In the wheat market, with all the wheat purchased by Beijing Municipal Grain Reserve sold at a price above 1.6 yuan/kg, the market confidence has been greatly boosted, the mood of selling grain by grass-roots farmers has weakened, the difficulty for traders to purchase wheat at a low price has increased sharply, the grain sources from flour mill to mill have also been continuously reduced, and some low-priced grain sources have increased. Many developed flour manufacturers in Shandong have raised prices one after another, and the center of gravity of wheat prices has gradually recovered!
According to the data, at present, the price of Shandong Heze Huarui is 1.55 yuan, that of Dezhou Yihai Kerry is 1.535 yuan, that of developed flour west area is 1.54 yuan, and that of some factories in Anhui, Jiangsu and Henan has increased slightly by 1~2 yuan/ton, so the price of wheat has basically stopped falling, and the market has shown a strong shock. In Shandong, the price of new wheat in flour mills is generally concentrated at 1.53~1.55 yuan/ton.
Personally, although the price of wheat is rising at present, it is difficult to store wheat because of the rainy season in North China and Huanghuai, the main wheat producing areas, and the high temperature. On the demand side, because of the summer vacation of students and the arrival of dog days at the end of July, it is difficult to store flour, the willingness of grassroots residents to purchase is not high, and downstream traders lack the mood to stock up. There is a lack of demand for wheat, and with the wheat coming into the market for more than a month, the inventory of flour mills is gradually increasing. Therefore, in the short term, the price of wheat will still be mainly sideways, and there is no basis for a substantial boost. However, after entering August, with the gradual recovery of the operating rate of flour mills, the price of wheat will also show a significant increase!
However, in the corn market, the price of corn shows a concentrated downward trend. In some areas of Shandong, the quotation of deep processing enterprises fell below 1.4 yuan/Jin!
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 that in previous years. With the rainy season coming, some traders take advantage of the trend to produce grain, and the demand of deep processing enterprises is weak. Because feed enterprises have replaced more directional rice and low-priced brown rice, the price of wheat has continued to decline recently, and the decline of corn market is prominent! At present, the downstream products of mainstream corn deep processing enterprises are slow to move, and deep processing enterprises are in the stage of destocking. Therefore, the machine operating rate is low, and some enterprises in some areas have the performance of mid-year maintenance. The corn demand is weak, and the factory mainly consumes inventory! With the arrival of the rainy season, the tide grain that is not easy to be stored in the market is piled up and listed. In Northeast China, North China and Huanghuai, the price drop sentiment of enterprises is high, and the decline of the corn market is prominent!
According to the data, at present, the quotations of some deep processing enterprises in Heijiliao area of Northeast China have dropped by about 1 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 listing, nearly 1, vehicles lined up in front of enterprises, and the arrival of factory goods surged, the price of corn showed a general downward trend, and the decline remained at about 1~3 yuan/ton. The price center of gravity of corn in Shandong market kept declining, and the prices of many factories such as Shouguang Chenming, Weifang Tianli, Linqing Golden Corn, Baolingbao, Pingyuan Fuyang and Heze Chengwu fell below 1.4 yuan/kg. Among them,
corn prices have fallen sharply. On the one hand, due to the influence 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 Federal Reserve raising interest rates, international food prices have fallen sharply recently, which has also caused the domestic futures corn prices to drop significantly and the market pessimism has intensified. On the other hand, in Northeast China and North China, traders 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 homeopathic grain production increases!
As for corn deep processing, due to the seasonal off-season, overlapping, some factories shut down for maintenance, and the deviation of corn demand, feed enterprises have greatly replaced rice. Due to the downward trend of international food prices, deep processing enterprises have a strong wait-and-see mood, and most of the corn is wet grain. Therefore, the corn market has fallen sharply, and in some areas, the price has fallen below 1.4 yuan/kg!
In the short term, the price of corn will continue to fluctuate weakly. Because it is only two months before the new grain corn goes on the market, and the market traders have sufficient stocks, after entering August, with the recovery of the operating rate of enterprises, the price 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 worlds! Food prices "changed face", wheat rose, and corn fell below 1.4 yuan! What happened! What do you think of this? The above is my personal opinion!
# Wheat price #