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Corn price fluctuation risks remain in the outlook, North China market needs caution
Since mid-December, corn prices in the North China production area have fluctuated quite frequently, overall going through a process of decline-rebound-decline. On one hand, the weather improved, corn supply in North China recovered quickly, and enterprises saw increased arrivals, but downstream demand could not absorb it effectively, and the market pattern shifted again from a period of tight supply to a situation of oversupply, with prices continuing to fall reasonably as the market expected. On the other hand, grain moisture content was relatively high, and enterprises interested in low-moisture grain sources were forced to raise purchase prices, which in turn drove prices to stop falling and stabilise, and combined with increased outflow of some grain sources, prices in some areas even rebounded slightly. As of now, the ex-factory price of 14.5% moisture third-grade corn at deep-processing enterprises in Weifang, Shandong is 1880-1940 yuan/tonne, down about 20 yuan/tonne from last weekend, with a few enterprises seeing slightly larger declines; the ex-factory price in Shijiazhuang, Hebei is around 1740 yuan/tonne, down about 20 yuan/tonne from last weekend. It is expected that in the short term North China corn will remain stable with a weak bias, and prices will fall more in areas where farmers are more active in selling grain.
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Coexistence of Bullish and Bearish Factors: Corn Market Unlikely to Perform Well
Currently, the domestic corn market can be described as having a coexistence of bullish and bearish factors. On the one hand, China's temporary storage corn procurement continues in full swing, but the market's interpretation of it is becoming increasingly rational. With temporary storage corn inventories about to break through the 200 million ton mark, the Dalian corn futures price has touched the policy ceiling level
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Northeast Rice Purchases Recover, Market Shows Clear "High Quality, High Price" Trend
Supported by the approaching demand peak for New Year's Day and the Spring Festival, the purchase and sales atmosphere in the Northeast rice market recovered this week. Driven by group enterprises actively entering the market, Heilongjiang long-grain fragrant rice, Liaoning Liaoxing rice, and Jilin super rice showed upward price trends. However, due to strict deductions for moisture and impurities at purchase, round-grain
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December Marks the Off-Season for Vegetable Supply, Affected by Rain, Snow and Low Light
According to monitoring by the Ministry of Agriculture's Vegetable Production Information Network, vegetable supply in November was basically flat year-on-year, while farm-gate wholesale prices rose both month-on-month and year-on-year. In December, as the off-season for supply begins, North China, Northeast China and other areas are affected by prolonged haze, overcast skies and snowy weather, which is unfavorable for vegetable growth and development.
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Why did the domestic corn rally suddenly hit the brakes?
Do you remember that when domestic corn market prices kept rising in November, we could not help but wonder whether corn's spring had arrived early, but after entering December this rally suddenly took a sharp turn, with prices in most regions stopping their rise and falling, especially in the North China and Huang-Huai production areas where the previous gains had been swiftest, the declines were most pronounced.
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The soybean market has been under heavy pressure recently, with prices clearly under strain
In December, the global soybean trade side and supply side became hot topics of market attention. On the one hand, the reduction of Argentina's soybean export tariff helps boost its export competitiveness; the export competitiveness of US soybeans is further weakened; China's soybean imports will also reach their annual peak. On the other
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How can specialized markets help drive the development of animal husbandry
On November 29, southern Xinjiang's largest livestock gathering and distribution center - the Baicheng County livestock and forage trading market built with aid from Wenzhou, Zhejiang - began trial operations. According to statistics, on the day of the trial operation, the number of traders reached more than 1,000, the livestock trading volume reached 4,000 head (animals), and the transaction amount exceeded 5 million yuan, welcoming
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Good Pu'er products need good marketing even more
Today, big data, large-scale distribution, and the Internet have become the trends in agricultural product marketing development, and are also the direction that agricultural product marketing must adhere to in the future. Especially after the national level issued the "Guiding Opinions on Accelerating the Development of Rural E-commerce," more industrial and commercial
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Corn futures may weaken in a volatile market ahead; what does the industry think?
Last week, rare rainfall occurred in Northeast China, with temperatures rising and falling sharply, which was very unfavorable for corn storage. At the same time, roads were icy and transportation was difficult. It is expected that the short-term progress of temporary storage entering warehouses may be forced to slow down. As the Spring Festival approaches, farmers' willingness to cash in increases, and coupled with the
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Agricultural Brand Building Bears Abundant Fruit, Achievements Remarkable
The CPC Central Committee and the State Council attach great importance to the development of agricultural branding, regarding the strengthening of brand building as an important strategic measure for accelerating modernisation. In recent years, agricultural departments have focused on the main line of work of "stabilising grain production, increasing income, adjusting structure, improving quality and efficiency, and transforming the development model", and in accordance with the development concepts of standardised production
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