According to the announcement released by the National Bureau of Statistics on the grain production data for 2025, the total grain production in Liaoning Province will reach 51.556 billion catties, making it the first high-yield year in history. The grain production will rank 12th in the country, with a year-on-year increase of 3.1%, ranking first among major grain producing provinces in terms of growth rate; The average yield per mu is 959.52 kilograms, ranking second among major grain producing provinces, with a year-on-year increase of 2.97%, and the growth rate ranks first among major grain producing provinces.
The article shows that the grain production in Liaoning Province will increase by 3.1% year-on-year in 2025, ranking first among major producing provinces. The expected increase in supply will suppress the spot price of corn. Based on the corn futures data (such as contract 2603 closing at 2,233 RMB/ton, a decrease of -2), the strengthening of production growth and the bearish fundamentals may drive down futures prices, but attention should be paid to changes in consumer demand.
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