新粮上市之际玉米价格“逆势”上涨的背后：市场表现“冷热不均” 后期或存回调可能

Core Viewpoint - The corn spot prices are showing strong performance due to factors such as farmers' reluctance to sell, rising futures prices, and rigid demand, although there are regional disparities in market performance [1][3]. Group 1: Price Trends - As of December 5, the national average corn price reached 2235.64 yuan/ton, reflecting a month-on-month increase of 4.14% and a year-on-year increase of 9.06% [1]. - The corn futures market has been strong, contributing to bullish market sentiment, with the main contract rising by 7.19% compared to a 4.20% increase in spot prices from November 3 to December 5 [1]. Group 2: Regional Market Performance - There is a noticeable disparity in price increases across different regions, with the Northeast showing a more significant rise in corn prices compared to the relatively stable prices in North China [3]. Group 3: Industry Challenges - Despite rising corn prices, the terminal breeding sector is facing ongoing losses, with average profits for self-bred and self-raised pigs reported at -227.18 yuan/head, a decrease of 14.20 yuan/head week-on-week [5]. - The continuous rise in corn prices is expected to exert pressure on feed prices, further impacting the breeding sector, which has been in a loss position since mid-September [5]. - The market is anticipated to cool down, with potential price corrections expected in mid-December, possibly bringing the national average price below 2220 yuan/ton in the coming month [5].