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Will wheat go up or down in the future?
Whether wheat will rise or fall in the future depends on the market supply. From the analysis of the situation in August, because the school is still on holiday and the weather is hot, the demand for flour is still in the off-season, which leads to the lack of strong demand for wheat procurement by enterprises, or that they will not purchase wheat in large quantities. Therefore, it is expected that during August, wheat prices will not have a particularly large room for increase. After entering September, the market demand for flour is increasing. On the one hand, the school starts; On the other hand, the Mid-Autumn Festival and National Day are approaching, and flour enterprises will increase their wheat purchases. It is expected that there is still some room for growth. As for the trend of wheat price after 10, according to the analysis of previous years' experience, it is expected that the increase will be greater than the decrease. Winter is the peak season of flour demand, especially near the Spring Festival, the price will be higher.