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Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

author:Lao Jiang said agriculture

Again and again, again and again disappointed, again and again expectation, again and again cold, and finally became their own laughing stock, and people began to slowly accept the decline in wheat prices.

In particular, large traders, although they no longer have any expectations for wheat, still have not sold their wheat. It shows that everyone's mentality has begun to "lie flat" for the market - what do you love!

Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

Hello friends, today is May 10, 2024, with the flour companies and traders in the past two days after the "fighting", the price of enterprises and the range of prices have begun to slow down, the main reason is the weather, the other has fallen below everyone's cost line.

In the past two days, the most lively is the flour enterprises, as the new wheat market time is getting closer and closer, the price of the scale has also begun to be announced:

(1) Anhui Bozhou Wudeli: red wheat 1.26 yuan.

(2) Henan Xinxiang Wudeli: Acquisition of 24-year-old new wheat, the base price is 1.26 yuan.

(3) Hubei Jingmen Jingshan Tianqi wheat noodles: 1.18 yuan of local new wheat in Hubei!

(4) Henan Zhoukou Wudeli: Acquisition of 24-year-old new wheat, the base price is 1.26 yuan.

(5) Henan Shangqiu Wudeli: the price of new red wheat and white wheat for 24 years was 1.26 yuan.

(6) Shaanxi Weinan Wudeli: Acquisition of 24-year-old new wheat, the base price is 1.29 yuan.

(7) Hubei Jingmen Jingshan Yonglong Tianqi noodle industry: the price of wheat in 24 years is 1.18 yuan, the bulk density is more than 750, and the moisture is 13.5.

(8) Hubei Jingzhou Eat Rice Industry: 24 years of new wheat 1.22 yuan, 12.5 moisture 770 bulk weight, toxin within 1000.

(9) Shandong Heze Dongming Wudeli: the purchase of 24-year-old new wheat, the purchase price is 1.24 yuan, the standard moisture is 12.5, the bulk density is 785, the gluten is 30, the sprout wheat is 2, the gibberella is 1, the mildew is 0.3, and the price is increased or decreased.

This price is very "exquisite" and "said" - basically sticking to the minimum protection price. The price at which grassroots farmers sell their gross grain is also the protective price. Here's the problem! Do our farmers in North China recognize such a price? Everyone is welcome to comment!

Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

At this time, the wheat market came with two more blockbuster pieces of good news:

(1) Spread the news that the auction of provincial, municipal, and prefectural reserves will be stopped.

(2) Before June 20, wheat adjustment reserves will be notified one after another, 3.5 million tons in Anhui, 5 million tons in Henan, and 800,000 tons in Hainan.

Premise: This news is "gossip", without any official announcement, and in the end, the official announcement should be used as the benchmark, not "false rumors".

I believe that even if these two news are "true", they will not change the market trend, and it is possible that flour companies will have to raise prices.

Because everyone has no confidence and is completely crushed by the entire "big market", in other words, when a person really loses confidence, Adou can no longer help up.

Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

Is there really no salvation for wheat prices?

Of course, saved! What logic?

1. Disturbance of the weather, after two days of violent storms (strong winds, cooling, sandstorms, hail), the whole south will usher in a week of hot weather.

This will be followed by a new rainy day, and this round of rain is very important, it will affect the harvest situation in the entire surrounding area of Henan - uncertain in the certain, certain in the uncertain.

2. My judgment on the corn market is still my personal opinion, which does not mean that it is correct, this is the premise. There is a high probability of corn prices in June ~ July, and it is important to note that there will be a wave of price increases, which is very likely to be the high point of the whole year after the Spring Festival.

Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

If it is established, it will lead to an increase in wheat prices, and in the vernacular, the day when wheat is concentrated on the market is the beginning of the day when wheat prices rise. Because the price of wheat did not fall to about 1.2 yuan as everyone expected, or even lower, everyone did not dare to accept it.

The more they dare not harvest it, the magnitude of the supply market will decrease, and the price of wheat will rise higher and higher, which will also give the opportunity to stale the wheat.

To sum up, the current downturn does not mean that the future will always be sluggish, and the blackness in front of us does not mean that there will be no opportunities in the future. Don't take the national team as dry food, this year's market will be completely beyond paradox, making you unaware of what to do - the granary of a big country, and state-owned enterprises are responsible. (Personal opinion, for reference only, does not represent correct, all nonsense)

Wheat has 2 more blockbuster good news, the wheat market on May 10, 2024

The latest purchase price of flour enterprises in China on May 10, 2024

Hebei Shenzhou Wudeli: 1.29 yuan, down 5%.

Hebei Handan Wudeli: 1.27 yuan, down 5 percent.

Hebei Hualong Farm: 1.28 yuan for the cart, 1.26 yuan for the car, 5 cents.

Hebei Daimyo Wudeli: 1.285 yuan, down 5 percent. The first drop price.

Hebei Daimyo Wudeli: 1.28 yuan, down 5 cents. The second drop price. A total of 1 point is lost.

Hebei Haomian Group (Xiong'an) flour: 1.29 yuan for white pumai, 1.28 yuan for red wheat, 5 cents.

Shandong Heze Huarui: 1.29 yuan, down 2 points.

Shandong Qingdao Wudeli: 1.305 yuan, down 5%.

Shandong Jining Lisheng: Pumai 1.3 yuan, down 5 percent.

Shandong Tianbang noodle industry: Pumai 1.265 yuan, down 1 point.

Shandong Linyi Wudeli: Pumai 1.31 yuan, down 5%.

Shandong Yucheng Wudeli: Pumai 1.273 yuan, down 5%.

Shandong Dongming Wudeli: 1.3 yuan for the old factory, 1.29 yuan for the new factory, 1 point.

Shandong Luhua noodle industry: Chen Mai 1.305 yuan, after the rain Mai 1.27 yuan, down 1 point.

Shandong Huatong noodle industry: Pumai 1.275 yuan, 1.28 yuan (with tickets), down 5 percent.

Shandong Weifang Xiangye flour: white Pumai 1.325 yuan, red Pumai 1.32 yuan, down 5 cents.

Henan Sui Ping Keming: 1.3 yuan, down 2 points.

Kaifeng Yihai, Henan: 1.295 yuan, down 5%.

Henan Shangqiu Wudeli: 1.287 yuan, down 3 percent.

Jiangsu Suqian Wudeli: 1.31 yuan, down 5%.