It is often said, "Don't give up an entire forest for the sake of a tree", but for the wheat trader at the current juncture, you have lost the whole forest, are you still afraid of a tree?
The wheat market has reached the bottom line that everyone can hold, because the price drop for a long time has beaten everyone's emotions and confidence to the point of "incompleteness".
And all this is the biggest "magic", "charm", "cruelty" and "bloodthirstiness" of the market. Even if someone is struggling to support it, they have also given themselves a deadline, and if there is no hope for another half a month, most of the wheat in the market will be completely "defeated" and finally leave the market in despair.
Hello friends, today is April 15, 2024, and the current purchase price is already close to the cost line of traders, just a few months, directly back to the iron bottom. Moreover, although the purchase price of flour enterprises continues to fall, the number of adjustments has declined significantly.
At this moment, the high-quality wheat of Henan Baixiang Noodle Industry suddenly rose by 1.5 points, and the purchase price came to 1.5 yuan.
In essence, it is the auction of the policy side, which plays a very important role in the mentality of the market. In fact, there are auctions every year, there are two-way, there are purchases, and for the corn market, everyone basically does not pay much attention, or it is insignificant.
But when it comes to wheat, everyone's interpretation of this aspect is even more secretive, infinitely exaggerating and exaggerating its role. In fact, it is essentially a kind of adjustment to the relative market.
Acquisitions during the acquisition period reduce the supply pressure in the market, and at the same time make their own acquisition costs reach a low point, which indirectly promotes the rise of prices. When it comes to a certain point in time, the wheat in the warehouse is released again, theoretically to balance the market, but in the end it is also "self-financing".
Therefore, the reserve price of the auction and the two-way auction should be very "exquisite". Too high or too low? Then, in the mouth of some people, it becomes: "You must understand the laws of the market"!
Oh my god, if there is a law in the market, then there are no people who lose money in the market, only people who make money. The market is out of the way, not out of the word.
From the recent various "grapevines", it shows that everyone is very concerned about the wheat market, whether it is a noodle enterprise, a grain storage, or a wheat trader, are looking for a balance, and the current balance has long been broken.
Flour enterprises use the "tried-and-test" method of price dropping, so as to change the flow of social food sources, so that they have the initiative, and then unlimited low-price purchases.
Moreover, at this point in time, the inventory level of flour enterprises is becoming more and more "hidden", which means that their inventory level is very low. In essence, they want to maintain this momentum, and then welcome the new wheat market, so that their own cost price is lower, and their profits are maximized, which is understandable.
But this also puts itself in a relatively "passive" situation, if there is a shortage of food supply at the grassroots level, if you want to receive wheat, there is only one way to choose - increase prices. Because, in this world, as long as you have money, you can buy things, but the price is high and the price is low.
To get back to the point, today's wheat procurement, two-way, auction price, and transaction rate will become the opening of a new round of waves, and whether the price is rising or falling, will reveal the answer.
Individuals have always been very in awe and respect for the market in their hearts, because the market is the harshest and most ruthless, and there is nothing wrong with judging right and wrong, because the market is always right, and there is a certain reason for going up or down. Feel free to slap your face. (Personal opinion, for reference only, does not represent correct, all nonsense)
Latest national wheat prices for April 15, 2024
Hebei Xiongxian Wudeli: 1.34 yuan, down 5%.
Hebei Daimyo Wudeli: 1.345 yuan, down 5%.
Hebei Baixiang Wudeli: 1.345 yuan, down 5%.
Yihai Kerry, Bazhou, Hebei: 1.34 yuan, down 5%.
Yihai Kerry, Zhengzhou, Henan: 1.34 yuan, down 5%.
Henan Zhoukou Yihai Kerry: 1.14 yuan, 1 point.
Lisheng noodle industry in Huaxian County, Henan: 1.315 yuan, down 5 percent.
Henan White Elephant Flour Industry: High-quality wheat Zhenmai 1.5 yuan, up 1.5 points.
Shandong Shuanglong Milling: net grain 1.33 yuan, down 8 cents.
Shandong developed flour Liaocheng: 1.338 yuan, down 7 percent.
Shandong Zaozhuang Yinniu Noodle Industry: Pumai class A benchmark price of 1.36 yuan, class B benchmark price of 1.355 yuan, class C benchmark price of 1.35 yuan, class E benchmark price of 1.345 yuan, class D benchmark price of 1.315 yuan, class S benchmark price of 1.277 yuan, down 3%.
Jiangsu Suqian Wudeli: 1.365 yuan for red wheat, down 1 point.
Jiangsu Huasheng flour: 23 years of new wheat 1.37 yuan, down 5 cents. Chen Mai 1.365 yuan, down 5 percent.