In the wheat market, with all the wheat purchased by Beijing Grain Reserve sold at a price above 1.6 yuan/kg, the market confidence has been greatly boosted, the grass-roots farmers' sentiment of selling grain has weakened, the difficulty for traders to buy wheat at a low price has increased sharply, and the grain sources from flour mills to factories have also been decreasing, and some low-priced grain sources have increased. Many developed flour manufacturers in Shandong have raised their prices, and the center of gravity of wheat prices has gradually recovered!
According to the data, at present, Huarui 1.535 yuan in Heze, 55 yuan, Yihai Kerry1.535 yuan in Dezhou, 1.54 yuan in developed flour west area, and some factories in Anhui, Jiangsu and Henan have slightly increased 10 ~ 20 yuan/ton. Wheat prices have basically stopped falling and the market has performed strongly. Shandong.
Personally, although the current wheat price is rising, there are still sporadic tidal grains in the grass-roots market due to the rainy season in North China and Huanghuai, the main wheat producing areas, and the high temperature, which makes it difficult to store wheat. On the demand side, at the end of July, due to students' summer vacation and the arrival of dog days, flour storage was difficult, grassroots residents were not willing to purchase, and downstream traders lacked the mood of hoarding goods. The demand for wheat is insufficient. With the wheat on the market for more than a month, the inventory of flour mills has gradually increased. Therefore, in the short term, wheat prices will remain sideways, and there is no basis for a substantial boost. However, after entering August, with the gradual recovery of the operating rate of the flour mill, the price of wheat will also rise significantly!
However, in the corn market, the price of corn has shown a downward trend. The quotation of deep processing enterprises in some areas of Shandong fell below 1.4 yuan/kg!
At present, the purchase and sale of grass-roots corn in China has basically ended. However, the inventory of traders in Northeast China is higher than in previous years. With the arrival of the rainy season, some traders produce grain conveniently, and the demand of deep processing enterprises is weak. Because feed enterprises have replaced more oriented rice and low-priced brown rice, the price of wheat has been falling continuously recently, and the decline of corn market is outstanding! At present, the downstream products of mainstream corn deep processing enterprises are unsalable, and deep processing enterprises are in the destocking stage. Therefore, the machine operating rate is low, and some enterprises in some areas have the performance of mid-year maintenance. The demand for corn is weak, and the factory mainly consumes inventory! With the arrival of the rainy season, the tide grain that is not easy to store in the market is piled up and listed. Enterprises in Northeast China, North China and Huanghuai are in a high mood of falling prices, and the decline in the corn market is outstanding!
The data shows that at present, the quotations of some deep processing enterprises in Heijiliao area of Northeast China have dropped by about 10 yuan/ton, and the quotations of mainstream corn have also dropped to 1.33 ~ 1.35 yuan/kg! However, in Huanghuai market and Shandong area, due to the increase of tide grain market, there are nearly 1 10,000 vehicles waiting in line in front of enterprises, and the arrival of factory has surged, and the price of corn has generally fallen, with the decline maintaining at around 10 ~ 30 yuan/ton. The center of gravity of corn price in Shandong market is declining, with Shouguang Chenming, Weifang Tian Li, Linqing Golden Corn, Baolingbao, Pingyuan Fuyang and Heze Chengwu.
The price of corn has fallen sharply. On the one hand, due to the impact of the international market and the conflict between Russia and Ukraine, international food prices have risen sharply, which has also aggravated the performance of inflation. With the Fed's interest rate hike, the recent sharp drop in international food prices has also led to a sharp drop in domestic futures corn prices and increased market pessimism. On the other hand, traders in Northeast China and North China have sufficient corn stocks, and some grain merchants are affected by the rainy season, which makes it more difficult to store corn, and the phenomenon of increasing grain production is increasing!
In the aspect of corn deep processing, due to seasonal off-season, superposition, some factories stopped production and maintenance, corn demand deviation, feed enterprises replaced rice greatly, deep processing enterprises were strongly affected by the downward trend of international food prices, and corn was mostly wet food. Therefore, the corn market fell sharply, and the price in some areas fell below 1.4 yuan/kg!
In the short term, corn prices will continue to fluctuate weakly. Because it is only two months before the new grain corn goes on the market, market traders have sufficient stocks. After entering August, with the recovery of the operating rate of enterprises, the corn market will stop falling, but it is difficult to have a basis for a substantial boost, and the price will hover around 1.5~ 1.55 yuan/kg!
Ice and fire are two days! Food prices "changed face", wheat rose, and corn fell below 1.4 yuan! What's going on What do you think of this? The above is my personal opinion!
# Wheat price #