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Average wholesale price of feed corn in China on July 25

China Agriculture Report By CnAgri2012-07-26 11:19:03China Agriculture Report Print


On 25th July, 2012, the average wholesale price of feed corn in main production areas is RMB 2,510Yuan/MT, up 0.33% compared with last week. Surplus grain from farm in NE was declining, some regions even suspended purchasing. Trader had was reluctant to sell out. Compared with international corn futures price, domestic spot market had a slower increase rate. It is predicted that domestic corn market will sustained the upward trend and have further increase space nearby.


From "China Livestock and Feed Market Weekly Report"

 

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