1, futures positioning of hard winter white wheat
The delivery standard of hard winter white wheat futures contract in Zhengzhou Commodity Exchange is GB1351-1999 secondary hard winter white wheat. Wheat is divided into nine categories according to national standards, and hard winter white wheat is one of them.
2. Futures positioning of high-quality strong gluten wheat.
The first-class products of high-quality strong gluten wheat futures can be in line with Canadian wheat, which shows that the consistency of internal quality of each batch of wheat in China is not as good as that of imported wheat, and the second-class products are slightly worse. The quality of American wheat is inferior to that of American wheat.
Reasons for the increase in wheat prices:
1, most enterprises in the production area stopped collecting, and the overall situation of the acquisition of Xinmaituo City has been decided.
2. Consumer demand has gradually picked up, and wheat auction transactions have become active.
3. Traders hold a wait-and-see attitude, and the procurement of reserve processing enterprises is enhanced.
4. There is bullish expectation in the market, and it is expected that wheat will remain strong steadily.
5. Abundant supply and weak demand, the United States and wheat hit a new low.
Wheat quality not only varies with varieties, environment and ecological conditions, but also is closely related to cultivation measures. A large number of production practices have proved that under the same variety and the same environmental conditions, due to different cultivation management, the quality of wheat varies greatly, and some of them are even difficult to meet the processing quality requirements. Therefore, while vigorously promoting high-quality special wheat, the cultivation techniques should also be adjusted accordingly.
Reference to the above content: Baidu Encyclopedia-Wheat