The corn market has changed dramatically recently, especially in the Northeast, where corn has finally ushered in the dawn after a succession.
According to relevant reports, corn in Heilongjiang has risen by 2-3 cents for consecutive days. So, what is causing this change?
First of all, we want to mention that the enterprises in Heilongjiang have been too ruthless in price reduction, which has been seriously lower than normal**, which has led to the outflow of many corn grain sources in Heilongjiang into other regions.
At the same time, with the reduction of the amount of corn at the grassroots level, the direct harvest of corn has come to an end, and the reluctance to sell conventional corn has increased. These two factors have jointly led to the difficulty of grain collection in Heilongjiang deep processing enterprises, and they have to increase the price of grain.
However, this is just the beginning. According to **, in November, there will be a more obvious wave of ***30 water corn**, from the previous low of 8 mao will ** to about 9 mao 5.
So, what are the factors that support this **?
First of all, Heilongjiang direct harvest corn is coming to an end, which means that the impact of direct harvest corn on the market is also coming to an end, but the grain source circulating in the market will be greatly reduced, thereby supporting corn *** Secondly, the reluctance to sell grain and iron has intensified, and the weather has become colder, and the storage conditions of corn have become more available.
Both of these good news have provided strong support for corn.
In addition, corn in Jilin is also in the region, COFCO Gongzhuling, COFCO Elm and other enterprises have risen sharply. This means that this wave of price increases in the Northeast has begun to officially start, and the ** space in Heilongjiang has become larger, and the ** amplitude will be higher.
So, can corn ** hit the 1 yuan mark in November?Judging by the current situation, this possibility exists. Because the market demand is increasing, but it is decreasing, this will undoubtedly bring the first impetus to the corn. Especially in the Heilongjiang region, due to the difficulty of enterprises in collecting grain, they have to raise the standard, which will further promote the development of corn.
In general, the overnight changes in the corn market, the price of 30 water corn, have brought new opportunities to the market. The corn in Heilongjiang will also have a profound impact on the entire corn market. In the future, with the development of the market, corn is expected to continue, and even hit the 1 yuan mark. However, we also need to note that there are many factors changing in the corn market, and the trend of ** still needs to be closely watched.