The U.S. dollar continues to rise and it is even advisable to wait and see corn temporarily.

【External disk review】

Corn futures on the Chicago Board of Trade futures on the 18th continued to rise under the impetus of a possible reduction in annual supply in the United States. In March, the main contract opened at 647.2 cents per bushel, closing at 659.4 cents per bushel, up 10.6 cents per bushel. Volume of 151,000 hands, an increase of 07,800 hands over the previous trading day, holdings of 679,000 hands, a decrease of 0.46 million more than the previous trading day.

[Basic situation]

On January 18, at the national temporary storage (including central reserve) corn auction sales held in Anhui grain wholesale trade market and its networking market, it plans to sell 227,897 tons of temporary storage (including central reserve) of corn, with an actual turnover of 24,473 tons. The rate of 10.74%, the average transaction price of 1564 yuan / ton.

[spot situation]

The price of corn throughout the country was basically stable yesterday, and the price of secondary corn was stable at 1860-2180 yuan/ton.

Institutional positions

Yesterday there was a big difference in institutions, and the warehouse receipts increased or decreased.

[Inside disk analysis]

Yesterday even the main contract of corn 1109 main shocks in early trading, after a sudden sharp increase in strength in the afternoon. The highest 2376 yuan / ton, the lowest 2338 yuan / ton. Rising 30 yuan / ton, double the increase in positions, substantially yang. Even the sudden rise of corn in the afternoon yesterday is reportedly related to the storage of grain in the northeast China. The most widely-accepted version is the purchase price of 0.89 yuan/kg in Heilongjiang, 0.90 yuan/kg in Jilin, and 0.91 yuan/kg in Liaoning, with additional subsidies per ton. 50 yuan, if it is true, the price of China's grain reserves is slightly lower than the current market purchase prices of the Northeast provinces, so the acquisition price competitiveness is not great, but will undoubtedly become the guaranteed price of corn acquisition. Although in the long term, the trend of corn slow cattle has not changed, the price center of gravity may gradually move up, but in the short term, whether the storage and storage of Chinese grain reserves can be started in the true sense is still hard to say. Investors should not be blindly chasing more, and they need to guard against the risk of a sharp decline.