Corn Price Reached Bottom

By CnAgri2013-05-10 10:49:14 Print Corn：On May 8th, 2013, the average wholesale price of feed corn in main production areas is RMB2,364Yuan/MT, down 0.27% compared with last week. H7N9 bird flu has brought severe blow on domestic feed market, which is also the main reason of dramatic decline of corn spot price. But national provisional storage and purchase is extended to May, which stops domestic corn price from declining. It is predicted bottom range of current corn price has been formed. (Table 2)



From “China Livestock and Feed Market Weekly Report”