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Recent domestic feed raw material price trend analysis

Corn prices continue to adjust. At present, the rhythm of grain sales in the main producing areas is gradually stable, traders hoarding grain cost is high on the price reduction is more resistant, processing enterprises procurement mentality is loose, market purchases and sales tend to be stable. In June, corn stocks in major domestic producing areas will continue to decline, and the main grain sources will be further transferred to traders' warehouses. Demand-side farming market consumption will grow further, traders bullish sentiment is still strong, the willingness to stand price is still strong. According to analysis: in June, the corn market will continue to be in a state of overall balance between supply and demand, and the demand for guaranteed supply will continue to grow slowly. The supply and demand market still lacks the power to promote the sharp and rapid rise of the market. It is predicted that most of the time in June, corn prices will continue to rise slowly, and the possibility of short-term correction in local markets still exists. The probability of monthly average prices in major producing areas continuing to rise slightly from the previous month is still higher.

2022

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