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 threat of mildew, it is expected that enthusiasm for selling grain will increase later, and prices in Northeast China may show a trend of stabilizing at high levels with volatile weakness. In North China, if there is no boost from a clear rise in Northeast prices, there will be no sustained upward momentum for prices, and a stable and volatile trend is expected to dominate before the holiday.