Will the price of wheat continue to rise this year?

Abstract: with the double festival approaching, will the price of wheat continue to rise?

Wheat is the third largest food crop in China, second only to rice and corn. It is also an important pillar related to the national economy and people's livelihood and food security. So what is the price of wheat now?

According to the latest quotation in the market, wheat prices are mainly stable as a whole, with a slight decline in some areas. At present, the wheat stocks of flour enterprises in the market are relatively sufficient, the autumn harvest has begun, winter wheat is about to be planted, traders are active in grain sales, the market supply is relatively adequate, grain is mainly stable, and there has been a slight decline in some areas. The purchase price of GB second-class common wheat is 1.18 yuan / jin.

What is the trend of wheat prices in the future?

The price of high-quality wheat is rising steadily. High-quality wheat has always been in short supply in the market. Watching the Morning News this morning, at a coastal wharf, the purchase of high-quality wheat is under way, and carts are lined up to be loaded onto cargo ships, with a daily loading and transfer capacity of more than 1000 tons. The purchase price of high-quality wheat is about 1.35, which is more than 10 cents per jin higher than conventional wheat on the market.

Since high-quality wheat is so expensive, why doesn't the country encourage everyone to grow it? That is, there is a common problem with high-quality wheat, that is, the yield is relatively low and the stress resistance is weak. This year, a late spring cold before and after the Qingming Festival can be said to be a devastating disaster for high-quality wheat. As a result, a lot of wheat can not produce ears, or half of the ears, especially the yield of high-quality wheat.

In a certain place in Xinxiang, Henan Province, a large farmer planted more than 1000 mu of Xinmai 26. He chose this wheat because he took a fancy to it as a high-quality wheat, which could be sold at a high price. In the end, the average yield per mu was only 500,600jin. It can't catch up with the income of conventional wheat grown by others. So high quality does not necessarily mean high yield and high income.

Affected by the grain supply this year, the total grain production capacity has been reduced. At present, the price of wheat is at a moderate price, and under the influence of the state supply-side reform, the purchase of wheat has shifted from government reserve purchase to relying on the market in the past two years, so as to invigorate the market stock and stimulate market initiativity. some large grain processing plants give priority to purchasing high-quality wheat and wheat supplied on the market for finishing and deep processing, and poor-quality grain turns to feed factories.

It is expected that in the fourth quarter, wheat prices will rise steadily, exceeding 1.35 or even 1.4 yuan per catty. Of course, this price is not talking about high-quality wheat. After screening, the strong-gluten and high-quality wheat has now exceeded 1.5 yuan per jin. If there is a certain storage capacity (good ventilation, rain and moisture-proof effect), there is no need to rush to sell. If there is a lack of warehousing capacity, it is still necessary to sell as soon as possible to reduce the risk and ensure their own interests.

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