Big rise! Corn highlights moment! The processing factory raises the price three times a day. Grower: I still don't want to sell it!

Today's news about corn, a word "up". Not only did the spot quotations in various places generally rise, but the corn futures prices of large commercial houses also rose sharply. The main contract rose by 30 points, approaching the previous high of 2730. In the financial market, the corn concept stock sector rose by nearly 4% as a whole, which led to the general rise of domestic listed companies related to seed industry and feed production.

1October 8, 165438, the two-way bidding transaction, bidding sales and bidding purchase of corn in Northeast China, North China and South China are hot, and the corn is tight.

In the spot market, the biggest increase today is in North China. According to market sources, due to the decrease in the arrival volume, processing enterprises in North China have raised prices to collect grain, and some factories even raised prices three times a day. The purchase price of Hengren Industry and Trade in Zaozhuang, Shandong Province rose to 3,000 yuan/ton, unchanged for two days.

Another big area is the main producing area in Northeast China. Affected by the cold wave, heavy snowfall and rainfall occurred in most parts of Northeast China, which affected the market volume of new corn. Extreme weather not only boosted the futures market, but also affected the enthusiasm of selling grain at the grass-roots level. Because low temperature is conducive to the storage of tidal grain, farmers who are not in a hurry to realize cash and have strong storage capacity will choose to wait and see for a while and hold on to grain for a long time.

The northern ports are also affected by snowfall, with reduced port traffic, tight supply and high prices. Although the freight volume of southern ports has increased at present, combined with northern ports, the price is still firm.

Today, the purchase price of moisture 15% old grain in Jinzhou Port is 2590-26 10 yuan/ton, which is the same as yesterday. The transaction price of moisture 15% corn bulk grain in Shekou Port, Guangdong Province is 2850-2870 yuan/ton, up from yesterday 10 yuan/ton.

Today, the price of the southern sales area generally rises, because the price increase in the production area ultimately affects the terminal demand. Previously, southern feed mills used wheat instead of corn to offset the cost pressure caused by the rise of some corn. Recently, the price of wheat has risen sharply and the price advantage is not obvious. Feed enterprises should consider adjusting the formula, increasing the proportion of corn and replenishing stocks, which is the next step for most feed enterprises.

I have to say that this corn boom is both expected and unexpected.

It is estimated that the current corn supply is not connected, the supply and demand in the North China market in the two major producing areas are closely balanced, the northeast market is delayed, and the market grain circulation is far from meeting the demand; Unexpectedly, according to the experience of previous years, with the gradual listing of corn in Northeast China in June 5438+065438+ 10, the gradual decline in corn prices is more in line with market rules.

Although the current rise is the main theme of the corn market, and the market generally recognizes the reasons for its rise, we still can't ignore the risks. After all, the increase in corn production in Northeast China this year is officially confirmed, and the huge supply is like the sword of Damocles hanging over our heads, which can be triggered at any time to reverse the long-short game situation in the market.

To sum up, due to the rising planting cost this year, growers are reluctant to sell, which will affect the pace of new grain listing to some extent. But in which year did the farmers sell it without hesitation? Near the end of the year, the repayment and liquidation needs of most farmers will still prompt them to speed up shipment.

This surge in the corn market will not last long. Bao Bao believes that this extreme weather has passed, and when the new grain is listed, it is the time when this wave of market has died down. At that time, the future of corn price depends on the rhythm and logistics of new grain in the producing area.