MySheen

Rice prices rise, farmers hesitate to sell experts predict that prices will still rise in the later period.

Published: 2024-09-19 Author: mysheen
Last Updated: 2024/09/19, Rice prices rise, farmers hesitate to sell experts predict that prices will still rise in the later period.

Beijing, December 7 (Reporter Yang Jie) according to China Rural Voice "three Rural China" report, the rice harvest is coming to an end, and grain depots are beginning to usher in the peak of rice purchase. Affected by the weather, the overall yield of rice has decreased this year, but the price of high-quality rice has gone up as a result.

Recently, Chen Guiping, a grain broker in Jiangyan District, Taizhou City, Jiangsu Province, brought rice samples to Taizhou National Grain Reserve for testing and grading. Chen Guiping said that if he passes the inspection, he will gradually sell nearly 500 tons of rice in his hands to grain depots in the past few days.

Chen Guiping, a grain broker: this year, just like wheat, it was affected by natural disasters. The level may be a little lower than before. But on the whole, the output is OK. If the price is set at a moderate level, it will be OK. As far as this income is concerned, I guess the farmers should still be able to maintain their capital.

Yin Weimin, a rice grower in Taixing County, has planted 2 mu of rice this year, and the harvest per mu is less than one kilogram. He calculated an account for the reporter. According to the current market situation of 1.55 yuan for rice, 600 yuan per mu of planting cost is deducted, not counting labor costs. It happens to be able to maintain capital, including labor costs is a loss.

Yin Weimin: up to now, 20% has not been collected. This year, the yield per mu is less than 1,000 jin. Last year, 1,400 jin, not counting labor, more than 40 per mu of seeds, hundreds of chemical fertilizers and pesticides, no less than 600 yuan per mu of land, and now the price is 1.55 yuan. I haven't sold my grain yet. I'm waiting to see. Because rice production has been reduced this year, the price may be higher later, with the price as high as 1.57 last year. Now you can break even. If you include labor, you will lose money.

At present, it is the period when the new season rice is concentrated on the market in China, and the rice harvest in various places is basically over, ushering in the peak season of rice in the middle of the year. Chen Xiaoshan, an analyst at Zhuochuang Information Market, told reporters that driven by the state-supported market acquisition and the minimum protective price policy, rice prices across the country have risen to higher prices. As of December, rice food sources are gradually in short supply, farmers' psychology of cherishing sales is getting stronger, and rice prices are generally showing a steady upward trend.

Chen Xiaoshan: 2016 can be said to be a year of natural disasters, resulting in reduced rice production, declining quality and high water content in many places, and at the same time formed different trends in the rice market this year. On the one hand, the reduction in yield has led to an insufficient supply of high-quality rice, and the price of high-quality rice has risen sharply. On the other hand, the storage of the most wonderful part of grain with excessive moisture is more difficult to restrain the rising space of tide grain and low-quality rice. Generally speaking, there is a shortage of high-quality rice and low-moisture rice in China this year, and the price is still relatively high on the whole.

Industry insiders said that domestic rice prices have risen to a high level, and there is limited room to continue to rise. However, under the support of the national market support policy, it is predicted that there will be a trend of only rising but not falling before the end of the year, and the risk is relatively small. While the rice market demand is weak, the overall price is difficult to rise, mainly stable. In view of the current psychology of farmers who cherish selling, it is suggested that growers should choose to sell before the Spring Festival.

Chen Xiaoshan: there is a shortage of food in the market, and the price is relatively high. It is also normal for growers to cherish the psychology of selling. It is still the peak season for rice sales before the end of the year, and there is a great demand for rice factories and grain depots. It should be said that it is a good time to sell grain before the Spring Festival. Growers are advised to choose this peak sales season to sell. Due to the high water content of rice in many parts of the country this year, it is more difficult to store rice, so growers are not advised to have excessive inventory in order to guard against the possible downside risk after the year.

 
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