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Today, the nationwide average price of corn generally showed a slight upward trend, with some local areas continuing to increase prices.
The overall price of corn nationwide is showing a slight upward trend, with some areas continuing to see price increases. Regions with fluctuations are decreasing, and overall, prices are rising more than falling. In major domestic production areas, residual grain at the grassroots level continues to decline. After the transfer of grain rights, trading entities’ bargaining power has increased. Downstream inventories are relatively low compared to the same period last year. Before the policy grain is further released, the supply and demand situation remains tight, and the spot market continues to operate on the stronger side. It is more likely that during March, the majority of the time, the spot transaction prices in production areas will remain stable with a slight tendency to be stronger. The probability of the monthly average price in March continuing to rise compared to the previous month remains high. (China Feed Industry Information Network)