Low demand for new wheat acquisition progress slow

"Who dares to snap up now? It would be good if the peddlers could successfully sell the wheat they bought from farmers in the early stage." Henan Zhumadian wheat trader Xi Yuecun told reporters.

It is understood that this year's wheat harvest season, Jiangsu, Hubei, Anhui, southern Henan and other places appeared cloudy and rainy weather, which caused some areas of new wheat appeared sprouting phenomenon, and sprouting wheat accounted for 15%-20%. In order to stabilize market prices, relevant departments will timely issue policies to relax purchase standards and guide grain departments to actively purchase wheat after encountering a large number of sprouted wheat in previous years. After a large number of new wheat listed this year, although the acquisition progress is relatively slow, but the relevant departments have not issued relevant policies.

Xi Yuecun said that in addition to the slow pace of purchasing new wheat with imperfect grains exceeding the standard, the amount of wheat purchased that meets the government's purchase standards is also much less than in previous years.

"At present, the purchase price of new wheat vendors in many areas of Jiangsu is only 1.15-1.16 yuan/catty, which is generally lower than the purchase price of Henan, Hebei and other places, which is mainly caused by fewer local buyers." Jiangsu Nanjing grain and oil traders Qiangsheng think, This year's new wheat listed so far, Market subjects have been cautious into the market psychology, In addition to the company of the grain storage system and its entrusted warehouse acquisition active, Other market entities are side acquisition while waiting, Some market entities also to sell orders, As in previous years, Each market subject regardless of the quality of new wheat, First catch grain before sales phenomenon is gone.

According to the current market purchase price of main wheat producing areas in China, the purchase price of Jiangsu, Hubei, Anhui and other southern producing areas is relatively low. The purchase price of newly produced wheat in grain depots in most areas is 1.20-1.21 yuan/catty. The purchase price of northern producing areas such as Henan, Shandong and Hebei is a little higher. The current mainstream market price is 1.21-1.22 yuan/catty.

According to Qiangsheng, there are many reasons for the slow progress of new wheat acquisition this year. First, the market purchase strictly implements the standards stipulated by the policy, and requires the new wheat to be screened when it is put into storage, while many new wheat in southern producing areas have imperfect grains exceeding the standard. Second, there is limited storage capacity in various places, and the phenomenon of raising prices and snapping up purchases in various places has not appeared, and the purchase progress of new wheat naturally slows down a lot. Third, after the new wheat came into the market, the rainy weather continued everywhere, which also affected farmers 'grain sales and grain depot purchase.

Some industry insiders told reporters that not only the government-led acquisition progress of new wheat production slowed down compared with previous years, but also the acquisition progress of other market entities was slower. Due to limited funds and poor product sales, many flour milling enterprises this year are acquiring while processing, plus not optimistic about the future market, many flour milling enterprises gave up the opportunity to take advantage of the low price of new wheat when a large number of new wheat listed and hoarding plans. According to the reporter understands, Hebei Cangzhou and other places some small milling enterprises bran ex-factory price has dropped to 0.5 yuan/catty, many small and medium-sized milling enterprises survival difficulties.

Henan Xinxiang North Station grain depot business manager Li Zhiyong thinks, Domestic wheat market supply exceeds demand pattern is obvious, In this case, Acquisition and hoarding new wheat future profit possibility is not high, New wheat market acquisition demand is certainly not strong.