玉米：盘面承压

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core View - The corn market is under pressure on the futures market, with a neutral trend strength [1][4]. 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - Spot Prices: The purchase price in Northeast China is not available, the Jinzhou平仓 price is 2,320 yuan/ton, the average purchase price in North China is not available, and the price in Guangdong Shekou is 2,390 yuan/ton. The price of Shandong corn starch is 2,840 yuan/ton [1]. - Futures Prices: The closing price of C2509 yesterday was 2,255 yuan/ton, down 0.49%, and the overnight closing price was 2,262 yuan/ton, up 0.31%. The closing price of C2511 yesterday was 2,199 yuan/ton, down 0.68%, and the overnight closing price was 2,203 yuan/ton, up 0.18% [1]. - Trading Volume and Open Interest: The trading volume of C2509 yesterday was 338,463 lots, a decrease of 26,786 lots, and the open interest was 659,407 lots, a decrease of 25,646 lots. The trading volume of C2511 yesterday was 167,935 lots, an increase of 22,438 lots, and the open interest was 592,103 lots, an increase of 18,913 lots. The total trading volume of the corn market was 612,883 lots, an increase of 2,845 lots, and the total open interest was 1,711,288 lots, an increase of 18,659 lots [1]. - Warehouse Receipts: The total number of corn warehouse receipts in the market yesterday was 144,037 lots, a decrease of 1,758 lots [1]. - Spreads: The basis of the main contract 09 was 65 yuan/ton, and the 09 - 11 inter - period spread was 56 yuan/ton [1]. 3.2 Macro and Industry News - Corn Prices: The northern corn collection port price is 2,260 - 2,280 yuan/ton (listed), the container collection port price is 2,330 - 2,350 yuan/ton, and the prices are flat compared to yesterday. The price of bulk ships in Guangdong Shekou is 2,370 - 2,390 yuan/ton, and the container price is 2,460 - 2,490 yuan/ton, also flat compared to yesterday. The corn prices in Northeast enterprises slightly decreased, and the prices in North China showed mixed trends [2]. - Substitute Grain Prices: The price of Argentine sorghum (bulk) in Guangdong for September - October shipment is 2,120 yuan/ton, the price of Australian sorghum for September shipment is 2,430 yuan/ton. The pre - sale price of imported barley for October - November shipment is 2,100 - 2,150 yuan/ton, and for December - January shipment is 2,040 - 2,090 yuan/ton. The price of feed wheat for August delivery is 2,560 yuan/ton [2]. 3.3 Trend Strength - The trend strength of corn is 0, indicating a neutral trend [4].