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Wheat 180 ° turn, grain storage stopped shooting wheat, wheat prices to retaliate?

author:Farmland Chronicle

At the end of April, the wheat market ushered in a key positive ......

As we all know, recently, the wheat market fell to a "mess", by the policy wheat concentrated rotation, and flour consumption in the off-season, the market can not bear, wheat out of a large number of unsuccessful auctions, grain storage and local grain depots price reduction remake, over and over again, the market sentiment almost collapsed, the enterprise quotation even broke a new low, some milling enterprises fell to 1.27 yuan / catty......

Wheat 180 ° turn, grain storage stopped shooting wheat, wheat prices to retaliate?

By the sharp drop in old wheat wheat, the market's concerns about the price of new wheat scales have increased, in particular, the planting area of new wheat has increased slightly, the yield of new wheat is better than last year, and the bumper yield is expected to be higher.

In order to stabilize the interests of grain farmers and ensure that the rations are "endable and stable", the official "made a fierce move" to regulate and control the market one after another!

First, on April 29, the National Grain Trading Center clearly announced that based on the situation of the wheat market and the demand for regulation, the temporary storage of wheat trading in Xinjiang will be stopped from the beginning of May!

Sure enough, on the evening of April 30, China Grain Reserves released a message that from May 6, the trading of grain reserves will be suspended until the end of the centralized listing and acquisition of new wheat, and the resumption will be notified separately! This makes it clear that China Grain Reserves will stop shooting Chen Mai to "make way" for the listing of new wheat!

Wheat 180 ° turn, grain storage stopped shooting wheat, wheat prices to retaliate?

Concentrated on the implementation of the policy, the domestic aged grain wheat market, 180 ° turn, wheat prices "soared", many milling enterprises listed prices rose 40 ~ 70 yuan / ton overnight, policy wheat auctions also showed a significant premium performance!

Among them, on April 30, China Grain Storage Beijing wheat auction sales of 29,892 tons, the transaction rate surged to 82%, the average transaction price rose to 2,653.4 yuan/ton, and the premium level increased to 23 yuan/ton;

On April 30, China Grain Storage Henan Company planned to sell 20~21 years of wheat 20,000 tons, all of which were traded, and the average price reached 2648.8 yuan/ton, an increase of 36 yuan/ton compared with yesterday's transaction price!

On April 30, in Shandong, China Grain Storage plans to sell 10,382 tons, which was fully traded, and the average price rose to 2,663.3 yuan/ton, an increase of 52 yuan/ton from the previous day, and the premium level in some areas reached 65 yuan/ton!

Wheat 180 ° turn, grain storage stopped shooting wheat, wheat prices to retaliate?

Personally, with the policy of good cash, the wheat market or will enter the stage of rational callback, in the short term, the market center of gravity or will be significantly improved, the new wheat scale price is expected to be significantly raised, which is good news for grain farmers, the market will focus on the impact of the weather on the new wheat production, if there is extreme rainfall in the production area, the new wheat production is expected to be affected, the wheat market still has a further upward trend......

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