Temporary Reserved Corn Reached 51 Million MT in NE

By CnAgri2014-03-14 10:28:29 Print Corn: On Mar. 12th, 2014, the average wholesale price of feed corn in main production areas is RMB2,322Yuan/MT, DOWN 0.1% compared with last week. By Mar. 5th, temporary reserved corn broke through 51 million MT in NE, recording high, which, however, did not prompt market price to rise significantly, indicating weak terminal demand. BOABC predicts domestic corn market shall remain weak in short terms and there are regional differences.  (Table 5)



From “China Livestock and Feed Market Weekly Report”