On the 23rd, the national average price of corn generally showed a slight upward trend, with some areas experiencing minor fluctuations.

On the 23rd, the national average price of corn generally showed a slight upward trend, with some areas experiencing minor fluctuations, and fewer regions seeing volatility. In major domestic production areas, spring planting has gradually started, and the pace of grain sales at the grassroots level has noticeably slowed down. Inventory levels in trading links remain high, providing a bottom support for corn prices through trading costs, but demand remains weak. Feed enterprises purchase on demand, and there is no effective boost from the demand side. Multiple factors offset and overlap, making it more likely that during the first half of April, the overall spot trading prices of corn in production areas will remain stable or slightly weak. In the second half of the month, the downward trend is gradually slowing, with a gradually increasing chance of stabilization and rebound. The probability of the monthly average price continuing to rise month-on-month in April remains relatively high. Attention should be paid to the opening price level after the new season’s wheat market begins. (Feed Industry Information Network)