Major corn wholesale price in China

The average wholesale price of feed corn in major regions of the country on December 19, 2012 was RMB 2,398/tonne, which can be seen from the figure by 0.02% from the previous week. Among them, the high water content of new corn and the weather in most regions in Northeast China have caused a small amount of new grain to be listed, while downstream traders and feed companies have been cautious in purchasing corn. Progress in the acquisition of State Reserves has been slow, and the volume of purchases is small. The domestic corn market in the near future will remain stable and strong.