The overall average price of corn nationwide is showing a slight upward trend, with some areas continuing to consolidate.

The overall national average price shows a slight upward trend, with some areas continuing to consolidate, and volatile regions experiencing a slight decrease, with more rises than falls overall. As the weather warms domestically and planting farmers’ spring plowing demand increases, residual grain at the grassroots level continues to be released, and grain sources have shifted to the trading sector. Supported by procurement costs, trading entities are strongly willing to maintain prices. Downstream enterprises’ inventories are relatively low year-on-year, maintaining just-in-time purchases. Prices continue to fluctuate at high levels, and the probability that the monthly average price of corn in production areas in April will stop rising and turn to falling is relatively high. (China Feed Industry Information Network)