Corn prices have fallen sharply, the current state of the market and forecasts

Mondo Three rural Updated on 2024-01-30

Corn ** fell sharply, the current state of the market and **.

Corn *** This year's corn ** is incredible. Corn rose to a year-to-date high of near 1 before the start of the general market6 yuan catty. Although this high point did not last long, unexpectedly, corn ** in Shandong and other places fell below 13 yuan catty, ** 400 yuan ton. According to the market, the trend of corn is continuing, which means that corn may not have reached the bottom yet. This is an unexpected blow to the corn market.

*Aspect (expanded): Fluctuations in the corn market** have had a significant impact on both producers and processors. During the upswing, producers face relatively little pressure, but when they do, their incomes drop dramatically. On the other hand, processors face the uncertainty of market demand and are unable to accurately determine pricing strategies. In addition, the decline has led to more complex negotiations between producers and companies, with both parties looking to get more benefits at a higher level.

Market sentiment reversed.

Previously, the corn market was very bullish. On the one hand, the northeast region is expected to be uncertain after two typhoons and heavy rainsOn the other hand, with the recovery of pig prices, agriculture has turned from a loss to a profit, and market confidence has increased. It is believed that the pig industry is a big demander, and corn **will**. But as it turned out, these two expectations were completely reversed. Instead of decreasing maize production, it is expected to continue to increaseThe pig price did not rise but fell during the National Day and Mid-Autumn Festival, and even fell directly"$8", the agricultural industry is losing again. This abrupt reversal of market sentiment from bullish to bearish, and the depth of bearish sentiment is too great, because the contrast is too great.

In terms of market sentiment (expansion): Changes in market sentiment have a significant impact on supply and demand. In the past, when the bullish sentiment was strong, companies generally bid higher for corn, and during periods of low prices, they were more conservative. However, as market sentiment reversed, companies began to bid, while companies that previously bid at low prices continued to weaken. It can be said that"Open high"Corn suddenly became"Open low"。The change in market sentiment has also put companies in a difficult situation, and they don't know how to deal with the volatility, which has further exacerbated the uncertainty of the market.

The corn trend reversed.

Although corn has fluctuated before, most of the companies are higher than last year's, which is a good start for this year's corn. However, as corn continues, the high of the enterprise begins to retreat, while the low of the enterprise continues to weaken. It can be said that"Open high"Corn suddenly became"Open low"Corn. The reversal of this series of major transfers** has arrived, and the pessimism in the market is also increasing. At present, it seems that the trend of corn ** is still continuing, and the market outlook is still not optimistic.

On maize trends (expanded): Changes in maize trends are mainly influenced by supply and demand, macroeconomic and political factors. The current corn market is facing the problem of increasing demand and uncertain demand. With the increase in corn production, it is more than enough, which, combined with the uncertainty of market demand, leads to the persistence of corn. In addition, macroeconomic and political factors have also had an impact on the maize trend. Factors such as economic slowdown and war will lead to a decrease in corn demand, coupled with the impact of political regulation, resulting in corn instability.

The sign given by the kanji.

At this critical juncture,"Chinese"came out, providing some signals for the corn market. For example, COFCO Gongzhuling's new, second-class, and over-pounded corn purchases** were 2,580 yuan, a slight decrease compared with last year, but the overall data did not change much. And COFCO Shandong part of the direct warehouse of the first-class corn ** in 145-1.About 5 yuan tons. Although there are not many encouraging signs from the point of view, it also releases another signal, that is, this year's corn cannot only be seen, and the quality is also critical. In fact, this is very similar to the situation in the wheat market last year.

Regarding the ** aspect (extended): The ** given by the Chinese character is not exciting, but it provides a stable price reference for the market. This is very important for the market, as the volatility of corn can create a lot of uncertainty for businesses and farmers. The ** represented by Chinese characters is relatively stable, which gives the market a certain confidence and reference. What's more,"Medium"The word mark also sends a signal that this year's corn market is not just about it, quality is also very important. This means that the first-quality trend of corn is gradually emerging.

On the quality aspect (extension): For farmers, improving the quality of corn can not only enhance the competitiveness of their products, but also improve the quality and profit. For processors, the best quality of raw materials can improve product quality and enhance market competitiveness. Therefore, in this year's corn market, it is very important to focus on quality.

On regional differentiation (widening): This year's corn market has also begun to show a clear regional differentiation. In areas with increased production, farmers' enthusiasm for selling grain is high, and a large number of purchases will further depress it, resulting in a low enthusiasm for farmers to sell grain, and it is difficult to go further. As a result, the current corn market seems to be a mess, with various factors interrelated and difficult to trend.

In short, the decline in the corn market this year is indeed very large. First of all, the drop was very large, from the high to the low. Second, there has been a big reversal in market sentiment, from bullish to bearish. Corn has seen another big reversal, falling from highs to lows. This series of ** has made the market very worried, and pessimism about the current situation continues to heat up. The signal sent by the Chinese characters also reminds us that this year's corn market cannot only look at **, quality and region are also very important. Therefore, at this critical juncture, we must continue to observe the market situation and make prudent decisions.

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