News

Domestic production in China grows, imports of alternative grains increase and corn supply and demand continue to improve

Maize (Corn)
China
Published Jan 12, 2022

Tridge summary

For the domestic corn market, 2021 is an extraordinary year. At the beginning of the year, the relationship between corn supply and demand was tense, and the price fluctuated, which caused great concern. A series of measures such as feed grain reduction and substitution have achieved obvious results. The relationship between corn supply and demand has gradually improved, and the price has gradually returned to a reasonable range. Domestic corn production continues to increase. At the end of 2021, although the price of corn in Northeast China has increased compared with the initial stage of listing, it has not reached the level of farmers. Psychological expectations. Hou Gang, chairman of Yongxin Farmers Professional Cooperative in Tiexi District, Siping City, Jilin Province, told reporters that the cooperative will plant 10,000 mu of corn in 2021, with an output of more than 1,600 catties per mu, which is higher than the previous year. 0.9 yuan per catty rose to 1.01 yuan per catty. "In 2021, the prices of pesticides and chemical fertilizers will rise sharply, and the average cost of growing grain will increase by about 100 yuan per mu, which will basically offset some of the gains brought by the increase in grain prices." Hou Gang said. Currently Although the price of corn is still running at a high level, it has dropped compared with the same period last year. Li Xigui, director of the Grain and Oil Monitoring Department of the National Grain and Oil Information Center, believes that the continuous improvement in the supply and demand relationship is an important reason for the decline in corn prices. From 2020 to 2021, China will implement feed Measures to ensure grain supply and stabilize the market, make overall use of two markets and two resources, enhance the country's macro-control capabilities, and ensure the supply of domestic feed grain markets.

Original content

For the domestic corn market, 2021 is an extraordinary year. At the beginning of the year, the relationship between corn supply and demand was tense, and the price fluctuated, which caused great concern. Subsequently, the state comprehensively used a series of measures such as developing corn production, increasing the import of corn and its substitutes, and promoting the reduction and substitution of feed grains, and achieved remarkable results. Gradually improve, the price gradually returns to a reasonable range. Domestic corn production continues to increase At the end of 2021, although the price of corn in Northeast China has increased compared with the initial stage of listing, it still did not meet the psychological expectations of farmers. Hou Gang, chairman of Yongxin Farmers Professional Cooperative in Tiexi District, Siping City, Jilin Province, told reporters that the cooperative will plant 10,000 mu of corn in 2021. The yield per mu is more than 1,600 catties, which is ...
Source: Agri.cn
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