According to the monitoring of SunSirs, the domestic corn price rose slightly last week, with the average price of the third grade yellow corn at the beginning of the week at 2,865.71 RMB/ton, and the average price at the weekend at 2,855.71 RMB/ton, down 0.35%.

In December, the difficulty of corn export in the production area has decreased, the willingness of farmers in the production area to sell grain has increased slightly, and the domestic corn market supply has rebounded slightly. After the corn inventory of deep processing enterprises has been supplemented, the purchase price of corn has been lowered slightly, and the domestic corn market price has risen slightly. The average price on December 9 was 2,855.71 RMB/ton, down 0.50% from the beginning of the month.

Last week, domestic eggs ran at a high level, rising 2.99% within the week. Last week, domestic pig prices fell in shock, falling 1.52% within the week. The price of pigs continued to decline. The profit margin of pig breeding continued to shrink. The enthusiasm of farmers to supplement the fence fell somewhat. The demand for corn feed in the future may slow down.

The analyst of corn products from SunSirs believes that: at present, there are still a lot of grain stocks for sale at the grassroots level, and the difficulty of transportation has decreased. In addition, the number of corn in the production area will gradually increase before the end of the year. At the same time, the domestic pig price will continue to decline, and the demand for corn feed will weaken. The downstream purchase and sales of deep processing will be cautious. Brazil's corn imports will continue to advance, and the overall supply of corn market in the future will show an increasing trend, It is expected that the domestic corn market price will still have some room for decline in the short term.

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