Corn rises at night! Will there be brakes? Is there a chance for a big upside before the year?

Mondo Finance Updated on 2024-02-01

Corn rises at night! Will there be brakes? Was there a chance of a significant ** year ago?

On January 31, the corn market in the Northeast has not been paid attention to the latest developments of the corn market in the Northeast, in recent days, the corn market in the Northeast has finally ushered in signs of improvement, and COFCO enterprises in Jilin have begun to raise the grain **, which has also become a very hot topic among the market, it can be said that the price increase of COFCO enterprises this time seems to be relatively weak, but in fact, it has also stepped on the brakes for the Northeast corn market, which is not a good place for the market. This wave of *** is coming to an end.

The current market situation has also undergone some changes recently;

The first change, deep processing enterprises began to increase the number of acquisitions, for the year after the grain to prepare a certain inventory, Shandong began a wave of large-scale price increases, the trend of reserve inventory is more obvious, and our Northeast region although the inventory is OK, but at present, the first is so low, and then it is a bit risky, so deep processing enterprises around the country have more or less increased the performance of the acquisition.

The second change, the basic grain merchants began to increase the number of acquisitions, with the price increase of COFCO, deep processing enterprises stopped harvesting on a large scale, and the basic grain merchants and drying towers also began to purchase, but this is still a temporary storage purchase, choose good grain quality, low purchase, or dare not buy a large number of them, but in any case, as long as there is more grain, it will have a role in promoting the corn market.

The third change, the enthusiasm for selling old grain has also begun to change, and now there is not much time left before the arrival of the Spring Festival, and now some Chen Tie has stabilized after the corn ***, and there is also a certain wait-and-see mood, I want to wait until the year to see the situation, but I see ** is so low, no matter which way, I am losing money, so I just wait until the new year. Therefore, at present, the sales of grain in the field are still relatively sluggish.

Is there still a chance of a major recovery before the end of the year?

But before the Spring Festival, there are still many questions about how much corn still has an advantage, and there are still many questions worth discussing.

In fact, from my personal point of view, the situation before the Spring Festival is basically the same, there will be price increases in deep processing enterprises around the country, and there will be a certain price increase in the collection of grain by grassroots grain merchants, but it is difficult to form an overall trend in various places.

First of all, deep processing enterprises and basic grain merchants are in a very cautious procurement situation, in this case there will be no trend of grabbing grain, and it is difficult to grab grain and corn without grabbing grain.

Secondly, there are not a few days left before the end of purchase and sales before the Spring Festival, and in this limited time, corn no longer has favorable power support, and the first amplitude is not large.

In short, the corn market before the Spring Festival is like this, fluctuating back and forth, but no matter how it rises or falls, the amplitude will not be too large.

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