MySheen

Wheat prices continue to rise, is it good to sell or save up and wait?

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, In fact, for today's farmers, few people care about the price fluctuation of a few cents, because it is really not worth it. This is also a problem existing in China's current smallholder economic system. A few acres of land per family, the total harvest is only...

In fact, for today's farmers, few people care about the price fluctuation of a few cents, because it is not worthwhile. This is also the problem existing in China's current small-scale peasant economic system. Each family has a few mu of land with a total harvest of no more than a few thousand jin of wheat, and the fluctuation of a few cents is simply unable to change their income. What they think more about is not when to sell, but when to sell it early so that they can go out to work.

But let's get back to the problem. Wheat prices have risen a lot this year, but since mid-June, wheat prices have shown signs of stabilizing the market, and now they are basically stable. As far as grain is concerned, we must understand that this is a major issue related to the national economy and the people's livelihood, and problems are not allowed to arise. In other words, the state does not allow large fluctuations in grain prices, and all fluctuations are within the scope of the law of market value.

For this year, the wheat production is not small, so for this year's farmers, it can be said that the price increase does not increase the income. Many farmers said that in previous years, wheat per mu could basically reach 1000 jin, but it would be good to reach 700,800 jin this year, while the price of wheat this year has risen from 1.15 yuan per jin to 1.25 yuan per catty at the time of harvest, which has not increased too much, and it is still not as good as last year.

Here, science to promote agriculture would like to remind that even if there is a reduction in production this year, the price has gone up, but according to the current market, the future price rise is limited. Judging from the market situation this year, the increase has been relatively large, on the one hand, due to the reduction of wheat production, and on the other hand, there are factors that grain reserves stop auctioning.

But if food prices continue to rise in the future, I am afraid the auction will continue to open. Today, China's grain reserves still have a stock of 76 million tons, which can be easily dealt with for the reduction of wheat production this year, and the market price of wheat from abroad, Russia and the United States is much lower than that of China. If the domestic wheat rise is too high, a large number of grain processing enterprises will turn to import wheat.

Therefore, there is not much room for rise in the future, for farmers without storage conditions, the weather is getting hotter, storage risk increases, but also hope to grasp the market in time, sell early, early clean.

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

 
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