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On the 12th, the average wholesale price of feed corn in major regions of the country was RMB 2,397/ton, up 0.08% from the previous week.
As the reduction of snowfall in Northeast China has stimulated some traders to increase their purchasing power, the northern port corn purchase volume has steadily climbed, downstream feed consumption is expected to pick up further, and some starch companies have turned profitable, and the corn market is positive. The domestic corn market will remain strong.