Now the flour enterprises no longer regard wheat as wheat, as long as you dare to come, I dare to lower the price, and there is no bottom line, that is, to break through and break everyone's psychological defense. If you don't accept it, don't you? If you don't accept it, I'll fall until you obey.
Let me ask: At such a price, how many people still have the psychology of steel? Although the mouth is hard, the leg and stomach are already cramping.
Hello friends, today is April 24, 2024, and in the past two days, flour companies have begun to "bloodbathe" wheat traders, and wheat traders have also been directly "confused". Two days ago, I was still copying the bottom, and now I was directly copied by the face company, and I was so scared that I was trembling, and I lost money on the wheat that just arrived, who would dare to buy it.
In the face of the whole market's mournful whine, the purchase price of Dezhou Luhua wheat suddenly rose by 2 cents, and the execution price was 1.315 yuan, which made people very stunned.
On the whole, it seems that this "frenzied" price situation seems to be a "rare" scene in the wheat market, but I don't know that last year it fell from 1.6 yuan to 1.4 yuan, which was also formed in a short time, and this year it fell from 1.5 to 1.3 yuan, but the height is different, but the space, amplitude, and time are basically the same.
There is a subtle change in this, the height of wheat prices is falling, which also gives the height of wheat prices in 2024, is it "traceable"?
Leaving aside the discussion of how high wheat prices will be in 2024, where do traders with stale wheat go from here?
First of all, there has been a large area of unsuccessful auctions in the auction of grain storage wheat, which is consistent with the current market, even if you continue to adjust the reserve price of the auction, it will not help, indicating that the mood is really collapsing, and the current operation is not in line with the purpose of ensuring supply and stable prices.
Secondly, I personally believe that the eldest brother has expectations and preparations for the market, in other words, the enthusiasm of wheat farmers cannot be hit, after all, this is rations, if the rations are affected, this is contrary to the policy of ensuring supply + stabilizing prices.
Thirdly, this is the key point, rumors, please note that it is rumored that the Henan region will increase wheat reserves by 10 million tons (new wheat). If this rumor comes true, it means that it is equivalent to the increase in corn reserves in the Northeast, which has a very important positive effect. In other words, the Northeast is a big granary for corn, and Henan is a big granary for wheat.
To sum up, wheat prices want to have no bottom line to fall, there is no way to fall, short-term difficulties are temporary, for traders who still have Chen Mai in their hands, there will definitely be opportunities in the future.
Don't look at the flour enterprises today, the market will definitely give it a list, in essence, after several rounds of deep declines, the grassroots grain sources have achieved a real and rapid transfer. The so-called reduction of the operating rate of flour enterprises, the sharp drop in bran prices, and the bad demand are essentially the same as the market conditions of deep processing, breeding, feed, slaughterhouses, etc. - caused by overcapacity, which also shows that the reform of the supply side is not a success, but a failure.
At the same time, due to the continuous high price of wheat, the enthusiasm of farmers to plant wheat has increased, and everyone has adopted dense planting methods in order to pursue yields, which also increases the risk of lodging, and after lodging, it will lead to a decrease in the bulk density of wheat, but hopefully these are only isolated phenomena.
Therefore, don't be anxious, don't panic, hold on a little longer, and the price of wheat will rebound, and it will be up to Providence to see how much it can be played, and a surprise may pop up! Why? The market must rebound in despair. Otherwise, stay away from wheat and cherish life. (Personal opinion, for reference only, does not represent correct, all nonsense)
Latest national wheat prices for April 24, 2024
Shaanxi Weinan Wudeli: 1.34 yuan, down 1 point.
Shaanxi Wugong Jinsha River: 1.145 yuan, down 5 cents.
Anhui Zhengyu: 1.315 yuan, down 5 percent.
Anhui Bozhou Wudeli: 1.315 yuan, down 1 point.
Anhui Jinsuifeng grain and oil: 1.3 yuan before the rain, 1.26 yuan after the rain. Do not harvest wheat with excessive insect erosion and peculiar smell, and do not have coated seeds (red wheat).
Jiangsu Suqian Wudeli: white wheat 1.315 yuan, down 5%.
Jiangsu Xinghua Wudeli: 1.32 yuan for red wheat and white wheat, down 1 point.
Jiangsu Huasheng Flour Paste Company: Pumai 1.33 yuan, down 1.5 points.
Henan White Elephant Noodles: 1.3 yuan, down 2 points.
Henan COFCO Puyang: 1.27 yuan, down 2 points.
Henan COFCO Luohe: 1.295 yuan, down 2 points.
Kaifeng Yihai, Henan: 1.325 yuan, down 5%.
Henan Suiping Jinmailang: 1.29 yuan, down 1 point.
Henan Shangqiu Wudeli: 1.307 yuan, down 8 cents.
Henan Suiping Wudeli: 1.315 yuan, down 1 point.
Henan Yanjin Keming flour: new, Chen Pumai 1.33 yuan, down 1 point.
Henan Lankao County Shenren Grain and Oil Co., Ltd.: 1.24 yuan, 1 point.
Henan Xinxiang Wudeli: 1.318 yuan for the old factory, 1.323 yuan for the new factory, down 5 percent.
Henan Luhua noodle industry: Chen Mai 1.325 yuan, after the rain Mai 1.29 yuan, down 1 point. The first drop price.
Henan Luhua noodle industry: Chen Mai 1.315 yuan, rain wheat 1.28 yuan, 1 point. The second drop price. A total of 2 points are lost.
Henan Sifeng raw grain: Pumai 1.27 yuan, rain wheat 1.3 yuan, Chen wheat 1.3 yuan, Youmai 1.49 yuan, sub-optimal 1.39 yuan, down 2 points.
山东洪亭制粉: 1.305 yuan, 1 minute.
Shandong Jining Lisheng: 1.305 yuan, down 5 percent.
Shandong Linyi Wudeli: 1.31 yuan, down 1 point.
Shandong Liaocheng Luxin Noodle Industry: 1.27 yuan, down 1 point.
Shandong Qingdao Wudeli: 1.32 yuan, down 1.5 points.
Shandong Qingdao Leijie: Pumai 1.305 yuan, down 1 point.
Shandong Qingdao good noodles: Pumai 1.32 yuan, sub-optimal 1.34 yuan, down 1.5 points.
Shandong Leling Luqing: The net grain of the cart is 1.32 yuan, and the net grain of the cart is 1.31 yuan, falling 1 point.
Shandong Tianbang grain and oil: 1.31 yuan for Chen Mai, 1.31 yuan for pre-rain wheat, 1.28 yuan for Pumai, down 1 point.
Shandong Fa Fa No. 1 No. 1 No. 1 Company (West District): Pumai Class A is 1.28 yuan, Class B is 1.275 yuan, down 5 percent.
Hebei Hualong Farm flour: 1.295 yuan for the cart, 1.275 yuan for the car, 5 cents.