On the 21st, the national average price of corn generally showed a slight upward trend, with some areas experiencing minor fluctuations.

On the 21st, the nationwide average price of corn generally showed a slightly strong trend, with minor fluctuations in some local regions; in areas with greater volatility, prices increased more than they fell overall. In the main domestic producing areas, grassroots grain sources were further depleted; grain-holding traders’ willingness to ship decreased. At the same time, grain-consuming enterprises’ inventories were replenished, while profits continued to shrink. Purchases were mainly demand-driven, and prices fluctuated within a narrow range. With multiple factors offsetting each other, it is expected that during the first half of April, most of the time, corn spot transaction prices in producing areas will most likely follow a trend that is generally stable with a slight tendency toward weakness. In the second half of the month, the downward momentum will gradually slow, and the probability of stopping the fall and turning to a rise will gradually increase. The likelihood that April’s monthly average price will continue to rise month-on-month remains relatively high. Pay attention to the opening price level after the new-season wheat is listed. (Feed Industry Information Network)