On the 27th, the nationwide average price of corn continued to decline overall.

On the 27th, the nationwide average corn price continued to trend downward overall. In some areas, prices consolidated within a narrow range; in regions with volatility, fluctuations increased slightly, but overall there were more declines than gains. With domestic corn prices rising, the cost-performance advantages of alternative products such as imported corn, barley, and sorghum have gradually become more prominent. In addition, imported barley and sorghum will be arriving at ports in sequence, which will increase the supply of alternatives, continuously squeezing the demand space for feed corn and limiting further upward room for corn prices. It is predicted that during most of March, the main likelihood is that corn spot trading prices in production areas will generally remain stable with a slightly stronger undertone. In the second half of the month, the chances of a slowdown in the uptrend, stopping the rise, and turning into pullbacks will gradually increase due to the impact of the pressure from government-rotated wheat sales. The likelihood that the March monthly average price will continue to rise month over month remains relatively high. (Feed Industry Information Network)