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Today, the nationwide average price of corn shows a slight overall decline.
On the 17th, the national average price showed a slight downward trend overall, with local areas experiencing mixed increases and decreases, and the number of fluctuating regions decreasing, resulting in more declines than increases overall. After the domestic temperature rises, the risk of storing moist grains is also increasing, and the sales progress is accelerating in stages. The circulation of spot corn has significantly increased, leading to localized price corrections. However, high-quality grain sources are relatively tight, and the China National Grain Reserves Corporation is increasing purchases. Geopolitical conflicts are driving up logistics costs, leaving little room for significant price declines. It is anticipated that during March, the likelihood of spot corn trading prices in production areas maintaining a generally stable yet slightly strong trend is greater. The probability of the monthly average price in March continuing to rise compared to the previous month remains high. (China Feed Industry Information Network)