Corn Market to Keep Strong

By CnAgri2013-05-16 10:55:12 Print Corn：On May 15th, 2013, the average wholesale price of feed corn in main production areas is RMB2,374Yuan/MT, up 0.42% compared with last week. Dead line of national purchase and storage has been extended from April 30th to May 31st in NE provinces and Inner Mongolia, which increase confidence of domestic corn market. Besides, as farmers are busy with spring planting, few of them are eager to sell grains, which also causes traders to increase price. It is predicted domestic corn spots shall keep the strong trend in short terms. (Table 2)



From “China Livestock and Feed Market Weekly Report”