Corn Price Expected to See Aajustment after Spring Festival

By CnAgri2013-01-31 11:05:16 Print     Corn：On Jan. 30th, 2013, the average wholesale price of feed corn in main production areas is RMB2,439Yuan/MT, up 0.13% compared with last week.  Corn price in NE saw decrease with adequate supply, while corn purchasing price of deep processing manufacturers increased. With end of stocking in SC, it is unlikely that corn in outside Shanhaiguan will flow into inside Shanhaiguan. Therefore, domestic corn price is predicted to keep stable and in some areas see both increase and decrease, but with limited ranges. After Spring Festival, with great grain supply, corn price may see adjustment. (Table 1)

 

From “China Livestock and Feed Market Weekly Report”