In May 1 week, the national average price of piglets was 29.4 1 yuan/kg, up 5.3% from the previous week and down 63.6% year-on-year. 492 million mu of grain was sown in spring nationwide, and more than half of the scheduled area was completed. The progress of corn sowing in the national corn production advantage areas such as Northeast China was faster than that of the same period last year; Shandong Animal Husbandry and Veterinary Bureau predicts that the total slaughter will be reduced in May, and the market supply may be tight in the later period. As the Dragon Boat Festival approaches, the pig price will be pushed up again. The supply pressure of live pigs in the industry is still significant, and uncertainties still exist.
In May this year, the USDA report announced that CBOT wheat futures soared to a two-month high.
According to a report released by the U.S. Department of Agriculture (USDA) on Thursday, the U.S. soybean harvest will hit a record for the second year in a row, but supply will remain tight due to soaring demand.
In the coming year, the supply of wheat and corn in the United States is expected to decline, further tightening global supply. The shortage of production and Russia's military action against Ukraine have caused the global food supply to be tight.
After the USDA report was released, CBOT wheat futures soared to a two-month high, and CBOT corn and soybean futures also hit intraday highs.
Domestic: New wheat is listed one after another, and the price of new wheat may show a weak adjustment trend in the short term.
However, the current corn price has certain support for new wheat.
The estimate of the decline is limited.
At present, the purchase price of Hubei new wheat is around 1.5 yuan/kg.
In the later market, it is necessary to collect whether the weather will affect the quality and yield of wheat.