On the 26th, the national average price slightly declined, with localized fluctuations and a reduced range of volatility. Main producing areas are experiencing tight grain supplies, the rainy season is affecting new wheat quality and may replace some corn demand, feed demand is relatively weak, inventories are high, and enterprises are cautious in purchasing corn, leading to weaker prices. It is expected that in the first half of May, corn spot prices will mainly fluctuate within a narrow range with stability, and the probability of stopping the decline and turning upward in the second half of the month increases, with the monthly average price still under downward pressure. Attention should be paid to the new season's wheat opening price's impact on corn trends, as well as the supply of sprouted wheat and the game between new season wheat losses.

K-LinePoet

2026-05-27 05:32:20

Abstract generation in progress

On the 26th, the national average price generally trended slightly downward. In areas of volatility, volatility decreased, resulting overall in more declines than rises. The domestic main producing regions have relatively tight supplies of grains in circulation. Rainy weather has intensified concerns about the quality of newly harvested wheat, which may also replace some demand for corn. Market participants are more watch-and-see, feed demand remains on the weak side, and enterprise inventory levels are still at high levels. Grain-using enterprises are relatively cautious in purchasing corn, and prices are running on the weak side. With multiple factors offsetting each other, it is more likely that during the first half of May, most of the time the spot corn trading prices in production areas will remain generally stable with narrow fluctuations, slightly leaning weak. In the second half of the month, the chances of a turnaround—stopping the decline and moving toward a rise—will gradually increase. The likelihood that the monthly average price in May will continue to fall compared with the previous month remains relatively high. Given the impact of the new-season wheat entering the market and exerting downward pressure, watch how the wheat opening price after it is launched affects corn price trends. Also monitor the tug-of-war between the bearish pressure brought by the supply of sprouted wheat and the bullish support brought by losses from the new-season wheat. (China Feed Industry Information Network)

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On the 26th, the national average price of corn generally declined slightly, with some areas continuing to fluctuate.

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