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China's feed demand is forecast to recover slightly in 2024-25, reaching 286.5 million tonnes from 284.7 million. Corn use is expected to rise to 235 million tonnes as cheap corn replaces wheat and old-stock rice.
Imports are estimated at 20 million tonnes, 1 million below the September estimate.
Cheaper corn is pulling more feed and processing demand into the market, which supports corn use even though China is producing more of its own grain. Lower import needs cap the upside for overseas supplies.
meatpoultry.comSusan Reidy2024年10月9日在过去 1,040 次看涨的报告事件之后，玉米 在 5 个交易日内中位数变动 +0.5%（62% 上涨；中间一半区间为 -0.9% 至 +2.0%），20 个交易日内为 +0.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
