Corn Price Begins to See Bottom Out

By CnAgri2013-06-20 14:18:50 Print Corn：On June 19th, 2013, the average wholesale price of feed corn in main production areas is RMB2,387Yuan/MT, up 0.21% compared with last week. Farmers’ surplus grains declined further more in NE. Grain merchants focused on purchasing high quality corn and price differences enlarged between the high quality and the poor quality grains. The reserve price rose after list of new wheat and the hit to corn market weakened. Corn price begins to see bottom out. (Table 1)

 

From “China Livestock and Feed Market Weekly Report”