MySheen

The price of high-quality wheat rises sharply in the south of Hebei and the north of Henan.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, Due to the overcast and rainy weather during the wheat harvest in southern Henan this year, imperfect grains or even sprouted wheat appeared. Therefore, the quality of high quality wheat varieties dominated by Xinong 979 in the south of Henan Province is generally poor. High-quality wheat in northern Henan and Hebei has become the main concern of the industry.

Due to the overcast and rainy weather during the wheat harvest in southern Henan this year, imperfect grains or even sprouted wheat appeared. Therefore, the quality of high-quality wheat varieties dominated by "Xinong 979" in the south of Henan Province is generally poor. The high-quality wheat in northern Henan and Hebei has become the main target of attention in the industry. Among them, Hebei is the main region.

"the price of high-quality wheat in Hebei is rising very fast." Li Feng (a pseudonym) is an employee of a high-quality wheat and grain trading enterprise. He believes that the price of high-quality wheat has begun to show bubble risk this year.

After the summer harvest in 2014, the prices of "Gaoyou 2018" and "Shizhu 02-1" rose rapidly due to the high demand for high-quality wheat in flour mills.

"referring to the experience of last year, many grain brokers think that there will also be a better market for high-quality wheat this year and rush into the market one after another." 'This quickly pushed up the purchase price of high-quality wheat, 'Mr. Li said. "take 'Shifu 02-1' as an example. After opening the scale, the purchase price quickly rose to 1.27 yuan / jin, and then soared to 1.3 yuan / jin just a week later. Now, the price of 1.4 yuan / jin can not be collected." "it is not that there is no stock in the market, but that many brokers are waiting for sale." Li Feng said.

A grain broker in Xingtai, Hebei province, believes that the rapid rise in wheat prices is related to the entry of social capital into wheat acquisitions. "many of our cotton brokers or people in the miscellaneous grain business have started to buy wheat in the market this year and wait until after the Mid-Autumn Festival." According to him, on the contrary, it is the grain brokers who have been engaged in wheat trade all the year round. This year, they have changed their business thinking, selling as they receive, and not hoarding wheat. However, driven by the market, many farmers are optimistic about the later stage, so they began to store wheat and cherish the sale.

Farmers generally believe that even ordinary wheat can rise to 1.25 yuan per jin for a month, but it should rise to 1.3 yuan per jin in August. Therefore, it is expected that our wheat here will not be able to increase until after August. " The above-mentioned grain broker said.

 
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