After the weather gets warmer, corn will meet the "price game" in March! Four trends analysis

Under the influence of the fluctuation trend of corn price in February, March finally came. On the whole, market prices are still fluctuating downward, especially after March. Under the influence of the relatively stable corn market in the early stage, there are still a lot of corn stocks at this time. After the given temperature gradually increases, the storage difficulty increases. In March, corn ushered in a "price game", and the latest analysis of the four major trends in the market came.

Trend 1: Supply and marketing game

With the increase in the sales volume of grass-roots corn, the market sales pressure is gradually reduced, especially the surplus grain at the sales end is only about 40%, and the risk is gradually reduced. According to the grain sold now, when it drops by 20%, the price of corn is in a stable state.

With the gradual warming of the weather, the temperature in some areas is more than ten degrees, which further increases the difficulty of storing tidal grain, and there is a possibility of a certain concentration in the future, which will further increase the selling pressure of corn and increase the risk.

Trend 2: The acquirer is in a dilemma.

For traders, now is the best time to open positions. After all, with the gradual decrease of wheat and rice, there is some uncertainty in the price trend of corn, and the subsequent corn market is still unpredictable.

The subsequent increase in inventory is risky.

Therefore, this game war between buyers and sellers will become more and more obvious in March.

Trend 3: Market supply and consumption become dominant.

From the perspective of corn market supply, in addition to the relatively large selling pressure of tidal grain, the rice auction in March is still in a state of stagnation, and now listing will have a certain impact on the subsequent corn pressure.

According to the latest market situation, imported corn is also arriving in Hong Kong. In addition, with the recent decline in international corn market prices, domestic corn prices will certainly be hit by certain prices, and it is difficult for deep processing enterprises to increase their purchasing willingness under the condition of relatively low profits. For farmers, the price of live pigs is rising, but the increase is limited, and the demand for corn is still small.

Trend 4: Corn quality determines the trend.

Judging from the current corn market, with the increase of temperature, the risk of wet grain is gradually increasing. Especially from the corn market last year, there was a rainstorm in the northeast, which had a certain impact on the quality of corn in some areas, and the overall circulation of the corn market gradually decreased. In the case that market circulation affects processing enterprises, the corn market has ushered in a wave of grain concentration.

In addition, with the obvious improvement of the quality advantage of dry grain in March, the price of wet grain will be gradually opened, which will have an adverse impact on the corn market.

Based on the above analysis, with the gradual warming of the weather in March, the centralized supply of tidal grain has strong price support for traders, but it still needs to be cautious when the buyers and sellers are relatively active. After all, the current market consumption is still uncertain.