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Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

author:Strong in the countryside

The waves of wheat rise and fall, and the times change. In the wheat market on October 6, 2023, we can't help but sigh that wheat prices have fallen three times a day, and it is difficult to rise sharply. This once overvalued agricultural product, which has experienced ups and downs in the vastness of the market, has also taught us a lot.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

The volatility of wheat prices shows us the complexity and uncertainty of the market. In this era of globalization, the economic ties between countries are close, and market supply and demand are affected by political, economic and other factors. As one of the world's most important crops, the price fluctuation of wheat is constrained by many factors such as weather, yield, and trade policies. Especially the impact of global climate change, unstable weather has created great uncertainty for wheat planting and harvesting. All this makes forecasting wheat prices difficult, and greater acumen and decision-making are required to seize market opportunities.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

Behind the fluctuations in wheat prices, there are hidden loopholes and manipulation in the market. In a market economy, speculation and manipulation are inevitable, especially in commodities such as agricultural markets. The price of wheat falls 3 times a day, and it is difficult to rise sharply, is there anyone behind the price manipulation? This is food for thought. At the corner of the market, there are always manipulators who try to obtain ill-gotten gains by various means. And these actions undoubtedly bring great risks and uncertainties to real market participants. Regulators should step up efforts to crack down on market manipulation and safeguard market fairness and justice.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

We need to recognize the impact of wheat price volatility on farmers. Wheat is the backbone of agriculture and an important source of income for farmers. Fluctuations in wheat prices directly affect farmers' interests and livelihoods. It falls three times a day, and it is difficult to rise sharply, which undoubtedly brings great survival pressure to farmers. Farmers are constantly working in a difficult production environment, but are subject to market fluctuations. The government should increase its support for agriculture to help farmers cope with the risk of price fluctuations and protect their interests.

Behind the fluctuation of wheat prices, it also gives us some inspiration and thoughts. We must not only see the superficial phenomenon, but also dig deep into the market laws and internal logic. Identify trends and opportunities, and pay more attention to risk management and decision-making improvement. At the same time, we must also be good at using scientific and technological means, with the help of big data, artificial intelligence and other technologies, to improve the accuracy of predictions and decision-making.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

Wheat prices fall 3 times a day, it is difficult to rise sharply, and the wheat market on October 6, 2023 is an impressive scene. The price volatility of wheat, a leader in the agricultural market, is a wake-up call. We need to study the complexity and uncertainty of the market, increase support for farmers, and be good at using technology to improve decision-making capabilities. Only in this way can we seize opportunities and meet challenges in an unpredictable market.

Shandong developed flour group Zaozhuang company released the latest flour prices. According to the announcement, the benchmark price of Pumai A1 is 1.535 yuan per jin, while the benchmark price of A2, B and E is 1.53 yuan per jin, and the benchmark price of C is 1.525 yuan per catty. At the same time, the company also implemented a preferential policy of 5%.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

Similarly, Wucheng Company, a subsidiary of Shandong Developed Flour Group, and Shanghe Jinshahe have also issued the same price policy, that is, the price of flour per kilogram is 1.53 yuan, and they also enjoy a discount of 5%.

Yucheng Wudeli Company launched a wheat variety called "white wheat" before and after the rain, which also costs 1.53 yuan per catty. Shandong Dongming Wudeli implemented a 5% discount for Pumai, and the price was set at 1.545 yuan per catty.

In Hebei, Jinmai Lang Longyao Company adopts the same price strategy as Shandong Shanghe Jinshahe, that is, 1.53 yuan per catty, and enjoys a preferential policy of 5%. Hebei Shenzhou Wudeli Company has launched two wheat varieties, the price of white wheat is 1.525 yuan per catty, and the price of red wheat is 1.52 yuan per catty, and enjoy a discount of 5%.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

Also in Hebei, Daimyo Wudeli Company implemented a preferential strategy of 5% for Pumai, combined with the previous workshop cumulative reduction of 8% policy, so that the price of white wheat and red wheat was 1.547 yuan and 1.543 yuan per catty respectively. The price of Baixiang Wudeli Company is set at 1.545 yuan per catty, and enjoy a discount of 5%. Handan Wudeli Company is consistent with the previous price, 1.535 yuan per jin, and enjoys a discount of 5%.

Xiongxian Wudeli Company has launched two wheat varieties, white wheat 1.54 yuan per catty and red wheat 1.53 yuan per catty, and enjoys a preferential policy of 5%. The price of white wheat of Hebei Yihai Kerry Company is 1.545 yuan per catty, and the price of red wheat is 1.525 yuan per catty, and enjoy a discount of 5%.

Wheat prices fell 3 times in one day, and the situation of big rises is worrying! October 6, 2023 market preview

The price strategies of various flour companies are similar, basically around 1.53 yuan per catty, and enjoy a preferential policy of 5%. These latest price adjustments are undoubtedly good news for consumers, whether bakers or housewives, can buy the flour they need at a more affordable price. At the same time, these price policies also reflect the current abundant supply and fierce competition in the wheat market, providing consumers with more choices and opportunities. Whether it is flour enterprises in Shandong or Hebei, their efforts and competition will further promote the development and growth of the wheat market.