealers' expectations for the market outlook are generally raised, which leads to their reluctance to sell. However, the demand of downstream feed mills is decreasing, and the main distribution channels of corn are beginning to change.
Third, the future trend of corn prices Because spring is a period when a large number of pigs are put into production, during this period, the demand for downstream feed is still high, which will bring about an increase in the corn market. Compared with corn, the substitution rate of rice and corn has decreased, so there is a great possibility that the price of corn will rebound in the future. The harvest of corn in North China has approached the cost line, and traders have also chosen to suspend the acquisition. With the decrease of arrival, the future development of corn will also increase slightly.