Autumn corn is about to hit the market, and prices are rising, but farmers' income may not increase this year

Summary: Autumn corn prices are rising, but farmers' income may not increase this year!

According to information obtained by Science for Agriculture, corn prices in most parts of the country are basically around 9 mao, still quite a distance from 1 yuan per jin, and even in the few areas with relatively high prices, corn prices are basically at 0.95 yuan per jin, still falling just short of 1 yuan per jin. And even if prices hold at this level through the autumn harvest, this year's corn price will still be about 1 mao per jin higher than last year.

It should be said that based on current prices, this year's corn prices should be relatively optimistic, but Science for Agriculture believes that even so, farmers may not necessarily see their income increase, facing a typical case of prices rising without money rising. The reason Science for Agriculture thinks this way is actually that many farmers' corn suffered disasters this year, and coupled with strong expectations of a reduction in corn yield per unit area this year, this has provided effective support for this year's corn prices, and as for the recent rise in corn prices, Science for Agriculture believes that among the reasons, there is also the possibility that quite a few traders, with strong expectations of reduced output, are deliberately driving prices up.

Therefore, Science for Agriculture believes that corn prices can rise this year, but farmers may not necessarily see their income increase. In an announcement released by the China National Grain and Oils Information Center in August, it was stated that based on the current corn production situation, this year's corn output will increase by 0.3%, but from the published planting area, it also increased by 0.3%, which means that this year's corn did not see a reduction in output. This point still differs somewhat from the estimate of Science for Agriculture.

And according to feedback from many farmer friends and the situation learned by Science for Agriculture, many areas this year encountered drought during the corn seedling stage with uneven emergence, and then in July and August there appeared large-scale extreme weather of high temperature and drought, causing insufficient pollination and slow growth of corn, making expectations of reduced output even stronger.

As for this year's production situation, this year's corn is highly likely to see reduced output. Science for Agriculture believes that the data from the Grain and Oils Information Center may have deviations in its survey, and now, from the information fed back by the market, traders with keen market sense have already begun to act, frantically searching for corn in the market, and most recently Science for Agriculture even saw a scene in Liaoning of corn being purchased early at 0.45 yuan per jin, which shows how big the discrepancy is between the market situation and the situation on the farmers' side. Although farmers selling corn at 0.45 yuan per jin is somewhat helpless, if not for the impact of natural disasters, who would be willing to sell at such a cheap price?

A rise in grain prices is naturally a very good thing, but reduced output caused by natural disaster problems also correspondingly reduces farmers' income. Even if corn prices are now rising, Science for Agriculture believes that there will still be many farmers unable to benefit from this wave of market movement. Perhaps the vast majority of farmers will be unable to benefit!

This is Science for Agriculture. You are welcome to add a follow, and let us grow our knowledge together.