Corn prices likely to remain stable into new year
Over the past month corn prices in China have remained generally steady without much action in the market. The May Dalian corn futures ended November at 2,680 yuan/ton and closed at just 2,664 yuan/ton on Wednesday, down 0.6% percent.
The cash markets have been similarly quiet. Cash prices in northern grain ports of Jinzhou and Bayuquan have remained steady or drop by only 10 yuan/ton on the day. Southern ports in Guangdong have seen more movemen...