In the middle of May, in Hubei, early-maturing wheat has been harvested, and the listing price of some local enterprises has a low opening phenomenon, and the listing price of some enterprises is the same as the price of 1.18 yuan / Jintuo City. Judging from the feedback from the grassroots, the mainstream local listing price of Hubei Xinmai is around 1.2 yuan/jin, and the main body of grain in other provinces, the listed price of some Wudeli enterprises is 1.24~1.29 yuan/jin!
At present, the price of wheat is gradually merging, the price spread of new wheat is gradually narrowing, due to the low spot price of corn, the price difference between corn and wheat is still about -300 yuan / ton, the pressure of wheat feed is not large, the new wheat will still maintain the status of rations, only part of the poor quality wheat or will be transferred to feed, which is limited to the pressure on the corn market!
According to the analysis of the institution, it will still take time for the new wheat to be listed, at present, a small number of Hubei is listed, and the listed price of milling enterprises in Henan is about 2520 yuan/ton, the price difference of new wheat has narrowed to 40 yuan/ton, the basis has gradually narrowed, and the support of old wheat will gradually become stronger!
At present, the rotation of wheat in temporary storage and grain storage is suspended, but the rotation of local wheat is still relatively active, and the centralized listing of new wheat is approaching, and the channels and farmers are gradually emptying their inventories, and the supply of old wheat is relatively loose!
However, the demand follow-up is relatively cautious, in particular, wheat mainly flows into starch enterprises, and by the high temperature and humid environment, flour storage is difficult, downstream purchase and sales are cold, the supply of old wheat is loose, the difficulty of enterprise procurement is weak, the profits of milling enterprises are under pressure, and the mentality of price reduction is strong, which also causes the performance of the crazy price drop of milling enterprises before, however, with the gradual narrowing of the price difference, the market will gradually enter a weak and stable stage!
Some institutions believe that the new wheat market still needs nearly 2 months of "post-maturity" to fully use starch, before that, it is still necessary to use the old grain, therefore, the flour enterprises have just needed the performance of the grain, the price still has a certain support, the new wheat is listed, there is still a round of expectations for the rise of the old wheat, in particular, the demand for high-quality wheat or will be stronger!
In the past two days, with the gradual stabilization of the price of new wheat scales, after a short sharp decline in old wheat, the market will also enter a stage of stabilization, the purchase and sales sentiment is gradually cautious, and the quotation of milling enterprises is also stable and small!
Judging from market feedback, on May 13, in the domestic winter wheat producing areas, Shandong, Hebei, Henan, Anhui, Jiangsu and other places, the listed price of wheat of mainstream milling enterprises was stable, and the sporadic quotation was slightly weak!
Shandong market: Leling Luqing flour quotation rose 20 yuan/ton, the execution price was 1.285 yuan/jin, the average price of Shandong wheat was 1.281 yuan, and the local deep processing price was about 1.26~1.33 yuan/jin!
Hebei market: the average price of wheat listed by local deep processing enterprises is 1.278 yuan/jin, and the quotation of mainstream milling enterprises is 1.265~1.29 yuan/jin!
Henan market: Suiping Wudeli fell 10 yuan, the execution price was 1.29 yuan, the white elephant noodle industry fell 20 yuan, the quotation was 1.26 yuan, the average price of wheat in Henan was 1.286 yuan/jin, and the mainstream enterprises quoted about 1.26~1.325 yuan/jin!
Personally, I believe that the stage of wheat prices on the track, the bottom support of old wheat is stronger, and the price of the price is limited, and by some milling enterprises still have the trend of just demand, the price of old grain is still expected to rise for a short time, and the market will pay attention to the changes in the rhythm of the new wheat market and the impact of the weather on the production area!