Domestic Corn Market Situation and Prospects in 2024
Since 2024,domestic corn prices show a slight upward and downward trend,the performance of price fluctuation varies at different stages,but the overall price level is lower than that in the same period in 2023.Both buyers and sellers in the market are more enthusiastic about participating than last year,but the demand is still not good,with expected limited growth in total annual consumption.As the autumn harvest approaches,the disaster in some areas has led to a decrease in production,but the impact on total production is limited,the domestic corn harvest is in sight,and the supply is relatively sufficient.Driven by holiday consumption,consumption of feed,corn starch,alcohol,etc.will increase.However,due to sufficient supply of raw materials,it is expected that domestic corn prices will remain stable and weak in the later period.
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