The article comes from: https://www.feedtrade.com.cn/

After the sharp fall in the corn market from late September to early October, prices have stabilized somewhat, but this stability is still temporary, and the new season of corn in Northeast China is still being harvested, and the decline in corn market prices continues as grain sources are available.

Last year, farmers before the sale of grain income is quite rich, after the sale of grain income was greatly damaged, resulting in this year's planting end before the sale of grain willingness to increase significantly, while the trade end experienced three consecutive years after the loss of grain stockpiling, this year's purchase and sales strategy is more cautious, the year is expected to sell fixed mining, with the main collection, after the low will to build a library is relatively high. Therefore, the supply side is expected to superposition the pressure of selling grain, and the procurement side is behind the demand for building warehouses, which jointly leads to the weak operation of corn prices in the fourth quarter of this year, and the subsequent price is expected to fall below the cost line.

Feed breeding side, the recent pig prices have rebounded slightly, but still in the loss cycle, but the fourth quarter is the peak season for pork consumption, and the pig inventory volume is large, inventory and weight support feed consumption, in the process of corn spot prices are low, demand side enterprises are also waiting for the opportunity to build a library.