Mysteel grain market daily: National corn prices remain stubbornly weak

Source: Mysteel Jun 02, 2026 14:07

Yesterday, corn prices in Northeast China remained stable to slightly weaker, with no improvement in sales volume. Corn futures prices rebounded slightly in overnight trading last night, so today's quoted prices at northern ports will be watched closely. At this stage, new-season wheat is entering the market, and feed mills are increasing their usage of wheat, making near-term corn demand somewhat mediocre. Corn is expected to show no immediate sign of improvement and is likely to maintain a stable-to-weak trend in the short term.