Corn Price Trend With List of New Wheat

By CnAgri2013-05-30 11:07:29 Print Corn：On May 29th, 2013, the average wholesale price of feed corn in main production areas is RMB2,375Yuan/MT, up 0.04% compared with last week. In northern ports, corn stocks began to decline. Corn reserve and purchase is around to end in NE and sporadic list of wheat in Anhui, Jiangsu and Hubei has certain impacts on corn usage in some areas with favorable price. With less improvement of terminal demand, impacts of harvest and list of new wheat on corn market cannot be ignored. It is predicted corn price is hard to go high suppressed by new wheat list. (Table 2)

 

From “China Livestock and Feed Market Weekly Report”