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In the middle of May, in the pig and grain market, the market abruptly changed, among them, in the pig market, the pig price got rid of the trend of grinding the bottom, the price showed a significant rise in performance, the market bullish sentiment converged, under the guidance of emotion, the center of gravity of pig prices moved up significantly. In the grain market, the trend of grain prices is worrying, among them, the corn market, limited by the demand follow-up, corn rose under pressure, and the rise gradually declined. In the wheat market, the new and old wheat are on the track, and the old wheat continues to be weak and the trend of new wheat is on the track! So, what's happening in the market? Today is May 12th, and the prices of corn, wheat and hogs have been updated after the price adjustment!
First, the demand follow-up is under pressure, and the corn rise is falling!
Recently, with the acceleration of the pace of grain sales at the grassroots level, the surplus grain has continued to decrease, and the cost support of grain storage channels is strong, and the corn spot has shown a trend of strong adjustment! However, due to the pressure of demand follow-up, the supply of corn is relatively loose, and it is more difficult for the market to rise again, and the market is showing a certain weak and stable situation!
At present, the domestic corn spot is generally stable, and the listed prices of sporadic enterprises are adjusted! In the northern ports, due to the reluctance of grain traders to sell at high prices, the port collection of grain sources decreased, orders in the south increased slightly, some enterprises raised prices to stimulate the volume, port quotations have risen, Jinzhou Port COFCO Zhongfu and Yongfenglong quotations rose 10~25 yuan / ton! In the northeast market of the producing area, the progress of corn grain sales exceeds 95%, the surplus grain at the grassroots level is more scattered, the difficulty of traders to purchase grain sources increases, supported by costs, mainstream traders are reluctant to sell at a high price, however, the demand is followed up in general, most enterprises maintain the operation of rolling replenishment, the willingness to adjust the price is not high, the spot corn is running steadily, and the mainstream corn price is 1.1~1.16 yuan / catty in the Heijiliao area!
In the North China market, corn sold nearly 9 percent of the grain, the surplus grain further decreased, the pattern of corn on the volume gradually decreased, the market bearish sentiment weakened, the downstream market replenishment demand increased, and the corn market continued to be strong! However, due to the operation of some traders and the maintenance of machines in some enterprises, the purchase and sale are relatively general, and the price increase is under pressure!
For example, Zouping Liuhe made up 80 yuan/ton, and the price was 1.15 yuan, Yishui Qingyuan, Zhucheng Yuanfa, Yishui Dadi and other mainstream enterprises rose and fell by 0.3~1 points/jin, and the mainstream corn price in Shandong was about 1.1~1.23 yuan/jin, and the lemon biochemical price was 1.23 yuan, and the mainstream price was 1.13~1.17 yuan/jin!
Second, the price of wheat is stable and weak!
Recently, due to the listing of new wheat in Hubei, the main body of grain in many places has been listed to purchase new wheat, in terms of the opening price of new wheat, some local enterprises in Hubei have quoted around 1.18 yuan/jin, and in Henan and Shandong, the listed price of Wudeli enterprises is 1.26 yuan/jin!
Due to the cold purchase and sale of flour, the difficulty of bran shipment, the wait-and-see mentality of mainstream enterprises is strong, and the policy wheat rotation is stopped, however, the local wheat rotation is positive, and the difficulty of enterprise grain procurement is not large.
However, with the acceleration of the price drop of old grain, the price spread of new wheat has gradually narrowed, due to the limited short-term listing volume of new wheat, the opening scale price is relatively firm, and the price support of old wheat has become stronger, in particular, the price of high-quality wheat will still be firm, and the price reduction support of wheat has weakened, and the market has gradually shown a weak and stable trend!
Judging from the market feedback, Shandong, Hebei and Henan, the wheat spot price is mainly stable and weak, and some enterprises adjust the rise and fall of 0.5~1 points/jin, of which, Hebei wheat is quoted at 1.265~1.295 yuan/jin, Shandong wheat is quoted at about 1.26~1.31 yuan/jin, and Henan wheat is quoted at about 1.26~1.32 yuan/jin!
In the short term, the wheat market may maintain a weak and stable situation, and the market will pay attention to the new wheat listing, the changes in the weather in the main producing areas, and the expected changes in the new wheat production!
Third, the price of live pigs bucked the trend and went up!
After the May Day holiday, pig prices fell into a "stalemate" situation, the price rose and fell in a dilemma, the market lacked direction, and pig prices were bullish and bearish! However, in the past two days, the market sentiment has gradually improved, and the bullish confidence has increased significantly!
On the one hand, the outlook for pig prices is expected to become stronger, the inflection point of standard pig slaughter is approaching, and the breeding end has increased sharply in the price of pigs in recent months, and the price of 2407 and 2409 contracts for pigs in recent months has risen sharply, which has further stimulated market sentiment!
On the other hand, by the market bullish sentiment of the market heating up, the pace of slaughter at the breeding end slowed down, the social and scale pig enterprises have a certain amount of shrinkage and price operation, and by the breeding end of the empty bar, the confidence of the second breeding in many places has become stronger, and the mentality of the market to supplement the pig has increased, which has further intensified the confidence of the breeding end of the price, and at the same time, it has also intensified the pressure on the slaughtering enterprises to purchase pigs smoothly!
Therefore, with the support of many parties, on May 12, pig prices showed a sharp upward trend, and the price of live pigs rose to 15 yuan/kg, a single-day increase of 0.14 yuan! However, from the grassroots feedback, this time the pig price rose, retail investors with the rise in general, the standard pig rose too fast, exacerbated the increase in the cost of the second breeding column, part of the second breeding confidence has weakened, the pig price rise or will be difficult to sustain, the market after a short rise, the market or will once again enter the stage of "grinding the bottom", focusing on the group pig enterprise slaughter rhythm and the change of the mentality of the second breeding!