In mid-August, the northeast of China's major grain producing areas suffered a rare flood. As of 9: 00 on August 20th, according to the report of Liaoning Provincial Civil Affairs Department, the flood disaster since August 16 has caused the affected area of crops 173.8 thousand hectares, of which 310.4 thousand hectares were never harvested. According to the report of the Civil Affairs Department of Jilin Province, the affected area of crops was 2 16. 1 10,000 hectares, of which 47. 1 10,000 hectares were rejected. According to the report of the Civil Affairs Department of Heilongjiang Province, the affected area of crops is 463.3 thousand hectares, of which no crops are harvested 197.4 thousand hectares.

Northeast China produces nearly 17% of the country's grain every year, which is basically autumn grain crops. Among them, 50% of japonica rice production in China comes from Northeast China.

Wang Shutong, an agricultural product analyst, said in an interview with the reporter of International Finance News: "Although the floods in Northeast China are serious, the impact on local rice is minimal. Many major rice producing areas in Northeast China have hardly been affected by floods. At present, the output of japonica rice in Northeast China is still bumper, and the output continues to increase compared with last year. " He also pointed out that in the second half of the year, due to the increase in the minimum protective price of rice, the price of rice showed a slow upward trend. However, due to the weak downstream demand of rice, the price increase momentum is not strong.

The three northeastern provinces are the main corn producing areas, accounting for about 40% of the national total output. Yang Xiaoyun, an analyst of Shanghai mid-term futures, pointed out: "Northeast corn is growing well this year. At present, the flood time is not long, which has little impact on corn production. It is estimated that corn production this year is still good. "

Heilongjiang is the main producing area of domestic soybeans. Zhang, an agricultural product analyst, believes that the flood only affects areas along the Yangtze River and low-lying areas, and soybeans are growing well as a whole. It is expected that there may be a small reduction in production, but it will not have much impact on the overall situation. In terms of price, domestic soybean futures prices are more affected by the international soybean market, and the weather market speculation of American agricultural products has entered the final stage. In the medium and long term, the supply pressure of soybeans is still relatively high, and the idea of maintaining shocks is empty.