The overall national average price of corn has slightly declined, with some areas experiencing minor fluctuations.

On the 20th, the overall average price of corn nationwide slightly declined, with some areas experiencing minor fluctuations; regions with volatility decreased, with more declines than rises. Major domestic producing regions showed increased willingness among grain holders to sell, but the sentiment of bullishness and reluctance to sell still persists. Market circulation of grain sources is limited, alternative grain supplies have increased, downstream enterprises’ inventories have risen somewhat, and some companies have tentatively pressed prices downward. It is predicted that during March, the majority of the time, the spot transaction prices of corn in producing areas will mainly remain stable with a slight tendency to be stronger. The likelihood of the monthly average price in March continuing to rise month-on-month remains relatively high. (China Feed Industry Information Network)

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