Corn Price to Go Strong in Short Terms

By CnAgri2013-11-14 11:33:38 Print

Corn：On Nov. 13th, 2013, the average wholesale price of feed corn in main production areas is RMB2,355Yuan/MT, up 0.15% compared with last week. Due to low level of stocks in deep processing enterprises and farmers’ reluctance to sell, corn price was raised led by deep processing enterprises in Shandong. But the price raise is suppressed by domestic corn supply. In short terms, corn price is predicted to go strong.  (Table 1)



From “China Livestock and Feed Market Weekly Report”