Although the price of peanuts was cheap last year, it is still difficult to increase the price of planting area this year.

Will the price of peanuts rise in 2018? With all due respect, the probability of rising is really small. In another two and a half months, it will be time to harvest new peanuts. At that time, the supply of peanuts in the market will be completely reversed. We should know that supply and demand determine the price. Therefore, the room for price increase is basically just before the peanut harvest in September.

Replace high-definition large images

Since the peanut harvest last year, the trend of peanuts in the market has been relatively weak, which is mainly related to the decline in the prices of corn and soybeans in recent years. Under the influence of the grain reserve reform, the price of corn has fallen directly from the price of more than one yuan to the lowest 50 cents per jin, which can be said to have hurt the hearts of many farmers, while soybeans are basically in a similar situation.

As peanuts, which are also summer crops, farmers naturally give up peanuts and switch to peanut planting. In recent years, the peanut growth area has increased significantly in the dominant areas of old peanut cultivation in Henan and Shandong. For the domestic peanut market, the supply has been greatly improved in the short term, and the loosening of supply has also led to the decline of the market price.

Replace high-definition large images

Since the decline in peanut prices last year, there have been many rumors that the peanut planting area will decline significantly this year, but according to the current survey by many media, there are too many changes in peanut planting area. the big reason is related to the low prices of corn and soybeans this year. In other words, farmers who originally planted peanuts could not find a better choice for planting crops.

Based on the above situation, I am afraid there will not be any significant improvement in the situation of peanuts in China this year. With regard to the current peanut trading market across the country, the peanut trading market around the country is relatively depressed. On the one hand, it is a busy season for farmers recently, on the other hand, the peanuts in the hands of farmers are basically sold out, and the surplus grain in the market is reduced, which directly leads to the downturn in the local market and appears to be relatively calm.

Replace high-definition large images

In the case of relatively stable demand in the domestic peanut market, the market may improve slightly in the next two months, but do not expect too much, after all, the market supply is more abundant, I hope you seize the market opportunity.

Here is science to promote agriculture, welcome to add attention, with you to grow knowledge.