Corn prices are rising again! The company issued a price increase notice, and the truth of the corn market was revealed
Since February 1st, we have continued to pay close attention to the corn in the Northeast, during this time, our corn in the Northeast has been very good, especially COFCO Enterprises, which are constantly promoting the climbing, and this is not the first time, the following people are also acting.
1. COFCO Gongzhuling agricultural products ** raised by 20 yuan again, and the current No. 25 water standard is 0 per kilogram955；
2. The purchase volume of grassroots grain stores increased, and the initial procurement was slightly increased in some areas, with an increase of about 1 cent;
3. Some areas of COFCO Commerce and Trade also have a ** increase, with an overall increase of 0Between $5-1.
Is it really corn touching the ground?
Judging from the current various signals, at the time of the New Year, corn should have bottomed out, and then it will enter a period of fluctuation, without any possibility of **, and there will be some small **, it can be said that at the time of the New Year, the bottom of corn has arrived.
But there is still a lot of uncertainty about whether it has bottomed out at the moment, depending on two factors;
The first level: if sales start after the Spring Festival, COFCO is still waiting to see what happens, and China Grain Storage has not significantly increased its purchases, and the bottom grain stores and drying plants will still be cautious and will not enter in a big way.
As a result, the deep processing company still monopolizes the market, and without the opponent to compete with him for grain, the weak corn market will continue for a while.
The second point is that COFCO began large-scale procurement after the New Year, which means that the market has been determined, which means that the grain merchants below will start harvesting grain, and when the time comes, they will begin to purchase with all their might.
There will be a kind of competition between COFCO, grassroots grain merchants and deep processing enterprises, as well as China Reserves and other procurement entities, resulting in corn not only will not be ***, but will continue.
In general, this year's corn ** has come to an end, because it did not last long, so it did not cause much impact, only after the New Year, there will be a fierce competition, and in the Northeast, it is a place full of opportunities and dangers, just waiting for the performance of grain reserves and COFCO in policy.
I still look forward to China Grain Reserves, COFCO and other years later, take the initiative to attack, and give those brothers who sell grain another chance!