At this stage, the purchase price of corn fell or seasonally adjusted, it is inevitable. And this year's corn purchase price decline will be able to explain the problem. Corn this year may be in addition to the production is too large, the corn temporary purchasing and storage policy changes, the downstream demand is relatively weak, farmers worry about greater losses and the corn eager to sell and so on factors can constitute this year's corn prices fell. For now, the corn market in October will have been in a steady state, with the end of the corn market, the November supply of corn will be relatively reduced, the price may bottom out.
【main reason】
According to the author survey statistics, summed up the following reasons this year, corn prices down.
First, the corn starch prices fell sharply, most of the main trading bearish outlook, the downstream procurement will be light, the domestic corn market supply environment is loose, corn prices pressure.
Second, the overall performance of the aquaculture industry is weak trend, egg prices finished lower, resulting in aquaculture profit situation club, the current supply of new corn, aquaculture corn demand is difficult to support the price of corn up.
Third, the northeastern region of the corn producing areas focused on the North China deep processing enterprises continue to cut the purchase price of corn, on the other hand, many corn enterprises demand for corn this year is relatively reduced, the domestic corn acreage continues to expand, the output surge, resulting in the market Which corn supply oversupply, price reduction is imperative.
Fourth, this year due to weather conditions, many areas of corn quality is relatively poor compared to previous years, which can be described from the above statistics can be a little bit, corn prices in the case of poor quality is unable to rise to a high The Domestic early spring corn from south to north a large number of listed, the field of early spring corn producing areas of the market supply continues to increase, the overall low demand downstream, corn market demand for weak and weak issues, starch companies buying and selling will light, and continue to cut corn purchase price.
Fifth, the current season, the new season corn is facing the harvest of the situation, the state treasury grain sufficient inventory, the government on the production price of corn prices have been lowered, have led to the origin of corn prices have been in the doldrums.