After the domestic wheat price reached an all-time high, and the highest approached 1.7 yuan/kg, the domestic wheat price suddenly dropped sharply today, with the highest drop exceeding 0. 1 yuan/kg.
Take Wudeli, the largest flour processing enterprise group in China, as an example. Today, the price of Suiping Wudeli was reduced by 0. 1 yuan. At present, the latest wheat purchase price is 1.455 yuan/kg. Yucheng Wudeli 1.50 yuan/kg, down 9 points; Shenzhou Wudeli 1.5 yuan/kg, down 8.5 points; Zhoukou Wudeli 1.455 yuan/kg, down 1 1.5 points.
Other well-known flour enterprises, such as Jinsha River and Keming Flour Industry, also have a downward adjustment range of 0.05-0. 1 yuan. After this huge adjustment, the price of wheat in the main producing areas has completely fallen to around 1.5 yuan, and some areas have fallen into the range of 1.4 yuan.
In particular, China's China Banking and Insurance Regulatory Commission officially issued a notice today, demanding that food security and financial investment in rural industries be given priority. This shows that the macro-control of domestic policies on the grain market has begun to be strengthened in an all-round way under the background of the current changes in global grain supply.
Another source said that when wheat rose sharply, the sales of flour in various places declined. Coupled with the current epidemic prevention and control, the sales pressure of wheat processing enterprises also puts pressure on market prices.
Meanwhile, today's corn market is relatively stable.
In order to ensure the smooth spring sowing this year, in Jilin area, where the epidemic situation is serious, the farmers and peasants who can't return home due to epidemic control will be given the responsibility of helping and guaranteeing, and village cadres will be sent to pair up to guarantee and encourage the development of production custody services.
For the global grain market affected by the current epidemic situation, the situation in Russia and Ukraine, inflation and other multiple factors, the analysis from Cargill, a multinational grain merchant, believes that the Russian-Ukrainian crisis will have a far-reaching impact on the global supply chain, and the sanctions imposed by Europe and the United States on Russia will lead to the continued decline in the prices of commodities such as wheat and crude oil.
According to the news collected from the market, with the gradual compression of Russian economic space by western countries, agricultural resources such as grain are facing potential supply pressure.
According to the latest news, members of the Eurasian Economic Union, including Russia, are planning to implement a unified export quota for cereals, sunflower oil and sugar, involving wheat and wheat, barley, corn, sunflower oil and sugar.
It is reported that Kazakhstan has decided to implement quota management on the export of wheat and wheat flour from April 15.
In addition, Russia's fertilizer export quota policy will be implemented until next spring.
At present, the market is concerned about how long Russia's advantages in energy, minerals and agricultural resources can last in this wave of non-economic confrontation.
Because there are also data showing that under the rigid support of demand, Russia's grain exports increased significantly year-on-year in March, of which Egypt imported 480,000 tons of wheat from Russia in March, a year-on-year increase of 24%; Wheat imported from Ukraine was 6.5438+0.2 million tons, down 42% year-on-year.
Lebanon and Ukraine's wheat exports are blocked, so it is impossible to buy cheap grain sources, and they are in bankruptcy crisis.
According to the monitoring of the international market, the price of Russian wheat is the lowest in the world. At present, the price is around 370 dollars, while the price of American and French wheat with the same quality is as high as more than 420 dollars. Even if the price of Argentine wheat is farther away, it is close to 400 dollars.
In addition, in this round of global grain trade pattern adjustment, India's export market has gained great benefits.
Take wheat as an example. Up to now, Indian wheat exports have increased by 273% year-on-year, mainly exported to Southeast Asia and the Middle East, including South Korea, Qatar, the Philippines and the United Arab Emirates.
Especially in South Korea, from mid-March to the first week of April, the wheat transported from India to South Korea reached 270,000 tons.
In addition, news from the market said that it was rumored that Korean buyers bought a batch of Argentine corn last week, and the price was 50-55 cents higher than the July corn futures contract of the Chicago Board of Trade, reaching 380 US dollars per ton, which was basically the same as the price of Indian wheat.
In general, India's wheat is of high price and low quality, but in the current situation, it has also become the first choice target for wheat importing countries.
The current situation not only has a great impact on some food importing countries, especially countries in Africa and the Middle East, but also puts pressure on the local supply in the EU.
It is reported that due to the unavailability of Ukrainian corn, including genetically modified corn from the United States and Argentina, the EU aquaculture industry has turned to genetically modified feed.