Corn： On 18 March 2015 the average wholesale price of corn in main production areas is RMB2, 415 Yuan/T, up by 0.84% from last week. State Temporary Reserve bought a lot of corns, so that there was less corn in market. However corn price continued to add, and BOABC predicted that in short – term it will still keep strong. In addition import sorghum and barely had more advantages than corn, thus which may bring some pressures on domestic corn market. (Table 1)

DDGS： On 18 March 2015 the average wholesale price of feed corn in main production areas is RMB2, 073 Yuan/T, increased by 0.97% compared with last week. Domestic DDGS condition was better, which benefits corn price rising, but downstream demands did not have remarkable improvement. Thus BOABC predicted that domestic DDGS market will wholly keep stable. (Table 2)
















From “China Livestock and Feed Market Weekly Report”