In fact, there is good news worthy of farmers' happiness, that is, food prices have ushered in a "collective decline", especially corn and soybean meal, with a large decline. So, what's going on?
0 1, corn fell
In March, the corn market was very hot. Affected by the international market, its price ushered in a wave of rise.
Coupled with the arrival of the mask problem, the market is not big, the inventory of enterprises is weak, and they can only be forced to buy corn at a high price.
However, due to the continuous rise of feed prices, feed products have also been resisted by farmers; The demand for deep-processed products is also unsatisfactory, and the cargo volume of the terminal is sluggish.
As a result, the operating rate of enterprises has also ushered in a wave of decline, and the inventory pressure has gradually decreased, reducing the purchase of corn.
From the Shandong market, Leling Zhonggu fell by 0.5 points, and the price was 1.4 yuan/kg; Shouguang gold corn fell by 0.5 points, and the price was 1.445 yuan/kg; Zouping Ronghai fell 1 point, quoted 1.46 yuan/kg; Seven-star lemon dropped 0.5 point, and the price was 1.48 yuan/kg.
In addition, North China is not satisfactory. For example, Guangyu starch fell by 0.3 points, and the price was 1.424 yuan/kg; Hebei Derui fell 0.5 point, and the price was 1.395 yuan/kg.
Due to the unsatisfactory market situation, the arrival volume of Shandong factory is only 280 vehicles. According to the past, the arrival of 280 cars is too small, and corn will be more exciting. On the contrary, companies are now cutting prices one after another, which is enough to see how bad the terminal demand is.
The market in Northeast China is generally stable, mainly due to the difficulty of grass-roots supply. However, Shenzhen enterprises have little inventory, but the demand is weak, which makes the overall corn market stable today.
As the temperature rises, farmers in Northeast China will continue to speed up listing. It is expected that after the traffic is restored, a group of farmers will sell off, which is naturally not conducive to the corn market.
Coupled with weak feed demand, it is not conducive to the rise of corn market.
Of course, the corn market is also supported now, that is, the import cost is relatively high.
However, with the continuous auction in old rice, this positive factor has also been offset.
In short, corn will continue to be weak and volatile, and it is difficult to go higher in the short term. It is obviously difficult to completely break through the 1.5 yuan pass.
02, the wheat accelerated to fall.
The price of wheat has gone up by a large margin this year. In previous years, the price of wheat was only 1.25- 1.3 yuan/kg, but since the second half of last year, the price of wheat has risen to a new high of 1.4 yuan. I thought it was a record price, but I didn't expect it to rise to 1.6- 1.7 yuan from late February.
However, with the obvious increase in the price of terminal flour, the overall price of 25 kilograms of flour rose by 20 yuan, which made people's willingness to buy decline, and downstream traders were unwilling to increase the replenishment efforts, which made the inventory digestion of flour enterprises slow.
To this end, the operating rate of flour enterprises has also begun to decline, coupled with the recent temporary storage auction, which has also led to the decline in wheat prices.
Judging from today's quotation, the developed areas in the east fell by 1.5 points, and the quotation was 1.6 yuan/kg; The developed areas in the west fell by 1 point, and the quotation was 1.605 yuan/kg; The development plain fell by 0.5 point, and the price 1.6 1 yuan/kg; The quotations of Handan Wudeli, Baixiang Wudeli and Keming Flour Mill all fell to 1.6 yuan/kg; Zhoukou Wudeli and Yihai Kerry Zhengzhou fell 1 point and quoted 1.585 yuan/kg.
Generally speaking, wheat has gradually fallen below 1.6 yuan, and Suiping Wudeli even fell to 1.575 yuan/kg, indicating that the temperature of wheat is rising faster and the price has begun to fall rapidly.
Of course, today's wheat price is still at a high level. After all, the price of wheat was difficult to break through the 1.35 yuan/kg mark in previous years, so farmers were still profitable.
However, wheat now faces more unfavorable factors. First, the international wheat price has fallen, the US futures have fallen by 2-4%, and the European Union's wheat yield is expected to be 6.02 tons per hectare, which is generally high, which is not conducive to the firm wheat price.
Secondly, due to the recent heavy rain, wheat in winter wheat area has absorbed enough water, which is beneficial to wheat turning green, and warmer temperature can also drive wheat growth.
In addition, the sowing date of wheat is late and there are not many diseases, so the market is still very optimistic about new wheat.
Of course, with the appearance of the mask problem, there was a phenomenon of hoarding rice and noodles in many places in late March, but it also overdrawn the subsequent flour consumption. Coupled with rising temperatures, flour consumption is sluggish, which is not conducive to the market.
03. Soybean meal goes straight to 400 yuan.
In previous years, the soybean meal market was generally 2700 yuan/ton, but the 202 1 soybean meal market began to rise, reaching 3500-3800 yuan/ton.
However, due to official regulation, soybean meal began to fall again in June last year at 5438+ 10, and once fell to 2890 yuan/ton. Before the Spring Festival, the market was around 2900-3000 yuan/ton.
Who would have thought that just after the Spring Festival, the price of soybean meal began to rise wildly. In February, the price of soybean meal rose to 4,495 yuan/ton, and in March, soybean meal was above 5,000 yuan/ton for a long time, and the highest was about 5,350 yuan/ton.
However, from the end of March, the price of soybean meal began to fall, until today it hit a "six-day losing streak", with a cumulative drop of 450 yuan/ton. At present, the average price of soybean meal has dropped to 4706 yuan/ton.
Nationally, Changchun fell to 4,780 yuan/ton, Qinhuangdao 4,700 yuan/ton, Dalian 4,760 yuan/ton, Beijing 4,650 yuan/ton, Zhangjiagang 4,750 yuan/ton, Dongguan 4,650 yuan/ton, Zhoukou 4,980 yuan/ton and Shandong 4,600 yuan/ton.
As for why the price of soybean meal fell, in the final analysis, the recent official auction of 500,000 tons of soybeans, coupled with the decline in international soybean meal prices, accelerated the decline of the soybean meal market.