Corn prices plummeted!When will it bounce back?

Mondo Three rural Updated on 2024-01-19

Corn market: Hope in pain The corn market has been continuing, with companies frequently lowering their prices, even twice a day. With the Northeast region, Shandong also began to participate in auction transactions, resulting in corn trading volume breaking 1,000 again, and **also sharply**, almost close to the previous low. Such a **pullback** is reminiscent of the ** ten years ago**, which is disappointing. The corn market raises a new set of questions: How longCan it be re-a**?And how long will it take?First of all, the fundamentals of corn have not changed, but the support is growing. Previous analysis pointed out that although the momentum of corn is ferocious, the amplitude is manageable. The current trading volume shows that the ** of corn is increasing rapidly, and many businesses in the Northeast region are full of vehicles transporting corn in front of their doors. The increase will naturally lead to the same in Shandong and North China, but the main reason for the release of emotions in Shandong is that the emotions in the Northeast are also unbearable.

Therefore, it is foreseeable that the *** of corn will continue for some time. However, the momentum won't last forever as supply and demand are changing. On the one hand, as the Northeast cools and it becomes easier to store corn, some growers are starting to show a reluctance to sell, and although the volume of corn is still increasing, at least there is no large-scale sell-off. On the other hand, the purchase of grain reserves has provided some support for corn, especially high-quality corn. So, yes, corn won't have the same big out-of-control as it used to be, but the trend may continue for a while, but not for long. Secondly, there are still two months to go before the end of the year, and the ** of corn will not remain the same. The ups and downs in the market are inevitable. In the next two months, there will be a lot of changes in the market, especially in the corn market, and there are two factors to support *** One is the replenishment and stocking needs of enterprises. With the increase in processing capacity, the purchase of corn has increased.

At this time, enterprises do not dare to significantly lower the **, because the end of the year is coming, they need to replenish the stock, if the later grain is lowered, it may lead to too much pressure in the later period. Second, the logistics at the end of the year are busy, which leads to the tightening of corn transportation capacity and the unstable trading volume. At the end of each year, the logistics season is at its peak, and the capacity to transport corn can also become very tight. Coupled with the changeable weather, the reliability of logistics has also become unstable, which has played a certain role in restricting the production of corn. To sum up, the recovery of corn will take time and changes in the market. Although the current corn is continuous, supply and demand are changing, the replenishment and stocking needs of enterprises are also increasing, and the busy logistics are also making the transaction volume unstable. It can be expected that the trend of corn will continue for some time, but not for long. If the market changes in favor of ***, then ** will naturally pick up. The corn market is in pain, but there is also hope. The corn market has already seen a decline at the end of November, and this trend is likely to continue into December.

From December to January, it is a critical time period for the purchase and sale of corn. At this time, the best party like the main body of grain can make the best move, and the buyer like the main body of grain can also make the best purchase during this period. Therefore, in the next two months, the corn market will be very frequent. In the first half of the month, many will take a wait-and-see attitude, which will lead to insufficient support and the corn market remains weak. However, in the second half of the month and the beginning of the year, the probability of corn rebounding is higher. This means that if you want to make a profit in corn trading, you need to seize the opportunity during this critical period. In fact, market changes are not only determined by supply and demand, but are also influenced by other factors. For example, policy, weather, international, etc. can all affect the corn market. Therefore, corn investors need to pay close attention to market changes and make timely adjustments. For farmers, there is also a deep meaning behind their mental activities and behaviors. Their income and future livelihood are closely tied to corn**. When the market changes, their mindset also fluctuates with it, and sometimes they feel anxious and uneasy.

In short, the changes in the corn market will continue into next year. Corn investors need to stay vigilant, pay attention to market changes, and seize opportunities. At the same time, we should also pay attention to the living and psychological state of farmers and seek better solutions.

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