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Tightening supply and demand for high-quality corn, prices may continue to stay firm
Out of concern over quality issues, large feed enterprises in North China began increasing corn stocks relatively early. There are still nearly 40 days until the Spring Festival, but feed enterprises in North China have already been stockpiling for more than 10 days, and their corn inventories have already increased considerably compared with early December 2015.
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El Niño May Adversely Affect Autumn Grain Production, Ministry of Agriculture Issues Warning
Xinhua News Agency, Chengdu, July 27 (Reporter Wang Yu) Vice Minister of Agriculture Yu Xinrong, speaking at the national on-site meeting on combating disasters and striving for a bumper autumn grain harvest held here, said that the current period is the critical time for "flood control and drought relief during late July and early August," and also a critical period for the growth and development of autumn grain and for disaster prevention and reduction.
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