The Price of Corns

By CnAgri2012-10-31 11:19:42 Print

On Oct 24, 2012, the average wholesale price of feed corn in main production areas is RMB2395Yuan/MT, down 1.01% compared with last week. Recently cold air in NE was frequent, along with much rain and snow caused negative effects on corn harvest and purchase to some extent. But it is out of question that the quantity of corn coming into market in October and November was on the increase and it is predicted that there is room for spot market of corn to rebound later on. (Table 1)

    Table 1, China’s Corn Wholesale Prices in Major Provinces

                                                                                                                                                                Unit: Yuan/MT



From “China Livestock and Feed Market Weekly Report”


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