How much is a catty of corn now? Why did the price fall? The Latest Market Forecast of Maize in July 2022

Although corn is currently in a period of green and yellow, the domestic pig price has soared again. As one of the main feed sources in pig breeding, the recent collection heat of corn is also slowly rising.

What's more, the harvest of summer wheat is coming to an end. In the case that the harvest is a foregone conclusion, more people are also concerned about whether corn can also usher in a good market.

However, as far as the current market situation is concerned, there has been a large-scale decline in corn as a whole, especially in North China, with an amplitude of about 10-20 yuan/ton.

So how much is a catty of corn now? Why did the price fall? Let's take a look at the latest corn market in July 2022.

How much is a catty of corn now?

Liaoning Province: 0.65 yuan/kg of dry corn in wafangdian city, Dalian, Liaoning; 2.5 yuan/kg of dry corn in Dawa District, Panjin City, Liaoning Province; Dry corn 1.33 yuan/kg in Harqin Left-wing Mongolian Autonomous County, Chaoyang City, Liaoning Province.

Heilongjiang Province: nehe city, Qiqihar City, Heilongjiang Province, 65,438 yuan +0.32 yuan/kg of dry corn; Dry corn 1.2 yuan/kg in Mishan City, Jixi City, Heilongjiang Province; Linkou county, Mudanjiang City, Heilongjiang Province, dried corn 1.33 yuan/kg; Dry corn 1.24 yuan/kg in Sunwu County, Heihe City, Heilongjiang Province.

Jilin Province: dried corn 1.4 1 yuan/kg in Jiutai District, Changchun City, Jilin Province; Shuangliao city, Siping City, Jilin Province, dried corn 1.33 yuan/kg, etc.

Hebei province: dry corn in Zhengding county, Shijiazhuang city, Hebei province is 0.83 yuan/kg; Dry corn 1. 18 yuan/kg in Qinghe County, Xingtai City, Hebei Province; Dry corn 1.34 yuan/kg in Dacheng County, Langfang City, Hebei Province.

Shandong Province: dried corn 1.48 yuan/kg in Jimo District, Qingdao City, Shandong Province; Dry corn 1.5 yuan/kg in Yishui county, Linyi city; Dry corn 1.2 1 yuan/kg in Decheng District, Dezhou City, Shandong Province; Dry corn in Linqing City, Liaocheng City, Shandong Province is 0.52 yuan/kg; Yuncheng County, Heze City, Shandong Province, dried corn is 0.97 yuan/kg, etc.

Remarks: The above corn prices are all from Huinong.com wholesale price (non-market retail price) for reference only! The price of corn will be affected by market, weather, origin and quality. The specific price is subject to the actual local quotation.

Why has the price of corn fallen recently?

1, corn demand is weak.

Generally speaking, the peak of feed demand is mostly concentrated in the third and fourth quarters, so the demand for corn is relatively weak at present, and the corn stocks of breeding enterprises or deep processing enterprises in most areas are relatively sufficient, which can last for about 60-80 days.

In addition, in June, a large number of summer grain wheat was harvested and put into storage, and corn storage and storage stagnated, and wheat could also replace raw materials.

In the case of sufficient inventory, the new season corn has not yet been listed, and enterprises are unwilling to purchase corn, so the spot price of corn is slightly weak recently.

The quantity of imported corn has increased.

Although affected by the conflict between China and Ukraine,'s corn imports to Ukraine dropped sharply.

However, China's import demand is still very large this year. It is even reported that China needs to import 25 million tons of corn in 2022.

Moreover, according to the data of the US Department of Agriculture, the amount of corn exported by the United States to China reached 6.5438+0.84 million tons in June, which was higher than that in May.

In addition, even if Ukraine's corn imports are blocked, there is Brazil, a big grain producer. At present, China has ordered about 250,000-400,000 tons of corn from Brazil.

The increase in imports is also a major reason for the decline in domestic corn prices.

3. Strong wait-and-see mood.

Some time ago, after the corn futures plunged, the market had a strong wait-and-see mood, which diluted some bullish expectations.

In addition, a few days ago, North China was affected by rainfall and traffic was blocked. At present, the weather has improved, bringing the peak period of centralized supply to some areas.

This has caused a shortage of market supply in the short term, which has led to a decline in the pressure on acquisition enterprises in this part of the region.

The Latest Market Forecast of Maize in July 2022

Although the corn market as a whole has fallen sharply, it is unlikely that the corn will fall further.

On the one hand, there is still a certain gap in the corn market before the new season corn goes on the market, and there will naturally be room for growth if there is a gap; On the other hand, domestic pig prices continue to rise, and breeding profits increase. It is expected that the inventory will increase after July, and the demand for feed will also increase, thus effectively driving the demand for corn to pick up.

What's more, some grain merchants are optimistic about the market outlook, which also gives the market some support.

Therefore, the recent decline in corn prices should not cause panic.

First of all, this year's corn production in the new season is expected to be optimistic, and with the continuous consumption of corn producing areas, there will be some tension in corn supply after July, so corn prices may usher in a wave of rise.

Secondly, at the end of June, the feeding rice stopped shooting again, and the rice withdrew from the feed market, so the eyes of feed enterprises would naturally collect more corn.

Once the feed demand breaks out normally after July, the price of corn will also rise.

Therefore, in the short term, although the upward momentum of corn prices is slightly insufficient, there is limited room for decline, and the probability of corn prices rebounding in July and even in the second half of the year is still high.

Generally speaking, under the comprehensive effect of some factors such as weak demand for corn, the price of corn has also ushered in a wave of decline recently.

However, at present, corn has entered the inventory consumption war, and it is expected that the price will easily rise and fall in the future, and the breeding feed end has not yet entered the force period in the second half of the year, so the price of corn will probably continue to rise or remain high. At present, corn fluctuates slightly, so don't worry too much.

But for some farmers with limited storage conditions, the high temperature and rainy weather in July increased the storage pressure of corn. It is recommended to take a good look at the market and store it properly to avoid losses.

Finally, what do you think of this corn price? Welcome to leave a message for discussion.