Recently, the price of new wheat in China has risen rapidly.

Recently, with the rapid rise of new wheat prices in China, with the wheat harvest in the main producing areas advancing from south to north, the number of new wheat on the market in China has been increasing. Under the background that Jiangsu, Hubei, Anhui, and Henan provinces have launched the implementation plan of the lowest wheat purchase price, the price of new wheat has not declined, but has risen rapidly in the past week. At the same time, cloudy and rainy weather occurred in Jiangsu, Hubei, Anhui, and southern Henan during the wheat harvest, resulting in a large proportion of new wheat in new wheat in some areas, the number of new wheat with better quality was not as expected, and the bullish mentality of the market was restored. some market players have changed their thinking of acquisition. Some well-funded traders and large flour-making enterprises took the lead in buying, trying to take advantage of the opportunity of concentrated listing of new wheat to "catch" good grain, which helped raise the price of new wheat.

The extent of withdrawal of rapeseed meal under tight supply restrictions is affected by the concentrated listing of South American soybeans and the good planting situation of soybeans in the United States. Since mid-May, beans at home and abroad have dropped sharply, and the prices of domestic rapeseed oil and rapeseed meal have also been dragged down by soybean oil and soybean meal. Steadily downward, rapeseed processing profits have declined, and domestic rapeseed imports have decreased. However, this year, the temporary storage policy of rapeseed is jointly funded by the central finance and provincial finance, subsidizing oil factories in the main producing areas, and oil factories are purchased along with the city. Due to the lack of subsidy funds in time and the limited processing profits of oil plants, the purchase prices of rapeseed are mostly less than 2 yuan / jin, and farmers have a serious psychology of being reluctant to sell, which leads to a slow down in the acquisition of new rapeseed. Rapeseed processing is less, rapeseed meal supply is correspondingly less, rapeseed meal futures are expected to oscillate to the bottom.