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Recently, feed companies such as New Hope, Zhengbang Technology, Tongwei Co.
Corn prices fell more than 100 yuan from last month
Compared with the previous month, the price of corn has dropped by nearly RMB 150 per ton
In fact, after the listing of the new grain, the overall price of corn is mainly down, and there are signs of rebound from time to time
“North China is generally operating weakly.
A large grain grower in Northeast China told the China Business Daily that because the price of fertilizers and other agricultural materials has risen, the cost of planting corn has also increased
Falling corn prices is normal
A reporter from China Business Daily learned that many corn deep-processing companies in Shandong reduced prices to purchase corn during the National Day
Liu Dong told a reporter from China Business Daily that from the perspective of the entire industry chain, market players will be more rational in participating in corn purchases and sales
"The seasonal decline in corn is a normal phenomenon, but because the price of last year was high, which amplified this year's decline, it is actually completely normal
Feed prices may be difficult to change in the short term
It is worth noting that although corn prices have fallen, feed prices still maintain an upward trend
Corn prices have fallen, why don’t feed prices fall? The relevant person in charge of the feed business of a domestic aquaculture company told the China Business Daily that the price of corn has indeed fallen due to the listing of new grains, but the corn used as feed has been purchased in previous years, and the cost of the purchase cannot be changed
Subsequent corn prices are "unpredictable", and feed price trends may be difficult to change in the short term
The current corn price is "unpredictable", so feed companies tend to take a wait-and-see attitude
At present, downstream companies generally report that raw material costs are under pressure
