SunSirs: Corn price fluctuated last week
June 20 2022 09:31:46According to the monitoring of the SunSirs, the domestic corn price fluctuated strongly last week. The average price of yellow corn at the beginning of last week was 2822.86 yuan / ton, and the average price at the end of last week was 2827.14 yuan / ton, up 0.15%.
In the middle of June, affected by the full listing of new wheat, most trade subjects turned their attention to the new wheat trade. The arrival of corn in some parts of North China continued to decline. In order to stimulate the arrival of corn, downstream deep-processing enterprises raised prices slightly to supplement the stock, driving the overall price of domestic corn market to fluctuate slightly.
Last week, the domestic egg price rose slightly, rising by 2.20% during the week, and the pig price rose slightly, rising by 2.09% during the week. The overall situation of the breeding industry continued to improve, and the farmers' enthusiasm for making up the market continued to rise. The domestic breeding sow stock stopped falling and rebounded, and the future demand for corn feed will rise.
According to the corn product analysts of the SunSirs, it will be a long time before the new season corn comes into the market, the supply is tight at different stages, the deep processing enterprises raise prices to supplement the stock, and the downstream feed demand will not decrease. In the short term, the domestic corn market price will continue to operate firmly.
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