Fresh!There were 2 minor changes in the corn market

Mondo Three rural Updated on 2024-01-28

CornThe market is still going on**, the market is forCornFears about the future are growing. Entering December,CornThe pressure is still high. On the one hand, December is the peak period for farmers to sell grain, and this yearCornProduction increases, ** weakens, and the market is rightCornThe expectations are also poor, and the enthusiasm of peasant households to actively sell grain before the year is relatively high. On the other hand, the recovery of consumption has been relatively slow, and demand has not been effectively boosted. AlthoughWheatRiceand other alternatives have a relative decline in advantages, but this year importsBarleyThe number has increased significantly, according to the data, imports in the first 10 months of the yearBarleyThe volume increased by 77 percent year-on-year8%, which is also exacerbatedCornand its substitutes. This is also bearish for the marketCornThe main reason.

AlthoughCornThe market is still in the ** trend, but there have been two subtle changes in the market recentlyCornThe market brings a touch of life.

The first change is,CornThe decline is quietly slowing down. In the last four or five days,Corn** Continued to fall sharply, and companies had to adjust prices several times in a row. Whether it is the Northeast, Shandong or North China,Corn**Comprehensive**, especially in the last two days, ShandongCornThe number of trucks in front of the door soared to nearly 1,800, a new high this year. However, after this round of small outbursts,CornThe amount of ** is starting to ease somewhat. For example, on December 1, ShandongCornThe number of trucks arriving in the morning fell back to more than 800, which is a significant performance since the crash. In addition to the easing of Shandong, the Northeast region has also seen important changes, with the decrease in port arrivals, individual ** also appeared**, although the range is very small, only 5 yuan tons, but for the current lastingCornThis is already rare news.

The second change is that this week's ** reservesCornhas increased significantly, and the transaction rate has also increased significantly. In the current very sensitive period of the market, any change on the policy side is rightCornThe market is crucial. The other day, importedCornThe auction reserve price was lowered, which shocked the market and weakened market sentiment. However, this week's ** reservesCornNot only has the purchase volume increased, but the transaction rate has also increased significantly. Although the number of transactions** has decreased, the market still interprets this as a positive sign. This means that the main body of grain collection has increased, which is conducive to undertakingCornof selling pressure. At the same time, the market believes that with the release of reserve stocks,CornThe ** will gradually come to an end. Although the trend may gradually weaken, it is still more difficult.

AlthoughCornThere have been two subtle changes in the market, but Xinnong Observation believes thatCornThe trend is not easy to stop in the short term. Especially in the coming week, the game between buyers and sellers will be more intenseCornThe chaos in the market will be at its peak. Although the market sentiment has cooled somewhat, which is manifested in the fact that the surge in volume has led to a large increase, it is difficult to retreat from the volume. Therefore,CornThe decline may weaken gradually, but it will still be very difficult.

In general, thoughCornThere have been subtle changes in the market, butCornThe decline is not over yet. The market is still facing many uncertainties, such as overabundance, weak demand, etc., which will be correctCornGenerate stress. Therefore,InvestmentsThe one is inCornThe market needs to be vigilant and operate cautiously.

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