This year's grain market is not satisfactory, since the beginning of the year, prices have begun to fall to varying degrees, especially corn, rice these two crops, even in August green and yellow did not rebound, but the price fell. And now that the peak consumption season has hit, wheat prices have also begun to fall, what is going on?
<h1 class = "pgc-h-arrow-right" >01, corn fell wildly</h1>
Corn has been trading lower since August and is now at a new low for the year. As for why, on the one hand, the feed demand for corn has decreased, and in the past 2 months, pig farmers have accelerated the elimination of sows and large pigs of more than 300 catties, so that feed demand has decreased, and feed enterprises are not enthusiastic about corn procurement.
At the same time, the demand of Shenzhen enterprises is not too high, the purchase of corn alcohol and starch is not much, and the operating rate cannot be raised for a long time, so the purchase of corn is also reduced.
In the context of double-tier bearishness, there is not much demand for corn, but the auction of imported corn has increased, from once a week to 2 times, thus alleviating the pressure on corn, so the price continues to fall.
From today's market point of view, Shandong region can be described as a comprehensive decline, such as Tengzhou Hengren fell 1.5 points, the price of 1.355 yuan / jin; Linqing golden corn fell 1 point, the price of 1.36 yuan / jin; Yucheng Bowling Treasure fell 1 point, the price of 1.375 yuan / jin.
As for why the market declined, but also because today's corn arrival volume is 817 cars, compared with the previous day's increase of 86 cars, with the number of listings, the supply of enterprises increased, and then there is a bottom under the price, the result of corn bottoming out again.
In the northeast region, Longjiang Fufeng fell by 1.5 points at a price of 1.205 yuan / jin; Yipin Bio fell by 2 points at a price of 1.23 yuan / jin; Longfeng corn fell by 0.5 points at a price of 1.23 yuan / jin; Jingliang Longjiang fell 0.2 points at a price of 1.235 yuan / jin. The northeast market is lower, mainly due to the acceleration of the sale of old grain by local grain merchants, and the market supply is too much.
In the Huanghuai area of North China, the market is not satisfactory, Baoji Fufeng fell by 1.5 points, the price is 1.265 yuan / jin; Huaxing Biological fell 6.5 points, the price is 1.28 yuan / jin; Jindan lactic acid fell by 5 points, the price is 1.31 yuan / jin; Houyuan Biological fell 5 points, the price is 1.28 yuan / jin; Xinheyang alcohol fell 7 points, the price is 1.27 yuan / jin; Feitian Starch Factory fell 3 points, the price is 1.36 yuan / jin.
The overall decline in North China can be described as huge, and the market in many places has bottomed out below 1.3 yuan, which has also set a new low in the year. Local new corn has been listed one after another, inhibited by new corn, companies have lowered the old corn market, so that its price fell sharply.
Today's average price of corn has fallen to 1.3258 yuan / jin, many places of the market fell to less than 1.3 yuan, the price of new corn is not satisfactory, with the decline in operating rate, corn digestion speed is slow, it is expected that the next corn still has room to fall, we can be mentally prepared.
<h1 class = "pgc-h-arrow-right" >02, wheat tentatively rushed higher</h1>
While the corn market continued to fall, wheat prices were also affected, because the spread with corn prices narrowed, feed companies purchased wheat less, and the wheat market also began to fall.
In fact, the price of wheat in early September has been growing high, and its average sales price has exceeded 1.3 yuan, mainly due to the approaching Mid-Autumn Festival, the market's demand for pastry procurement has increased, and flour consumption has increased, so its wheat prices have continued to rise steadily.
However, with the reduction of the company's stock demand, coupled with the high cost of wheat procurement, the end of the local reserve rotation, its price naturally began to decline.
Judging from today's market, wheat prices are still lower overall, but the local market has rebounded again. For example, Yucheng Wudeli fell by 0.5 points at a price of 1.302 yuan / jin; Haozheng feed fell by 0.5 points at a price of 1.28 yuan / jin; developed western district fell by 0.2 points, the price was 1.29 yuan / jin; Shenzhou Wutori and Lisheng fell 0.3 points each, the price was 1.295-1.297 yuan / jin; Tianxiang Jinxiyan fell by 1 point, the price was 1.32 yuan / jin.
However, Bozhou Jinsha River rebounded 0.4 points, the price is 1.294 yuan / jin; developed Weifang rebounded 0.2 points, the price is 1.297 yuan / jin, it can be seen that wheat is also tentatively rushing higher, but the overall situation is ushering in a lower situation, as for the next market, I am afraid it is difficult to rise again, after all, there is no positive stimulus, but in the short term will not fall sharply, the overall situation remains stable and weak.
<h1 class="pgc-h-arrow-right" >03, soybeans are about to be hyped? </h1>
The soybean market in the past 2 months has not been too good, and its price has ushered in a wave of decline, mainly affected by the bearish impact of international soybeans. According to statistics, U.S. soybean production will break a new high this year, or be tied for the second highest in history. Total global soybean production is expected to be 384 million tonnes this year, compared to 363 million tonnes last year.
Therefore, in the context of high production, the soybean market is not too good, but with the arrival of the soybean listing period in September, the bean futures have also begun to rise, and soared to 5900 yuan / ton, as for why, on the one hand, the auction of grain storage has increased, on the other hand, new soybeans have ushered in the harvest.
In the northeast region is expected to be harvested at the end of September or early October, the current supply of old soybeans is not too much, the market surplus grain is limited, supporting the rebound in soybean prices, the current northeast shipment prices have risen to 2.88-2.95 yuan / catty. In the southern region, soybeans have successively entered the market, the volume of goods is large, traders are mainly wait-and-see, the current purchase price is 3.23-3.35 yuan / catty.
Every year when new soybeans are listed, the market will be hyped, thus driving the rise of soybeans, it is expected that this year's new soybean market is still the same, what do you think?