The wheat market monitoring information report released by the Ministry of Agriculture on August 25th showed that domestic wheat prices continued to rise in July.
According to the report, in July, the purchase prices of white wheat, red wheat and mixed wheat by state-owned enterprises were 96.97 yuan, 9 1.33 yuan and 93.55 yuan per 50kg, respectively, up by 2.47%, 0.94% and 2.98% from the previous month. The purchase price of individual grain merchants is 97.3 1 yuan, 93.64 yuan and 94.44 yuan per 50 kg, respectively, which are up by 3. 17%, 3.64% and 4.5% respectively.
According to the Ministry of Agriculture, the increase in the price of new wheat has also pushed up the price of old wheat. During the period, the average price of ordinary wheat in Zhengzhou grain wholesale market was 1952 yuan/ton, up 0.49% from the previous month. The wholesale price of high-quality wheat was 2 172 yuan/ton, up 4.3% from the previous month.
According to statistics, as of August 15, all kinds of grain enterprises in wheat-producing provinces such as Hebei, Shanxi, Jiangsu, Anhui, Shandong, Henan, Hubei, Sichuan, Shaanxi, Gansu and Xinjiang have purchased 46.284 million tons of new wheat in 20 10, a year-on-year decrease of 803. Among them, state-owned grain enterprises purchased 36.766 million tons, accounting for 79% of the total purchase, down10.645 million tons year-on-year.
As of August 15, the entrusted grain storage depots of China Grain Reserve have purchased 22.647 million tons of wheat at the lowest purchase price in Jiangsu, Anhui, Shandong, Henan and Hubei provinces, accounting for 62% of the purchase amount of state-owned grain enterprises, a year-on-year decrease of156.29 million tons. China Grain Storage entrusted the storage warehouse to purchase 434,000 tons of wheat temporarily stored by the state in Xinjiang.