Due to the gradual decline in the price of wheat, the mood of grass-roots growers to sell grain has weakened, and a few tidal grains still show high volume. However, it is increasingly difficult for traders to purchase low-priced grain sources, the number of vehicles queuing in flour mills is gradually decreasing, the decline in wheat prices is slowing down, and the market is entering a sideways consolidation stage! Traders also have a certain bargain-hunting mood, and flour mills have raised prices! Recently, the phenomenon of compensatory growth of developed flour in Shandong Province has increased, with an increase of about 60~80 yuan/ton!
It is understood that recently, all the 234,800 tons of new grain wheat purchased by Beijing local grain depot were sold, and the transaction price remained at 3,200 ~ 3,260 yuan/ton, with an average price of 3,234 yuan/ton. The average transaction price of wheat is "1.6+ yuan". Although it is only the transaction price of individual grain depots, it greatly boosted the confidence of the market!
Recently, many developed flour mills in Shandong have increased their prices by 60~80 yuan/ton. Although the price increase is more eye-catching, it is also a return to the market average. But it also means that in this round of supply-demand game, grain enterprises will not be able to support the price reduction, and grain enterprises will gradually recognize the current market price of wheat about 1.53 ~ 1.56 yuan/kg!
However, due to the fact that grain enterprises are still in the off-season, the arrival of dog days, the precipitation in many places in the north and south has increased, the enthusiasm of terminal traders to replenish stocks is insufficient, the delivery of flour is still in the off-season, and the domestic grass-roots grain sources are still sufficient. Although the purchase price of new wheat in Beijing Grain Depot was "1.6+ yuan", Tianjin Grain Depot bought new wheat earlier, which was 65438+100000 tons, and the reserve price was 365440. There is a certain blind bullish sentiment in the market, reminding everyone to be cautious. After all, the fundamentals of the current wheat market are difficult to support the sharp rise in wheat prices, and the market will still have a sideways stage!
Now that the price of wheat has gradually stopped falling, the corn market has fallen into the "abyss"! In July, with the increase of machine maintenance in the middle stage of corn deep processing, the operating rate of enterprises decreased and the enthusiasm of corn procurement weakened. However, in the rainy season, the corn that traders in North China, Huanghuai, Northeast China and other places are not easy to store has increased against the trend, and enterprises have purchased on demand, and prices have continued to fall!
The sudden drop in the price of futures corn also cast a "shadow" on the market. It is understood that a few days ago, the contract price of domestic main corn 2209 once fell below 2,600 yuan/ton, hitting a low of 2,597 yuan/ton, which is also the low value since this year. Since the end of June, the price of corn futures has dropped as high as 323 yuan/ton, which further has a negative impact on the spot market!
At present, although the inventory of deep processing enterprises continues to be consumed, due to the low operating rate of enterprises and strong wait-and-see mood, some downstream products of deep processing enterprises are not smooth at this stage, and there are many inventories, so enterprises have the pressure to go to inventory. Therefore, the willingness to replenish corn stocks is not high, and feed enterprises are still mainly purchasing low-priced rice, which overlaps with each other. When the rainy season comes, the market circulation is mostly wet or wet corn, and the quality of corn is biased, and enterprises also lack the enthusiasm to stock up!
Therefore, based on the current market supply and marketing restrictions, corn prices will still be at the bottom of the sideways. However, due to the continuous consumption of enterprise inventory and the strong sentiment of traders on hoarding high-quality corn, grass-roots grain sales activities have ended. With the mid-year overhaul of enterprises coming to an end, the operating rate of factories has increased, and the performance of corn inventory shortage in enterprises will gradually appear, and the center of gravity of corn prices will continue to move up. However, it has been less than two months since the new season of corn came on the market. The window period for traders to ship goods has also been gradually shortened. Personally, it is difficult for corn prices to rise sharply. From August to September, the corn price center of gravity will hover around 1.55 yuan/kg!
1.6+ yuan! How do you think that wheat is put into storage at a high price, but corn has fallen into the abyss? The above is the author's personal opinion, and the pictures are from the Internet!
# Corn price #