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Wednesday, October 08, 2014
He Jun:A New-round of Potential Cyclical Variation on International Grain Market
ANBOUND

The market has attached close attention to the bumper harvest of US agricultural products. The corn price has dropped to about $3.25. However, the international corn price has fallen down by 2/3 so far this season. ANBOUND senior researcher He Jun states that such a large-scale price falling is enough for a new-round of cyclical variation on international grain market. Huge as the biggest grain importing country (including corns and beans), China will face great impact on the domestic grain price.

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