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The corn market situation is relatively complex, with growing uncertainty
According to past convention, after entering June, domestic corn prices would continue to rise, and market purchasing and sales activities would also be very active, but the current domestic corn market situation is somewhat abnormal, mainly manifested in the weak momentum of corn price increases, with market circulation and purchasing and sales activities basically at a standstill
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Corn inventories continue to be drawn down, and the choppy market will persist
In terms of quotes from major regions, as of June 19, prices in Dalian, Jinzhou, Changchun, Weifang and Shekou stood at 2,410 yuan/tonne, 2,400 yuan/tonne, 2,380 yuan/tonne, 2,400 yuan/tonne and 2,480 yuan/tonne respectively, with changes from the previous week of 0 yuan/tonne, 0 yuan/tonne, 0 yuan/tonne, +10 yuan/tonne and -
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Favorable news for corn growth as precipitation increases recently in the Huang-Huai region
According to the agricultural weather forecast issued by the National Meteorological Center on June 25, precipitation is expected to increase over the next week in China's Huang-Huai region, the southeastern part of the Northwest region, and southern Shanxi, among other places. There will be moderate rain in western and southern Huang-Huai and the southeastern part of the Northwest region, and western Huang-Huai and
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Corn prices keep falling step by step, and the pressure to release state reserves is great
Recently, the Ministry of Agriculture held a symposium on agricultural structural adjustment for the four northeastern provinces and regions in Changchun, Jilin Province, specifically requiring the four northeastern provinces and regions to reduce corn planting area. The author believes that since 2008, the bull market feast in which corn output and prices rose together due to state reserve purchases will
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Beijing corn to be trial-planted on 10 million mu of farmland next year
Corn, with a planting area of 550 million mu, is one of China's most important crops. For a long time, corn sowing and harvesting have relied entirely on manual labor, and only American corn varieties could be fully mechanically sown. Next year, 10 million mu of farmland in China will be fully mechanically planted with Beijing
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Corn prices remain stable but weak, industry views and interpretation
Corn prices remain stable but weak. Entering July, from the perspective of the large domestic corn market, short-term market supply is sufficient, downstream demand remains weak, temporary storage auctions continue to be sluggish, the north-south port price inversion is severe, and corn substitutes continue to capture ports and sales area markets.
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Damage from corn pests and diseases is on the rise in China
In recent years, China's corn planting area has steadily increased. In 2014, China's corn planting area reached 553 million mu, making it the grain crop with the largest planting area in China. With the adjustment of planting structure, changes in cultivation techniques, and the replacement of new varieties, China's corn pests
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China's corn production hits a record high
Just as the world's attention is focused on severe weather damaging the corn yield potential in the United States and Europe, Chinese farmers are expected to harvest a record corn crop this year. In its latest monthly report released last week, the International Grains Council (IGC) raised China's corn production
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Rice and corn grain filling will be affected, southwestern China to see low temperatures and scant sunshine over the next ten days
Since late July, most of southwestern China has had many rainy days, with sunshine hours in Yunnan and Guizhou 30% to 80% below the same period in normal years; temperatures have been low, with Yunnan's average temperature at 21.1°C, the lowest since 1990. Single-season rice in southwestern China is at the critical stage of heading and flowering and grain filling, while summer corn is at the tasseling to grain-filling stage. Low temperatures, rain and scant sunshine will inhibit or delay rice flowering, causing poor pollination of rice ears and an increased rate of empty grains; at the same time, low temperatures and scant sunshine will also affect the grain-filling rate of rice and corn, leading to a decline in grain weight.
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China's Corn Stockpiling Policy to Continue for Another Year
Industry analysts say China will implement its corn stockpiling policy for another year before fully liberalizing domestic corn prices. The stockpiling policy aims to raise rural incomes, but some market participants point out that this policy has led to high domestic corn prices. Currently China's corn
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