Analysis of China's grain and oil market: is it feasible to import corn next year

Introduction: according to foreign media reports, China's corn trade model is expected to change in 2004 This is mainly due to the reduction of domestic corn supply, and the government may adjust its financial support for corn export Recently, the market has also been speculating that China may import some corn in 2004 or adopt the strategy of "going south and going north" We take corn in the United States as an example to measure the import cost of American imports Bz7 according to this week's reference quotation of cost and freight of yellow corn No At present, the price of medium-sized corn port in Guangzhou port is 1500-1560 yuan per ton, and the price difference between them is only 90-150 yuan Considering the quality difference of corn in China and the United States, and the possibility of continuous increase of corn in China, it is feasible for the southern region to import corn from the United States in 2004 Bz7