In addition, it is not excluded that some merchants deliberately speculate to raise the price of corn, so the price of corn has reached a record high.
Corn is a common food in our life. I always thought that the price of corn would not be much more expensive even if it was expensive, but seeing the recent price of corn would really break your glasses.
Corn prices in many areas have reached record highs. Many people don't understand this phenomenon. So, what is the reason for the high price of corn? Let's analyze it together.
First, the demand is large.
As the saying goes, there is a market for prices. A large part of the reason for the high price of corn is the large demand. Corn has always been a favorite food for many people, and many people will buy corn to feed animals.
It can be said that the demand for corn has been so great that the price of corn has been rising.
Second, demand exceeds supply.
As we have already introduced, the market demand for corn is large, but the demand exceeds the supply, so the price of corn will rise. It is said that the grain in the northeast has been basically sold out, so it can be said that there is a big gap in corn now;
Now the stock of corn can no longer bear the market demand, and the natural price is much higher.
Third, commercial speculation.
Because of the growing demand for corn, many businesses will deliberately raise prices for better profits, and some businesses will deliberately overstock goods in order to increase their income.
Fourth, the impact of the epidemic.
The record high price of corn may also be due to the epidemic, so everyone wants to increase their income at this time.
Experts said that the current corn market is still relatively good, so the probability of continuing to rise is still very high. In the future, the trend of corn prices will not fall in a short time, but there is no need for everyone to hoard a lot of goods.