In recent days, the agricultural product market has been relatively hot, with pig prices soaring, wheat and eggs continuing to rise, and the corn market poised for growth.

So what is the market situation like? Let's take a look at it below:

01. The wheat market "changed its face after falling", and the leading position retreated

In mid-April, the wheat market continued to strengthen, rising like a rainbow, and once again broke through The price remained at a high of 1.70 yuan in March, and market enthusiasm was rekindled.

However, on April 21, the wheat market fluctuated at a high level, and the leading companies in this round of gains also retreated. Let’s take a look at the specific situation:

In today’s wheat market, There were 6 increases and 6 decreases among processing companies. The 6 companies that increased: Qingdao Jinxi Oatmeal rose 2 cents per catty, 1.680 yuan/catty; Shanxian Feixiang Noodle Industry rose 4 cents, 1.700 yuan/catty; Heze Tianbang Cereals and Oils rose 5 cents. , 1.700 yuan/jin; Hebei Baixiang Wudeli increased by 3 points, 1.700 yuan/jin; Henan Suiping Wudeli increased by 2 points, 1.670 yuan/jin; Anhui Bozhou Wuli increased by 2 points, 1.670 yuan/jin.

Among the companies that fell, Hebei Jinsha River Noodle Industry fell by 2 points to 1.73 yuan/jin. As a price leader, the retreat will have a certain impact on market confidence.

As for the second rise in wheat prices, the reasons are nothing more than the sharp rise in international wheat prices and the greater uncertainty in the global wheat sown area in 2022. I will not go into too much detail.

As for the next market trend, I personally believe that the short-term wheat market is facing the risk of adjustment. Today, many companies have retreated below 1.70 yuan. In addition, new wheat is about to be launched. Traders and wheat processing companies The willingness to acquire Chen Mai will also decrease.

02. The corn market "turned red", with many prices rising

The corn market, which has been silent for many days, has shown some improvement today. The corn market on April 21 also There is a "face change", but it is an upward "face change".

Many companies in the corn market have raised their prices. Although the increase is not large, it shows an attitude.

Among them: 4 companies in Shandong rose, Tianli Pharmaceutical rose 0.6 points, 1.433 yuan/jin; Shouguang Golden Corn rose 0.5 points, 1.425 yuan/jin; Chenming Starch rose 0.5 points, 1.435 yuan/jin; Jin; Linqing Golden Corn rose 0.5 cents to 1.395 yuan/jin.

Hebei Ningjin Yufeng rose 1 point, 1.400 yuan/jin; Guangyu starch rose 0.7 points, 1.410 yuan/jin; Heilongjiang Qinggang Longfeng rose 0.5 points, 1.3425 yuan/jin; Beijing Grain Longjiang rose 0.5 points, 1.3425 yuan/jin; Inner Mongolia Kailu Jade King increased 0.5 points, 1.380 yuan/jin.

Today only one company, Shandong Chengwu Dazecheng, lowered its price by 0.3 cents to 1.407 yuan/jin.

It is not difficult to understand that the corn market has gone "long" today. It should be a normal fluctuation in the market. However, if you find a few reasons, I feel that the main ones are as follows: First, it is due to the recent violent pull of wheat prices. The impact of the rise has now reached 1.70 yuan, which has a certain foil and driving effect on the corn market.

Second, the conflict between Russia and Ukraine has a greater impact on international grain prices, and corn has also benefited greatly. The duty-paid price of corn at the port has continued to increase, which is good for domestic corn prices.

Third, the number of trucks arriving at corn enterprises in Shandong has dropped sharply. Today there are only 372 trucks, a decrease of 184 trucks from yesterday.

Fourth, corn futures prices have been rising recently. On April 21, domestic corn futures reached 3,014 yuan/ton, a record high, and international corn also exceeded a 10-year high.

As for the market outlook for corn, my personal view is still bullish and firmly bullish.

Main logic: First, affected by the conflict between Russia and Ukraine, there is great uncertainty in the global corn output in 2022.

Second, the domestic policy orientation of expanding beans and stabilizing corn is a test for the corn area, because the Northeast region, especially Heilongjiang, mostly uses corn and soybeans as the main food crops.

Third, some institutions predict that according to the current supply and demand situation in the corn market, there is still a certain supply gap in the corn market.

Based on the above analysis, I feel that there is still room for growth in the market outlook for corn. No surprise, it should not be a big problem if the overall price reaches 1.50 yuan/jin.

03. Egg prices continue to rise, with 6-yuan eggs appearing

After the accelerated rise in egg prices in recent days, the current national average egg farm price has exceeded the 5-yuan mark, 10.17 yuan/catties, equivalent to 5.085 yuan/jin, and the retail price in various places is still 3-5 cents per catty. The retail price in individual cities in Shanghai, Shaanxi, Qinghai, Guangdong and other provinces has exceeded 6 yuan/jin.

On April 21, egg prices rose across the board again. It is understood that the Dazhu Road in Beijing increased by 5 cents to 5.11 yuan/catty; the Pudong and Puxi districts of Shanghai increased by 1 cent, and the mainstream wholesale price was 4.65 yuan. /jin; Guangzhou area increased by 3 cents, 5.53 yuan/jin; Suzhou, Jiangsu Province increased by 1 cent, 4.65 yuan/jin; Yancheng increased by 0.15 yuan, 4.60 yuan/jin; Anhui Fuyang increased by 5 cents, 4.95 yuan/jin; Hubei Xishui powdered eggs The price increased by 7 points to 5.58 yuan/jin; Changde, Hunan Province increased by 4 points to 5.73 yuan/jin.

The rise in egg prices is mainly due to:

First, the number of laying hens is low. Agency statistics at the end of February showed that the number of laying hens nationwide was only 1.053 billion. The number in the same period of 2021 was 1.099 billion, and the same period in 2020 was 1.335 billion. The current inventory is at a low level in the past five years.

The second factor is the epidemic. Some production areas have difficulties in transporting eggs, and some consumer areas lack egg sources, resulting in local egg prices being high.

Third, bird flu has occurred in many countries around the world, and a large number of laying hens have become sick and have been culled, causing international egg prices to rise.

Taken together, prices in the egg market will remain high in the short term. However, due to the short reproductive cycle of laying hens, it is estimated that the inventory will increase in the second half of the year, and egg prices will most likely fall.

Dear friends, in the face of a large-scale increase in corn, wheat has surged and fallen, and egg prices have soared "unstoppably", what do you think? Is there any increase? Welcome to express your opinions for your reference.

#Will international food prices affect my country’s wheat prices#