Corn Key Node!**Reserve acquisitions intervened, and the market trend in December attracted much attention.
On the purchase of grain from the state reserves.
At present, China's northeast corn market has shown a sharp decline trend, and the number of grain trucks at the door of major enterprises is also declining sharply. This suggests that the current cereals are likely to have bottomed out, and the time for a reversal is just around the corner. At this time, more and more food is being purchased, which makes people worry about whether there will be a larger price increase in the future.
Since the beginning of this year, the pricing of corn has not adopted the policy of "high price", but has been purchased on the basis of the market. However, judging from the national reserve corn purchased in this bidding, this amount is still very large. In October, 1.47 million kilograms of grain were sold in China, which increased to 1.49 million kilograms in November. In the last two weeks, the purchase plans of large companies have risen to 49,700 gongs from 300,000 gongs last week.
The large-scale purchase of the central reserve has, to a certain extent, reduced the pressure on China's grain sales. At present, feed enterprises and deep processing enterprises have no inventory, so the whereabouts of corn are not very clear. The large-scale purchase of grain from the Central Reserve has given China more outlets for grain, and this is of course good news. However, at present, the purchase mode of grain reserves is in line with the trend of the market, and there is no price increase, so this large-scale purchase behavior is not very good for improving the quality of corn, which we must be clear.
Critical period in December.
It's December, and I think this year's corn will be even more tight. In November, the stocks of grain enterprises were very small, either due to climatic factors, or because they did not reach a psychological level, so there was not much grain **. But December is different, as companies are stockpiling food and selling food at an accelerated pace, so December is the time when grain sales and grain purchases are at their most intense.
In December, most importantly, the inventory situation of the major direct warehouses. If the grain reserves officially start to buy, then the market trend will become clearer, and other grain purchasing enterprises will also buy, so as to reduce the pressure on grain sales, and at the same time ensure that the grain will not be too cheap. This would speed up the sale of food. Therefore, we should pay close attention to the opening of grain storage positions in mid-December.
Brief summary. At present, the emergence of national corn reserves has reduced the pressure on China's grain sales to a certain extent, but its effect on the regulation and control of China's grain market is not obvious. December is a time when China's grain sales have increased by a large margin, and whether or not the central grain reserves have the ability to buy grain is also an issue that has attracted much attention. On this basis, this paper focuses on the procurement decision-making and supply and demand dynamics of grain storage enterprises, in order to have important guiding significance for the healthy development of China's grain industry and farmers.