Corn dropped overnight !The auction of grain reserves made a big move to reduce the price by 100 y

Mondo Finance Updated on 2024-01-19

[Uncle Rui's opening focus].

At the beginning, Uncle Rui still wants to bring you the latest agricultural trends according to the usual practice;

Today, I still want to focus on the latest developments of the corn market in the Northeast with all the old irons, in the last two days, the corn market in the Northeast has dropped all the grain old irons are panicked, and they don't know what to do, and the root cause of this situation is actually 2;

The first: although the overall upstream deep processing enterprises do not drop the price much, the daily price drop is basically 025-0.About 5 points, individual enterprises can reduce the ** to 1 point, but the main body of the grassroots grain collection is afraid of a big price drop, and the price drop has reached a cent or even higher, and the grassroots have fallen too violently, so that the grain sellers are very worried.

The second: with the sharp drop in corn in October, it is an indelible pain in the hearts of all the grain sellers, and it also makes our mentality more fragile.

At the same time, another important piece of news came from the auction of imported corn in China Grain Reserves: Starting this week, the reserve price of imported corn in the auction began to be lowered by 50 to 100 yuan, for example, in Liaoning, it was 2,550 yuan tons before the adjustment and 2,450 yuan tons after the adjustment, with a reduction of 100 yuan tons.

This makes the grain growers even more uncertain!What the hell is going on?Will the corn ** fall big?

Lao Rui believes that this wave of corn price reduction is very likely to soon enter a ** mode that cannot fall, that is to say, this wave of ** may be almost to the end.

First of all, the auction of imported corn in China Grain Storage is indeed a price reduction, but the reason is that it cannot be sold at all, the turnover is extremely low, and the quality of imported corn is very poor, so the impact on the market is not large, at most it is in the mentality.

Secondly, the current entire corn market channel inventory is very low, the inventory of enterprises is not large, and grain merchants, drying towers are basically no inventory, if the pace of selling grain slows down, deep processing enterprises must increase prices to attract corn grain sources.

In the end, don't look at the price drop of the enterprise, but the price drop at the grassroots level is too fierce, and it is this kind of grassroots price drop is too ruthless, directly selling grain from the old iron can still make some money, and then they will lose money, and the price drop is too fierce, and the old iron who grow grain will not admit to selling.

Therefore, on the whole, the mentality of the grain sellers is now not very willing to sell and wait and see, and the inventory of enterprises is very low, and it is difficult to reduce the price if it does not receive the grain.

Next, let's pay attention to the latest ups and downs of corn in Northeast China

Heilongjiang Baoqing Wanli Runda fell 1 point, 30 water tide grain 0885 yuan

Heilongjiang Fujin Xiangyu fell 5%, 30 water tide grain 0885 yuan

Heilongjiang Bei'an Xiangyu fell 5%, 30 water tide grain 091 yuan

Heilongjiang Suihua Haotian fell 5%, 30 water 09454 yuan

Heilongjiang Daqing Yipin fell 5%, 30 water 09687 yuan

Jilin Elm COFCO fell 1 point, 30 water 09776 yuan

Jilin Baicheng plum blossom amino acids fell 1 point, 30 water 0966 yuan

Jilin Songyuan Cargill Biochemical fell 5%, 30 water 0964 yuan

Corn**

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