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China's fresh-eating corn forms a "sweet in the south, waxy in the north" planting pattern
What development path has China's fresh-eating corn gone through? Where does it stand in the world? What are its future development directions? While answering our questions, experts' accounts also let us sense the popularity of fresh-eating corn. Fresh-eating corn is corn harvested and eaten like fruits and vegetables
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Corn prices in the Hebei-Shandong-Henan region have fallen noticeably
Downstream industries are shrinking, and demand for feed corn shows no sign of recovery. Compared with the usual pattern in previous years, when market prices rose steadily in small increments after entering June, this year's corn market price trend in Henan, Hebei and Shandong has been somewhat abnormal: instead of rising, it has shown a clear downward trend.
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Corn prices in sales areas remain stable, with market buying and selling relatively quiet
Corn prices in sales areas stable with quiet buying and selling. Currently, the overall buying and selling in corn sales area markets is quiet, with quotations mainly stable and slight rises and falls in some areas. Affected by the temporary reserve auction and the North Port's higher-price purchasing, corn from Northeast China has seen quotations in sales areas rise by 10 yuan/ton; in North China, due to emptying warehouses to collect wheat, short-term market supply is ample, and arrival prices in sales areas are mostly stable, but in some areas of Henan, due to grain quality issues, quotations in sales areas have fallen by 40 yuan/ton compared with the beginning of the month. At present, the use of substitute grains has increased noticeably, but recent market rumors that the state will strengthen ongoing and post-event supervision of imported grain and epidemic monitoring may have a certain impact on imported substitute grains.
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The spot corn market's bellwether has turned, and port flat-price quotes have bottomed out and are rebounding
From late March to the end of April, domestic corn market prices experienced a sustained decline under pressure from ample supply, sluggish consumption and increased substitution by sorghum. But after entering May, corn market prices began to show momentum of bottoming out and rebounding. Northeast state reserve corn
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Feed corn consumption expected to rebound in the coming market
Feed corn consumption expected to trend upward in the coming market. Earlier, after domestic corn market prices rose sharply for a period, the market has recently shown an overall pattern of stability in the north and weakness in the south, but judging from the current supply and demand situation in the domestic corn market, this north-stable, south-weak pattern is unlikely to last very long. On the one hand,
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This week's auction volume of temporary state reserves of corn will be raised to 5.32 million tonnes
According to a notice released on Monday, this week's competitive bidding session for temporary state reserves of corn is expected to offer 5.32 million tonnes of corn, 39% higher than last week's volume. Due to increased subsidies, recent competitive bidding sessions for temporary state reserves of corn have attracted more buyers to bid. Last week's auction
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Optimistic expectations for corn planting area this year
As of now, new-season spring corn planting in Northeast China is nearing completion, and as winter wheat in the interior enters its maturity period, the relay intercropping of new-season summer corn in wheat fields in the interior has also begun. Given the current huge domestic corn inventory and relatively sluggish prices,
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China's annual corn imports remain stable
According to the May global grain market trade report released by the United States Department of Agriculture, China's corn imports in 2015/16 are expected to remain stable at 3 million tons, because domestic corn production is expected to hit a record high, domestic stocks are sufficient, and the government encourages traders to purchase domestic corn
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Why Are Corn Prices Weak? Ample Supply in Sales Areas, Social Inventories Still Being Released
I. Spot Market Northeast Production Areas: Outbound shipments from production areas temporarily stable; spring planting underway in Heilongjiang Currently, traders in Northeast production areas are still releasing inventory, and outbound prices remain stable compared with last week. At present, grain sources in the hands of farmers in Liaoning and Inner Mongolia are basically sold out, while some villages in Jilin and Heilongjiang still have corn for sale, but farmers' asking prices are relatively high, traders' current purchasing willingness is not strong, and buying and selling are sluggish. Regarding spring planting, all Northeast regions except Heilongjiang have completed spring planting, and seedling emergence in Jilin and Inner Mongolia is good. Rainfall this week effectively alleviated the earlier drought in Liaoning. In eastern and northern Heilongjiang, planting was delayed due to low temperatures earlier, and spring planting work is still underway.
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Direct harvesting of corn kernels requires every link in the chain to be smoothed out
Modern agriculture is no longer simply about pursuing grain output; it must take into account the overall benefits of the entire industry. Farmers' incomes are no longer raised solely by "growing more grain." The benefits of cost savings and efficiency gains at every link have led more and more farmers to start keeping a "profit ledger."
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