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    Home > Food News > Food Articles > New grains will be launched soon, can the "high fever" corn market cool down...

    New grains will be launched soon, can the "high fever" corn market cool down...

    • Last Update: 2021-09-19
    • Source: Internet
    • Author: User
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    Affected by higher corn prices, many domestic feed companies have recently issued price increases notices one after another


    Feed companies are busy raising prices

    The high and fluctuating corn prices first affected feed companies


    The leading company in the feed industry, Haida Group, said in a recent investor survey that the current price trend of corn and other raw materials is not easy to judge


    In the first half of this year, feed prices rose significantly


    Downstream companies are also eagerly waiting for the corn market to cool down


    It is worth noting that at present, downstream companies generally report that raw material costs are under pressure


    Liu Dong, a corn analyst at the Agricultural Products Division of Shanghai Iron and Steel Union, also told a reporter from China Business Daily that downstream consumption will definitely affect the demand for corn, but the pressure from the downstream demand side is transmitted slowly to the upstream raw material corn, and it usually takes a medium to long term.


    Corn prices show signs of falling

    The launch date of the new grains is getting closer, and the price of corn has also fallen to a certain extent


    Although the recent corn price is still at a high level, many factors have cooled the price of corn


    Is this round of price changes normal? A large grain grower in Northeast China told a reporter from China Business Daily: “The corn market has been decreasing recently.


    The corn market may continue to cool after the new grain market

    Industry insiders believe that the corn market is expected to return to rationality after the listing of the new grain


    A grain trader in the Northeast region told a reporter from China Business Daily: "The changes in corn prices have not greatly affected the progress of corn production and sales


    At present, the mentality of market entities is the main factor that affects the purchase and sale of the corn market, or a major factor that affects changes in corn prices


    After the new grain is listed, the relevant subjects in the corn market may also look at prices more rationally


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