Current corn price in Changchun area

Nanfeng Finance Network 65438+1October 22, the purchase price of medium-sized corn of local feed processing enterprises in Gongzhuling area of Jilin Province 1860 yuan/ton, moisture 14%. The purchase price of corn in Siping area and agricultural and pastoral areas of Jilin Province is 1680 yuan/ton, and the moisture content is about 25%. Meihekou city Long Da Grain Co., Ltd. second-class dried northeast corn 1980 yuan/ton, and the moisture content is within 15%.

65438+10.22, Jilin Songyuan trade grain stopped completely, and the national grain purchasing and storage was in full swing. After the introduction of the policy of restricting deep processing, the purchase of trade grain in Songyuan City, Jilin Province is completely at a standstill, and it is expected that this situation will continue for some time. According to the agent who sent the grain, up to now, the local area has completely stopped deep processing and cooperated with the implementation of national policies. Farmers still have some luck in the listing price and the deduction amount of corn purchased by the State Reserve, hoping to adjust it. However, from various channels, there is no sign for the time being.

There is more clear news about corn purchasing and storage in fundamental countries. China National Grain Storage Corporation (China National Grain Storage Corporation) purchases replenishment in the name of rotation, and the purchase quantity is temporarily controlled at 1 1 10,000 tons, including 2.5 million tons in Heilongjiang, 4 million tons in Jilin, 0.0/10,000 tons in Liaoning, 0.5 million tons in Inner Mongolia, 400,000 tons in Shandong and 450,000 tons in Hebei. Grade III or above in the new national standard (bulk density is greater than or equal to 650g/l, moisture 14%, impurity 1%, imperfect grain 8%, of which moldy grain 2%), and the specific purchase prices are: Heilongjiang 1780 and Jilin 65438. Hebei, Shaanxi, Henan, Shandong, Gansu 1860, the grade difference is 40 yuan/ton, and the acquisition cost is 50 yuan/ton. If the market price increases significantly during the acquisition period, which is significantly higher than the listed acquisition price, the acquisition should be stopped immediately (the listed acquisition price will not increase during the implementation period), and the acquisition date will end at the end of April. At present, some bullish news in the market has been basically digested, and interest in funds has weakened, and it has once again fallen into a wait-and-see situation.

The CBOT corn futures market closed higher on Thursday for fear of supply reduction, and the initial price drop was regarded as a buying opportunity by end users. This week, the Buenos Aires Grain Exchange lowered its 2010/1annual corn production forecast in Argentina by 850,000 tons to 6,543,800+095,000 tons. This figure is far below the 23.5 million tons predicted by the US Department of Agriculture. The problem of crop yield in Argentina has aggravated people's concerns about the decline of market supply at the end of the year, and the corn supply in the United States is expected to reach the lowest point since 15. Corn and soybean compete for the market, both of which hit two-year highs, but there are signs that high prices scare away some buyers and lead to a decline in demand.

Market review

US corn futures closed higher on Thursday. It is reported that the Argentine Grain Exchange lowered its corn production forecast this year because

The weather is dry and hot. Chicago Board of Trade (CBOT) March corn futures contract CH 1 closed up 12-3/4 cents, at 6 per bushel.

.54 dollars.

Even the main corn contract, C 1 109, opened at 2340, and the opening long-term funds quickly raised the futures price, followed by the shock of lightening the futures price.

Falling, maintaining a narrow range of volatility, closing at 234 1, up 3 points from the previous day's closing price, lightening 264 lots and holding 44 1 638 lots.

148004 clinched a deal by hand.

Even the corn contract C 1 105 opened at 2256 points, and call auction was greatly broken. The futures price opened sharply higher, and then quickly fell back.

It fluctuated within a narrow range at the 2200 mark and closed at 2200 points in late trading, up 5 points from the previous day's closing price, lightening 360 lots and holding 76564 lots.

4,934 lots were sold.

Viewpoint concern

In terms of domestic corn spot, corn prices in Northeast China, Huanghuai and South China are generally stable; Acquisition and liquidation of Beigang

The price is firm, and the price of southern ports has risen slightly; Up to now, 8 deep processing enterprises in Jilin Province have stopped collecting, and at the same time, due to the south

The trade price of Beigang is upside down, and the trade activities in Northeast China are not active.

There are rumors in the market that the state may reduce or completely cancel the subsidies for fuel ethanol processing, because experts call for discomfort in northern cities.

Combined use, if this policy is implemented, the use of corn in Northeast China will be reduced by 3 million tons.

The average slaughter price of live pigs in China dropped slightly to 13.5 yuan/kg, while the price of pork rose slightly to 22. 16 yuan/kg. Pig-grain ratio

The price is 6.82: 1, and the average profit of self-propagation and self-support is 286 yuan/head, which is slightly lower than yesterday.

Today, Dalian corn market fluctuated within a narrow range, and the trend was very light. After the speculation of the State Reserve ended, the corn market once again fell into the consolidation range before the shock. The price of corn in the northeast port market is relatively stable. At present, the price of corn (3.77, 0. 10, 2.72%) in Dalian Port is 2060-2070 yuan/ton, and the moisture 14%. The arrival price of new corn in Heilongjiang is about 2040 yuan/ton, and the price of corn in Jinzhou Port (4.43, 0.00) in Guangdong Port is still stable, and the inventory continues to increase. The price of good quality corn in Guangdong ports is 2 160-2 190 yuan/ton, and the total corn stocks in Guangdong ports are about 500,000 tons. With the price rising, the delivery speed has obviously accelerated recently, and the market holds a bullish view. Guangdong port stocks continue to increase, and it is expected that corn prices will not rise sharply during the pre-holiday period. However, after the previous surge, futures prices have no upward momentum for the time being, and it is expected that the recent trend will be dominated by shocks.