MySheen

The purchase and sale of wheat market will become more active. The price of soybeans in the producing areas is still rising.

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, The purchase and sale of wheat market will tend to be active as the main role of market-supporting enterprises in the market is gradually reflected. After the purchase of supporting the market in various places has entered normal, as the enterprises qualified to support the acquisition of the market have strong financial support, they will become the main force of acquisition in the future.

The purchase and sale of wheat market will tend to be active as the main role of market-supporting enterprises in the market is gradually reflected. After the local market support acquisition has entered normal, because the enterprises qualified to support the market acquisition have strong financial support, they will become the main acquisition force in the future, and other acquisition subjects feel that the policy has been settled, and driven by the market support acquisition, they will also enter the market one after another. the purchase and sale of the wheat market will tend to be active, its acquisition progress will be gradually accelerated, and the price of common wheat in the main producing areas will continue to rise. However, after rising to the lowest purchase price level, it may tend to be stable, and the price of new wheat is expected to run between 1.18 yuan and 1.24 yuan per jin.

The rise in soybean prices in the producing areas is still weak. At present, the soybean market in the producing areas is difficult to break this situation of weak demand, and a large number of imported soybeans are hitting the domestic soybean market. it is bound to play a certain role in replacing domestic soybeans, at the same time, under the influence of macro-economy, consumption is relatively low, feed prices are low, and the rise in soybean prices is still weak. Due to the impact of precipitation, the progress of planting American beans is slow, and the monthly report released by the United States Department of Agriculture has also reduced the final inventory of soybeans in the United States and around the world. CBOT soybeans are affected by this, and we should continue to pay attention to rainfall in the Midwest in the future.

 
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