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May 9thEarnfreecryptobyplayinggamesThe main contract of corn futures rose slightly by 0.Earnfreecryptobyplayinggames.70%, at 2459.00 yuan. Zhengxin futures believe that the increase in corn is limited, while Donghai futures are expected to maintain a volatile trend.

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[on May 9, the main contract of corn futures rose slightly in trading, reaching as high as 2465 yuan, and finally closed at 2459 yuan, an increase of 0.70%] under the background of market fluctuations, the main contract of corn futures showed a certain upward trend in trading on May 9, with the highest price reaching 2465 yuan. However, by the close, the price of the main contract had retreated slightly to 2459 yuan, an increase of 0.7 per cent. Zhengxin Futures analyzed this and pointed out that although corn prices have risen, the increase may be limited. In terms of demand, as the grain substitution in the feed field still exists, and enterprises adopt the strategy of picking corn at any time, the support to the price is relatively limited. In addition, the stock of forage corn is still low in the same period of history, while the processing enterprises maintain a certain demand, and the inventory of enterprises is relatively high. Donghai Futures also expressed its views on the dynamics of the market, arguing that the pressure on corn surplus grain in North China is significant, coupled with the imminent listing of new wheat in May, the high yield expectation of wheat and the increase in the import of alternative cereals, it has also suppressed corn prices to a certain extent. On the demand side, feed consumption is still weak, while deep processing profits are lost, resulting in a high operating rate. Therefore, Donghai futures forecast that corn prices will maintain a volatile trend. Overall, although the rise in corn spot has led to a small rise in futures prices, the good growth of wheat and the pressure to release the stock before the wheat harvest are still there, which may limit the room for further increase in corn prices. Investors should pay close attention to the market dynamics and carefully evaluate the investment strategy.