It is reported that with the expected interruption of the supply system in the Black Sea, the previously soaring wheat price began to fluctuate and adjust, and the international wheat trade channels also showed rapid adjustment, including some wheat importing countries that traditionally relied on Ukraine and Russia began to turn to the United States. Although the transportation time will be longer, the supply problem will be alleviated.
Southeast Asian buyers have increased their purchases of wheat from Australia and India.
In addition, Spain and other countries are also urging the EU to relax the quarantine requirements for grain imports from Argentina and other countries, which is an important part of reshaping the global wheat trade system.
According to the latest market feedback, the sharp increase in wheat exports from Australia and India offset the impact of the downward adjustment of some Black Sea exports.
The latest report of USDA also raised the data of American wheat export, which means that the United States will abandon the previous downward trend of export and increase the export of wheat and other grains.
Judging from the current international procurement, American private exporters reported on Wednesday that they sold 20,000 tons of soybean oil to unknown destinations and 65,438+10,000 tons of corn to Colombia.
However, Japan's Ministry of Agriculture, Forestry and Fisheries, after the last wheat tender failed to win the bid, again invited tenders to purchase 80,000 tons of feed wheat and 654.38+10,000 tons of feed barley this week.
Nevertheless, from a global perspective, some countries have adopted a series of restrictions on grain exports because the current wheat price is still at a high level.
Among them, due to local conditions, Ukraine has banned the export of cereals and other products, including wheat, oats, millet, buckwheat, sugar, salt and meat. In response to rising prices, Serbia will also ban the export of wheat, corn, flour and edible oil from Thursday, while Hungary banned the export of all grains last week.
Argentina and Turkey have also taken measures to strengthen the control of local products. Even Moldova, which has only a small amount of exports, has announced that it will urgently stop exporting wheat, corn and sugar this month.
Bulgaria, another major exporter of agricultural products in Europe, also promised to conduct export control during talks with domestic grain merchants on the 4 th, giving priority to ensuring domestic supply.
Indonesia, which has a great influence on the global edible oil price, recently announced that it will increase the export control of palm oil domestic trade from 20% to 30%.
It is reported that due to the tight supply of edible oil, there has been a panic buying phenomenon in Turkey. The price of sunflower seed oil in Istanbul rose by 35%, and the latest price of 5 liter small package edible oil rose to 14 USD.
According to the analysis, the emergence of "food protectionism" in some countries may bring more negative impacts on global food trade and increase the upward pressure on food prices.
In the domestic market, it shows a different trend from the international market.
Different from international wheat prices, domestic wheat prices have once again set off an upward trend in the past two days.
The latest news shows that the price of Sifeng Pumai in Henan today is 1.64 yuan, up by 2 points; Jiangsu Huasheng flour increased 1 min; Shandong Fada Flour Factory No.1 1.60 yuan/kg, up 2 points; Leling Luqing Pumai 1.59 yuan/kg, up 1 point; Hebei Shenzhou Li Sheng 1.6 yuan/kg, up 2 points; White elephant Wudeli Pumai 1.62 yuan/kg, down 2 points.
Judging from the supply situation of domestic wheat in recent days, under the background of increasing imports of corn and its substitutes, wheat imports have not increased significantly. Of course, the market is more interested in the output of winter wheat this year.
It is reported that the Ministry of Finance and the Ministry of Agriculture and Rural Affairs have allocated 654.38+0.6 billion yuan for agricultural production and water conservancy and disaster relief, focusing on supporting wheat production in major producing areas.
At the same time, the country has not increased the amount of wheat put into the national reserve at present, which also shows its intention to regulate the later market.
In the corn market, on the one hand, the import has increased obviously in recent days, on the other hand, under the pressure of the relevant state departments to regulate by name, the downward pressure is huge, on the other hand, the directional auction of expired temporary storage rice has been restarted.
According to the news from the front line of the market, on March 10, about100000 tons of overdue rice were put into the national directional auction, including 640000 tons in Heilongjiang, 0/80000 tons in Anhui, 0/0 tons in Hubei and 78000 tons in Hunan.
The starting price of this auction is 1500 yuan/ton.
The highest price of this transaction is 1540 yuan/ton, the average price is about 1538 yuan/ton, and the turnover rate is 100%.
These rice will effectively enter the field of feed culture, thus reducing the possible supply pressure of corn.
Affected by this, domestic corn prices continue to fall on a large scale today.
In other respects, in view of the current expansion of China's aquaculture industry, "architectural" pig raising has appeared in various places. Some representatives suggested standardizing pig-raising procedures in buildings and adjusting the quota of imported corn.
The data shows that at present, China's corn imports are subject to tariff quota management system, of which 60% are state-owned trade quotas, and private enterprises need to buy imported corn from state-owned trading enterprises at high prices.
At the same time, according to the feed processing capacity, most of the feed distributed to private enterprises is distributed to large feed enterprises, and finally the feed is sold to aquaculture enterprises at market prices.