Cost-driven July corn or steady upward

July domestic corn market into the cost-driven period, as traders become the main supplier, if the deposit is not auctioned, corn prices will be stable upward mainlyp3m
Comprehensive analysis, in July, the domestic corn market supply mainly traders, the market price is driven by cost is more likely to riseHowever, due to weak demand and ample storage of CSIS, there is little room for price increasesAugust auctionisted, with future policy and wheat substitution issuesp3m
Traders become the main supplyp3mwith farmers in the hands of surplus grain gradually released, in July began traders really become the main market supply, but this year because the main grain sources in the northeast concentrated in the hands of grain storage, there are not many traders with corn stocks, and traders are used to the inventory to the port, so the northeast corn traders are also mainly concentrated in the portp3m
As of June 21, the northern port corn stocks of more than 3.7 million tons, inventory pressure is enormousp3m
Unlike the Northeast, North China has no pro-storage, this year's corn quality is better, hoarding grain stores and traders a lot, the specific number is unknownp3m
At present, the grain storage is being moved to the warehouse, the first to move 5 million tons, covering North, Central, East, South China, Southwest, Northwest and other regionsIn July I am afraid that in the process of moving the warehouse, according to the north and south of the week to sell 1 million tons of calculation, 20 million tons sold is 20 weeks, so the new corn before the listing of the auction become inevitable, the auction in August is more likelyTraders will have little control of the market in Julyp3m
Demand performance is not positive enoughp3malthough traders can take the initiative in July, but the demand market performance is not optimisticThe year-round meat and poultry farming loss is more, but does not seem to increase the profit of meat and poultry farming, June is still in a state of low-interestJune pig market is still not optimistic, high storage column, price increases are more difficult, in the break-even pointFeed enterprises corn stock, the northeast and Guangdong slightly lower, in about half a month, North China, East China, Central China basically in about 1 month, southwest and northwest regions in more than two months, enterprises said the significance of stocking is not great, high cost, the use of funds, storage difficultyp3m
Deep processing enterprises adequate inventory p3m the author survey found that the gap in domestic deep processing enterprises is not large, the Northeast region enterprise inventory in about two months, plus storage collection, can basically meet the new grain market Shandong Weifang some deep processing enterprises inventory shortage, its own warehouse capacity is limited, the recent price increase is larger, basically in 2400 yuan / ton, 3.5% of the deduction, plus water deduction, the actual cost in 2300 yuan / ton According to this price, Hebei corn still has no arrival value, so the future of Shandong deep-processed corn prices still have room to rise Some large enterprises have sufficient corn inventory, the price remains at 2210 to 2220 yuan / ton, the cost difference between the two more than 100 yuan p3m wheat replacement gradually began p3m Although the purchase price of wheat to the city of North China is 2240 yuan / ton, the current third-class wheat has soared to 2360 to 2400 yuan / ton, resulting in wheat replacement corn is unlikely East China wheat and corn ratio has an advantage, northeast corn to the factory price of 2500 to 2550 yuan / ton, some enterprises have begun to replace wheat, the amount of replacement in about 35% The replacement of wheat for pig wheat in some parts of central China is 10% to 15% Some enterprises in Guangdong began to use wheat in ducks Future wheat substitution mainly depends on the price relationship with corn, in the short term, the most likely replacement is still wheat-producing areas and corn marketing areas combined areas, such as East China and Central China p3m
　　Imports have been carried out p3m in 2013 domestic corn import quota private enterprises part of the basic implementation of almost, June 3, it was reported that Cofco Group bought a ship of 60,000 tons of New Season of Argentine corn, shipment shipping will be carried out at the end of July Of the 7.2 million tons of import quota, 60 percent of the state-owned trade, and the other 4.2 million tons of state-owned enterprise quota corn has yet to start The total amount of corn imported from January to May 2013 was 1.51 million tons, plus 5.2 million tons in 2012, and 6.7 million tons of corn were still not released U.S corn imported by private companies will arrive in Hong Kong after September p3m in July the domestic corn market into the cost-driven period, as traders become the main supplier, if the deposit is not auctioned, corn prices will be stable upward mainly p3m
　　Comprehensive analysis, in July, the domestic corn market supply mainly traders, the market price is driven by cost is more likely to rise However, due to weak demand and ample storage of CSIS, there is little room for price increases August auctionisted, with future policy and wheat substitution issues p3m
　　Traders become the main supply p3m with farmers in the hands of surplus grain gradually released, in July began traders really become the main market supply, but this year because the main grain sources in the northeast concentrated in the hands of grain storage, there are not many traders with corn stocks, and traders are used to the inventory to the port, so the northeast corn traders are also mainly concentrated in the port p3m
　　As of June 21, the northern port corn stocks of more than 3.7 million tons, inventory pressure is enormous p3m
　　Unlike the Northeast, North China has no pro-storage, this year's corn quality is better, hoarding grain stores and traders a lot, the specific number is unknown p3m
　　At present, the grain storage is being moved to the warehouse, the first to move 5 million tons, covering North, Central, East, South China, Southwest, Northwest and other regions In July I am afraid that in the process of moving the warehouse, according to the north and south of the week to sell 1 million tons of calculation, 20 million tons sold is 20 weeks, so the new corn before the listing of the auction become inevitable, the auction in August is more likely Traders will have little control of the market in July p3m
　　Demand performance is not positive enough p3m although traders can take the initiative in July, but the demand market performance is not optimistic The year-round meat and poultry farming loss is more, but does not seem to increase the profit of meat and poultry farming, June is still in a state of low-interest June pig market is still not optimistic, high storage column, price increases are more difficult, in the break-even point Feed enterprises corn stock, the northeast and Guangdong slightly lower, in about half a month, North China, East China, Central China basically in about 1 month, southwest and northwest regions in more than two months, enterprises said the significance of stocking is not great, high cost, the use of funds, storage difficulty p3m
　　Deep processing enterprises adequate inventory p3m the author survey found that the gap in domestic deep processing enterprises is not large, the Northeast region enterprise inventory in about two months, plus storage collection, can basically meet the new grain market Shandong Weifang some deep processing enterprises inventory shortage, its own warehouse capacity is limited, the recent price increase is larger, basically in 2400 yuan / ton, 3.5% of the deduction, plus water deduction, the actual cost in 2300 yuan / ton According to this price, Hebei corn still has no arrival value, so the future of Shandong deep-processed corn prices still have room to rise Some large enterprises have sufficient corn inventory, the price remains at 2210 to 2220 yuan / ton, the cost difference between the two more than 100 yuan p3m wheat replacement gradually began p3m Although the purchase price of wheat to the city of North China is 2240 yuan / ton, the current third-class wheat has soared to 2360 to 2400 yuan / ton, resulting in wheat replacement corn is unlikely East China wheat and corn ratio has an advantage, northeast corn to the factory price of 2500 to 2550 yuan / ton, some enterprises have begun to replace wheat, the amount of replacement in about 35% The replacement of wheat for pig wheat in some parts of central China is 10% to 15% Some enterprises in Guangdong began to use wheat in ducks Future wheat substitution mainly depends on the price relationship with corn, in the short term, the most likely replacement is still wheat-producing areas and corn marketing areas combined areas, such as East China and Central China p3m
　　Imports have been carried out p3m in 2013 domestic corn import quota private enterprises part of the basic implementation of almost, June 3, it was reported that Cofco Group bought a ship of 60,000 tons of New Season of Argentine corn, shipment shipping will be carried out at the end of July Of the 7.2 million tons of import quota, 60 percent of the state-owned trade, and the other 4.2 million tons of state-owned enterprise quota corn has yet to start The total amount of corn imported from January to May 2013 was 1.51 million tons, plus 5.2 million tons in 2012, and 6.7 million tons of corn were still not released U.S corn imported by private companies will arrive in Hong Kong after September p3m