According to the latest data, the mainstream entry price of clean grain of wheat flour processing enterprises in Shandong market is 1.38- 1.45 yuan/kg; The mainstream purchase price of enterprises in Henan market is1.41-1.445 yuan/kg; The mainstream purchase price of enterprises in Hebei market 1.42- 1.48 yuan/kg; The mainstream purchase price of Pumai clean grain of flour processing enterprises in northern Anhui 1.4 1- 1.42 yuan/kg; The mainstream purchase price of Pumai clean grain for enterprises in Jiangsu market 1.42- 1.44 yuan/kg.
However, judging from the current market situation, with this wave of strong decline, the mentality of all parties in the market tends to be cautious. In addition to the major banks' repayment of loans, third-party funds also began to take bags as collateral, requiring traders to sell grain to realize it.
Just today, some domestic industry media said that a big boss stored 1.5 million tons of wheat, sold it at 1.39 yuan/kg, and then jumped out of the grain depot. The last time I heard similar news was in 2008, when the domestic edible oil price soared and plummeted, rising to 14500 at the highest, and falling to 8900 a week when it fell back.
Now, we used to think that all big enterprises were oil bosses, but now even the most stable wheat market has become unpredictable.
In addition, compared with last year's market, due to the sharp increase in wheat prices after the Spring Festival last year, major grain depots have also purchased the new season wheat in advance while rotating the wheat. But so far this year, there are not many enterprises that have carried out the rotation acquisition.
Comparatively speaking, the rice market is still the most stable in China. According to market monitoring, the national rice market price this year is early rice 1.26 yuan/kg, mid-late indica rice 1.29 yuan/kg, japonica rice 1.3 1 yuan, which is about 40% higher than the national market price in 2004.
According to more information we collected, a large amount of wheat was used for feed substitution in 20021year, which triggered the soaring market of wheat last year, and the directional auction of rice was also started last year, which may bring support to the rice market in the future. However, the recent corn market is also waiting for the market.
It is reported that with the sharp drop in wheat prices this week, the number of delivery vehicles in front of enterprises in Shandong, a major corn consumption province, has increased significantly again. According to the monitoring data from the industry, there are 1449 corn deep processing enterprises in Shandong today, an increase of 395 vehicles compared with yesterday. The increase of grain transport vehicles also continues to give enterprises confidence in reducing prices.
At present, the overall purchase price of corn in this area has been below 1.4 yuan. In the northeast, the purchase price of tidal grain in COFCO Gongzhuling today was further lowered to 2650 yuan/ton.
From the perspective of the international market, the US Department of Agriculture released the latest planting intention report on Friday. According to the report, under the support of current food prices, it is expected that the planting area of wheat, corn and soybeans in the United States will be higher this year than last year. Among them, the planting intention of wheat and corn was higher than expected, and soybean was lower than expected, which also led to the higher soybean futures price in Chicago that day, while corn showed a trend of near strength and far weakness.