Corn has risen to 1 yuan per jin? I say I'll sell it all to you at 90 cents per jin

"Corn prices have gone up again today"

"What did you say? Why hasn't the price I sold at today gone up? You must be lying, right?"

"I don't know either, I just heard it from others."

You've probably heard or seen conversations like the one above quite a lot during this period.

We are currently in late November, and based on how things have gone in previous years, December is the peak period for selling grain.

This year, from the sowing stage, the corn planting area shrank compared with previous years, and on top of that, the armyworm damage in the Northeast, a main corn-producing region, this year, as well as the prolonged cloudy and rainy weather during the corn harvest period in Central China, East China, North China and other areas, have more or less affected corn yields.

It can be foreseen that this year's total new corn output will be somewhat lower than last year. As the saying goes, things are precious when they are scarce. Since total corn output has decreased, it makes sense that prices would rise.

However, from mid-to-late October to now, late November, corn purchase prices in various places have not been as high as we imagined. The better-quality corn can sell for over 80 cents per jin, while corn with high moisture content or lots of impurities can only sell for over 60 or 70 cents per jin, which has not met people's expectations.

In recent days, news of corn price increases has stirred farmers' nerves, but in reality, the price rise has not been that obvious, and they immediately turned to disappointment.

In fact, there are many factors affecting corn prices, such as weather, policy, market changes, imports and exports, auctions, and so on. Corn prices cannot rise just because people say so; they must follow market conditions, and only when multiple factors combine will price fluctuations truly occur.

As for whether it can reach 1 yuan/jin by next year? In Xiaobangshou's personal view, it is rather difficult, but not impossible. I just hope everyone will find the right timing to sell grain, not store it blindly, and not sell blindly either. Based on the local market conditions, if the price is about right, you can sell.