According to the monitoring of SunSirs, the domestic corn price fluctuated strongly last week. The average price of the third grade yellow corn at the beginning of the week was 2,781.43 RMB/ ton, and the average price at the weekend was 2,791.43 RMB/ ton, a slight increase of 0.36%.

In the middle of September, the new season corn in the northeast production area has not yet been fully listed, the domestic corn market supply is still relatively tight as a whole, and the marketable surplus grain is becoming less and less. At the same time, supported by the sharp rise in international grain futures prices, the cost of domestic corn arriving at Hong Kong has risen accordingly, and the corn price in the port area has continued to rise, driving the overall stable, small and strong operation of the domestic corn market price.

Last week, the domestic egg level fell back, with a sharp drop of 8.38% during the week, and the pig price rose by 0.65% during the week. In general, the aquaculture market is still at a high level, and the breeding profits are still considerable. The demand for corn feed in the future is expected to continue to rise.

According to SunSirs corn product analysts, the domestic high-quality food sources are becoming less and less, the downstream demand is not decreasing, the cost of imported corn continues to rise, and China domestic corn market price will continue to run strongly before the new season's corn comes into the market in batches.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.