According to the monitoring of SunSirs, the domestic corn price fluctuated weakly last week. The average price of yellow corn of the third grade at the beginning of the week was 2,845.71 RMB/ton, and the average price at the weekend was 2,834.29 RMB/ton, down 0.40% within the week.

In late December, with the gradual recovery of the corn market in the northeast production area, the domestic corn market supply continued to increase. After the port and downstream deep processing enterprises' corn stocks were supplemented to a certain extent, they reduced the corn purchase price one after another. In addition, the cost of imported corn continued to fall back, and the domestic corn market price continued to fluctuate and slightly adjusted.

Last week, the domestic egg price continued to fall back, falling 5.34% within the week, the pig price fell significantly, falling 10.10% within the week. The breeding industry market has cooled down in an all-round way, and the breeding profit space has shrunk significantly. The farmers will be more careful to supplement the column. The weakening of the breeding industry market will, to a certain extent, suppress the demand for corn feed in the future market, and the overall demand for corn feed in the future market will be mainly just in demand.

SunSirs corn analyst  believes that as the Spring Festival approaches, the grain farmers' intention to realize their grain sales increases, the price of imported corn continues to fall, the domestic corn market supply continues to rise, the aquaculture market continues to decline, the downstream feed demand has a strong wait-and-see attitude, and it is expected that in the short term, China domestic corn market price will continue to operate mainly stably, moderately and weakly under the suppression of many negative conditions.

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