What was the corn floor price in 2019
Corn is the agricultural product with the second-largest planting area in our country. It originated in Central America and South America and is one of the most important food crops in the world, mainly used as livestock feed. Our country is also one of the major corn-producing countries; in 2018, China's corn output reached 257.33 million tons. So in 2019, when corn is still high-yielding, what is the floor price of corn?
1. How are corn prices in 2019
In recent years, the corn market has not been good at all, and the downward trend is very obvious, falling from the previous high of 1.3 yuan per jin to below 1 yuan per jin. The reason is that in recent years our country's corn has had consecutive bumper harvests, resulting in sufficient stocks and somewhat excessive production capacity. This year the price of corn is still below 1 yuan. At present, the corn purchase price is 0.93 yuan per jin. If better corn is taken to a feed mill, it can sell for 0.95 yuan per jin. Corn prices in different regions may differ slightly, but the highest has not exceeded 1.2 yuan, and the lower ones may be only around 0.8 yuan.
The capacity-reduction actions carried out by the state in recent years include capacity reduction related to corn, mainly adjusting the domestic planting industry structure and reducing the corn planting area. Under the condition of long-term high corn yields, it is indeed very difficult for corn prices to rise. In addition, the African swine fever outbreak in 2019 also had a considerable impact on the corn market. The reduction in pig farmers led to a sharp decrease in demand for corn, which affected corn prices. However, the good news is that the state has already intervened in pig farming, so it can be seen that around June next year there may be a period of rising corn prices.
2. The main value of corn
The vitamin content in corn is very high, 5-10 times that of rice and wheat. Among all staple foods, corn has the highest nutritional value and health benefits. Nutrients such as riboflavin contained in corn are very beneficial to the human body. Processing corn can also produce products such as corn starch and corn germ oil. All these products are widely used in industries such as food, textiles, papermaking, chemicals, medicine, and building materials.
Long-term personal consumption of corn can achieve the effect of prolonging life. The staple food in the world's five major longevity regions is corn. Corn is a coarse-fiber food that can increase intestinal peristalsis, reduce constipation, and reduce the absorption of toxins. In Bama, Guangxi, in our country, fresh cornmeal boiled with water into porridge has become a relied-upon food for centenarians. Together with “hemp seed oil” extracted from plants, soy products, and fresh vegetables, it is their main diet.
The above is some relevant knowledge about corn. Growers who have the conditions to store corn can wait a little longer before selling corn. According to the corn market, corn prices will not linger in the low range forever, and sooner or later there will be a time when they rise.