65438+ 10 Can the price of corn increase in 2024?

In June 2024, 5438+1 October1corn market ushered in a comprehensive rebound, and the price rose steadily. It is expected that the corn price will increase in June 5438+ 10.

On June 65438+1October 1 1 day, China National Grain Storage Corporation issued a heavy announcement to increase the purchasing and storage scale of domestic corn in major corn producing areas such as Northeast China. This news undoubtedly fueled the corn market and immediately triggered a warm response from the market. Corn futures prices rose in response, and the rise was extremely fierce.

However, just after the announcement of purchasing and storage, the price of corn futures was pulled back to the market seven days ago in just three minutes. The influence of news is direct, and the influence of technology is shown through the price trend. For investors, we should not only pay attention to the changes in news, but also learn to analyze market trends through technical aspects, so as to better grasp investment opportunities.

Beware of price

In this confrontation, Shandong Zhucheng Xingmao, Yishui Dida, Rong Hai Grain, Linqing Deneng Golden Corn, Shouguang Juneng Golden Corn, Weifang Shengtai Pharmaceutical and other enterprises frequently suffered price declines. Deep processing won with the "dragon-killing kitchen knife", which immersed the whole market in celebration, but the continuous price drop made people feel scared and even began to doubt whether the peak of grain sales was coming.

At the same time, different news came from the northeast market, but it was full of excited voices. Every year, the corn market has its own uniqueness, and the changes in the market may also make the old thinking plan obsolete. Therefore, for grain farmers, not only lifelong learning is needed, but also vigilance is needed, which is not affected by market sentiment.