A: Can the price of wheat still rise?
B: What's going on, there's no hope!
A: Why can't it go up?
B: Now that we are concentrating on sales, why is it rising?
B: There is no chance of wheat anymore, sell it!
Hello friends, today is April 12, 2024, and the entire wheat market can be described as "wailing": "Hurry up and sell grain, otherwise the current price will not be guaranteed, and the loss will be even worse when the time comes" - the sound of falling prices is overwhelming, and the wheat on the top is asking angrily: Who else is not convinced?
The flour enterprises have picked up the dragon slaying knife and slaughtered all the traders who sell grain, and the price of individual enterprises has fallen to 1.33 yuan, and if they buy 1.3 yuan at the grassroots level, they will basically lose money.
In fact, the entire market has pointed to all the anchorages: the auction and procurement of the reserves, what the market needs or not, has become chicken ribs, and there is no way to mention it.
Because now it is a situation in which the reserves compete with wheat traders and farmers, and then a "miserable" stampede is formed. This is why the wheat market is a mess, except that the price is the price.
Therefore, the current turning point and focus is whether the number of bids for rotation and auction will decrease. Xiaobian checked the relevant auction information, on April 12, 2024, there were a total of eight bidding sales information, and on April 15, there were two bidding purchases, and there was no update.
(1) Henan Branch: sales of 31,909 tons of wheat in 2020 and 2021;
(2) Shandong Branch: sales of 7,591 tons of wheat in 2020, 2021 and 2022;
(3) Xi'an Branch: sales of 22,238 tons of wheat in 2018, 2020 and 2021;
(4) Anhui Branch: sold 16,326 tons of wheat in 2020;
(5) Guizhou Branch: sales of 2,500 tons of wheat in 2019 and 2020;
(6) Jiangsu Branch: sales of 7,674 tons of wheat in 2020 and 2021;
(7) Guangxi Branch: sales of 5,000 tons of wheat in 2018;
(8) Xinjiang Branch: sales of 20,845 tons of wheat in 2019 and 2020;
These eight sessions, totaling 113,083 tons, can be seen that the magnitude has begun to decline, compared with yesterday's reduction of half of the magnitude, what kind of signal is this? Moreover, it is rumored that today's Shangqiu direct warehouse of 2,922 tons, Xiayi Yangji branch warehouse of 1,460 tons, will be the last batch of this year-is true or false?
But in recent years, the so-called gossip has basically come true. Today, we also want to focus on the announcement of the bidding sales of grain storage in Hebei Province (counties and districts), which shows that Hebei Xinliang Grain Trade Co., Ltd. will sell 32,000 tons of first-class and second-class wheat in 2023, with a starting price of 2800-2980 yuan/ton, and the results of the transaction are very important!
I am still 100% sure that there is a high probability that the rotation and auction volume will be reduced next week, otherwise this week's dismal transactions and prices will also be unfavorable for them.
Therefore, I still maintain my own opinion: there will be a change in wheat prices in the next few days, and it will begin to rebound around the 15th, and it will begin to rise without thinking, soaring. Flour companies don't need you to be happy now, be careful to pull a list for you in the future, and always be ready to slap your face, but the point of view remains the same. (Personal opinion, for reference only, does not represent correct, all nonsense)
Latest national wheat prices for April 12, 2024
Hebei Handan Wudeli: 1.35 yuan, down 5 cents.
Hebei Haomian Group (Xingtai) flour: Baipumai 1.35 yuan, down 5 cents.
Hebei Haomian Group (Xiong'an) flour: Baipumai 1.35 yuan, down 5 cents.
Hebei Hualong Farm flour: 1.35 yuan for the cart, 1.33 yuan for the car, 5 cents.
Hebei Yihai Kerry (Bazhou): white wheat 1.345 yuan (with tickets), red wheat 1.295 yuan (with tickets), down 5 cents.
Shandong Hexing: 1.347 yuan, down 8%.
Shandong Huatong noodle industry: 1.344 yuan, down 3%.
Shandong Dongming Wudeli: 1.36 yuan, down 5%.
Shandong Yucheng Wudeli: 1.345 yuan, down 5%.
Shandong Tianbang grain and oil: Chen Mai 1.365 yuan, down 5 cents.
Shandong Heze Huarui: Pumai 1.37 yuan, down 5%. Chen Mai 1.365 yuan, down 5 percent.
Liaocheng Company of Shandong Flour Group: Class A 1.35 yuan, Class B 1.345 yuan, down 5%.
Shandong Fa Fa Noodle Industry Company (West District): Class A 1.345 yuan, Class B 1.34 yuan, down 1 point.
Shandong Feixiang flour: 1.33 yuan (without tickets), 7 cents. 1.388 yuan (with tickets), 1 point. Chen Mai 1.365 yuan (without tickets), 1.37 yuan (with tickets). Drop 1 point.
Shandong Zaozhuang Yinniu Noodles Industry: Class A benchmark price is 1.378 yuan, Class B benchmark price is 1.373 yuan, Class C benchmark price is 1.368 yuan, Class E benchmark price is 1.363 yuan, Class D benchmark price is 1.333 yuan, Class S benchmark price is 1.296 yuan, all down 2%. The first drop price.
Shandong Zaozhuang Yinniu Noodles Industry: Class A benchmark price is 1.375 yuan, Class B benchmark price is 1.37 yuan, Class C benchmark price is 1.365 yuan, Class E benchmark price is 1.36 yuan, Class D benchmark price is 1.33 yuan, Class S benchmark price is 1.293 yuan, all down 3%. The second drop price.
Shandong Zaozhuang Yinniu Noodle Industry: Class A benchmark price is 1.37 yuan, Class B benchmark price is 1.365 yuan, Class C benchmark price is 1.36 yuan, Class E benchmark price is 1.355 yuan, Class D benchmark price is 1.325 yuan, Class S benchmark price is 1.288 yuan, all down 5%. The third drop in the price.
Henan Suiping Jinmailang Company: 1.34 yuan, down 1 point.
Henan Zhiqing noodle industry: 23 years of Pumai 1.32 yuan, down 5%.
Henan Shangqiu Wudeli: red wheat, white wheat 1.342 yuan, down 1 point.
Henan Anyang Hualong Farm: Chen Mai 1.365 yuan, down 5 cents. In 2023, wheat will be 1.36 yuan, down 5%.
Jiangsu Suqian Wudeli: 1.36 yuan, down 1 point.
Jiangsu Huasheng Flour Yanhu Company: 23-year-old wheat 1.38 yuan, aged wheat 1.375 yuan, down 5%.
Jinshahe, Anhui: 23-year-old wheat is 1.35 yuan, 23-year-old wheat is 1.345 yuan, and 5% is down.