The wheat harvest is basically over this year and the rising potential of the wheat market in the second half of the year is limited.

Can the price of wheat reach 1.4 yuan per jin this year? Personally, I think it is difficult. Since the new wheat came on the market this year, the price is still good, and the price of wheat has also risen all the way this week, making many grain farmers happy. However, this rising market will not last forever. Now the price of wheat is 1.2 yuan per jin, which is not a small distance from 1.4 yuan per jin.

First of all, wheat has suffered frost disaster this winter. Henan, the main wheat producing area, has reduced wheat ears and decreased per unit yield. In addition, the total area of wheat this year is 23.83 million hectares, which is also lower than that of last year. According to the National Grain and Oil Information Center, the decline is 157000 hectares this year. The yield per hectare has dropped by 357 kg per hectare this year.

During the wheat harvest period, the wheat producing areas suffered continuous overcast and rainy weather, resulting in a reduction in wheat production and a decline in the yield of high-quality wheat.

In other words, at present, the total yield and per unit yield of wheat have declined, but with the listing of new wheat, wheat purchasing businesses have gradually become active to snap up food in the market, so it is not surprising that the current price of wheat has risen.

The recent rise in wheat prices is obvious to all, but it will be clear if you calm down and think about it. Such a rise can hardly be seen in previous years, and this year, before the wheat went on the market, the state has lowered the minimum protective price of wheat twice in order to get rid of inventory, and the price of wheat on the market has fallen to less than 1.2 yuan per catty. However, after the listing of new wheat, the price has rebounded quickly to 1.2 yuan per jin, which has to be said to be amazing!

In terms of quality, there is still a gap between the quality of this year's new wheat and last year's wheat quality. at present, the price of old wheat is 1.2 yuan per jin, and the performance price is relatively high, but now there is almost no price difference between new and old wheat. it can be said that nothing good can support the long-term rise in wheat prices, because even if wheat production is reduced to varying degrees this year, after all, the inventory is still there!

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