Corn Price to Keep Low

By CnAgri2013-04-07 11:11:51 Print Corn：On April 3rd, 2013, the average wholesale price of feed corn in main production areas is RMB2,405Yuan/MT, down 0.34% compared with last week. By the end of March, corn stock at northern ports has exceeded 3 million MT, hitting a new record high in recent two years; corn stock at southern ports has also raised to 0.5 million MT. Influenced by demand and high level of stock at northern ports, corn price is predicted to keep fluctuating at bottom in short terms and rise gradually in later period. Recently corn price in out disk dropped dramatically, focus on domestic corn imports.  (Table 1)



From “China Livestock and Feed Market Weekly Report”