October 24, 2005

 

China Corn Monthly - Sep 2005

 

An eFeedLink special report                                                                 

                

 

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Below is an abstract of the report:

 

Prices higher in September amid supply shortfall

 

Corn prices in China edged higher in September consequent of a temporary supply gap. Although increasing stocks of newly harvested corn from the Yellow/Huai River production regions have entered the market, most are high in water content. Prices are expected to remain stable in October.

 

This 3-page report includes: 

 

Price Summary

 

Market Analysis     

 

1.         Rainy weather affecting corn harvest

 

2.         Corn prices driven up by rising demand

 

3.         Old corn stock auctions had limited impact on prices

 

4.         Rail carriages in short supply

 

5.         Significant rise in China's corn exports

 

Market Forecast