Look at the domestic feed market and analyze the future trend of corn

Introduction: in the latest news in the year-end report of feed industry, experts from domestic feed industry and grain and oil industry participated in the meeting The experts at the meeting made reference to the raw material market in various fields of feed market First, they provided reference to several major issues of 2005 Yumi market that the market participants mainly focused on 1 On the issue of national macro policies, in 2005, the state continued to increase the adjustment of macro policies, mainly in the aspect of export According to the experts of the grain and oil center, in 2004, it is planned to export 5 million tons of corn in the first half of the year However, due to the opening of the grain market, the amount of corn export will still be regulated by the prices of domestic and international markets More market participants will actually export 5 million tons of corn in the whole year T reached consensus 2 Analysis on the trend of domestic corn market in 2005 according to experts, due to the harvest of corn market in 2004, the corn output in 2004 is expected to reach 132.5 million tons, up 14% year on year, and the confidence center of Feed Association is expected to reach 128 million tons, up 9% year on year 3 According to the feed enterprises, the month before the Spring Festival, that is, the yuan month of this year, is not only the peak season of corn demand, but also the prelude to the shrinking corn demand For example, since February after the Spring Festival, livestock and poultry stocks have been greatly reduced, and it will take some time to mend the stock Therefore, it is reasonable for corn demand to be reduced Therefore, feed merchants are more cautious in purchasing corn, and they usually use it as they like In this way, the inventory is very small, which to a certain extent also curbs the price of corn Overall, the domestic corn market will maintain a stable pattern in 2005, and there is still room for oscillation in the later period It is expected that corn will rise in the first half of 2005 In the second half of the year, there was a slight upward trend But it also does not exclude the weather and other factors.