The price of rice in Hubei Province has fallen and wheat bran has risen steadily.
According to a survey conducted by the Hubei Grain and Oil Information Center, from April 6 to April 12, the state continued to increase its stockpile efforts, with a total output of 2.4 million tons of rice from 2013 to 2014 and 1 million tons from 2015 to 2016, with a total of 3.4 million tons in one week. Affected by this, rice prices in the province fell significantly this week. The average purchase price of third-class medium and late indica rice in the national standard was 1.26 yuan / jin, down 0.04 yuan / jin from the previous month. The average purchase price of high-quality indica rice in the province was 1.48 yuan / jin, down 0.02 yuan / jin from the previous month. The average purchase price of Huang Huazhan in Huanggang area is 1.46-1.48 yuan per jin. The rice market is flat, and the market supply exceeds demand, so it is expected that it will be difficult for the rice market to increase prices in the short term.
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In terms of wheat, the National Grain Trading Center will start to adjust the base prices of some policy-oriented wheat sales again next week. Among them, the minimum purchase price for wheat from 2014 to 2016 was adjusted to 2350 yuan per ton, down by 60 yuan per ton, with a cumulative reduction of 110 yuan per ton since this year. If wheat prices fall again, the negative impact on the market will undoubtedly be further aggravated. Wheat prices in the province weakened further this week. The average purchase price of the third-class wheat market in the GB standard was 1.24 yuan / jin, down 0.01 yuan / jin from the previous month. Recently, wheat bran has been affected by the psychological enhancement of powder enterprises, coupled with the increase in the use of wheat bran in feed enterprises, demand has improved. Wheat bran prices in some areas rebounded slightly and rose steadily. The average ex-factory price in the province was 0.82 yuan / jin, an increase of 0.01 yuan / jin compared with the previous month.
Note: the source is the official website of Hubei Provincial Department of Agriculture.
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