MySheen

Support the market to buy new wheat and start the price to go up quickly.

Published: 2024-11-08 Author: mysheen
Last Updated: 2024/11/08, 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, but the price of new wheat has not declined, but has risen rapidly in nearly a week. When Xinmai first came on the market, the purchase price of new common wheat in Zhoukou was only 1. 5%.

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, but the price of new wheat has not declined, but has risen rapidly in nearly a week.

"when Xinmai first came on the market, the purchase price of new common wheat in Zhoukou area was only 1.1mi 1.13 yuan / jin, which has risen to 1.2 yuan / jin in the past few days." Tan Songgen, a wheat trader in Fugou County, Zhoukou City, Henan Province, told Fuzhou Daily that the rapid rise in the price of new wheat has a lot to do with the timely launch of the minimum wheat purchase price plan by China Grain Storage Company.

According to the reporter's understanding, up to now, Jiangsu, Hubei, Anhui, and Henan provinces have launched a preliminary plan for the implementation of the lowest purchase price for wheat, and the centrally listed new wheat has finally found its "mother's home."

In recent years, traders, grain depots, milling enterprises and other market players have purchased and hoarded a large number of new wheat when they listed on the market, but it is difficult to make a profit in the end. After the listing of Xinmai this year, there was a strong wait-and-see mood in the market, and many market players delayed the acquisition of Xinmai. As a result, the price of new wheat is generally low, the price of new wheat in many areas is lower than the minimum purchase price of wheat announced by the government, and the income of farmers growing grain can not be guaranteed. In the face of the situation that the price of new wheat is low, governments at all levels and China Grain Storage Corporation and local branches actively negotiated and promptly launched the implementation plan of the lowest purchase price of wheat.

Tan Songgen said that during this year's wheat harvest, most areas of Zhoukou did not have the same overcast and rainy weather as the surrounding areas, which made the moisture content of local new wheat not high, with a maximum of no more than 12%, and the bulk weight of new wheat was relatively high. Non-local wheat traders, milling enterprises, grain depots and so on have come to Zhoukou to buy new wheat, which is another reason for the rapid rise in local new wheat prices.

Jiangsu, Hubei, Anhui and southern Henan all had overcast and rainy weather during the wheat harvest, which resulted in a large proportion of malt in new wheat in some areas, with the proportion of malt in some areas as high as 20%. The market expects that the quantity of high-quality wheat may decrease this year. " Qi Kai, a wheat trader in Huaxian County, Henan Province, believes that the government's timely launch of the implementation plan for the minimum purchase price of wheat has given the market a "reassurance" and limited the room for the decline of new wheat prices.

At the same time, the number of new wheat with better quality is not as expected, the bullish mentality of the market has been restored, and 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.

"our grain ship has arrived at Shahe Wharf in Xiangcheng County, Zhoukou. As long as there is a price difference, we will buy new wheat for trade grain." Qiang Sheng, a wheat trader in Nanjing City, Jiangsu Province, told reporters that the quality of new wheat varies greatly from place to place this year, and the requirements of grain enterprises are also different. This year, he plans to purchase and hoard some wheat in various places for future trade purposes.

The reporter also learned from the grain and agricultural machinery departments of Jiangsu and Henan provinces that so far, the progress of new wheat harvesting and acquisition in various places is relatively normal, and the deviation in the quality of new wheat in some areas has slowed down the progress of acquisition. Judging from the price of new wheat, the price of new wheat in most areas has risen to the lowest purchase price announced by the government, while the price of new wheat with high moisture in some areas is lower than the minimum purchase price, and farmers are more active in selling grain.

 
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