According to the latest news of daily grain and oil, although the price of the whole corn market is still in a downward trend, today, in the northeast, the prices of enterprises that took the lead in purchasing new grain began to rebound. At present, Beijing Grain Longjiang has raised 10 yuan, the latest price is 2320 yuan, and the price of 30 tidal grains of Zhaodong COFCO has also received 0.9332 yuan.
This is good news, because from the perspective of national output, the market can guess that corn production in North China will be reduced, but only Heilongjiang, which is really facing a bumper harvest this year, will raise prices, which also confirms our guess yesterday that Heilongjiang still wants to keep corn locally.
Judging from the wheat market, the rising market of wheat has officially started. The most obvious example is the price increase of flour everywhere!
Because the price of flour has been flat for a long time, we will judge the trend of wheat price more according to the price of corn. However, this wave of influence for a long time this year has begun to affect the sales of flour. In addition, with the arrival of winter and the increase of northern pasta consumption, flour has ushered in a wave of rapid compensatory growth, which is somewhat similar to the impact of corn on feed. Recently, under the impact of corn and soybean meal prices, feed prices have also increased.
The latest data show that the price of wheat before rain in Weifang Ye Xiang Flour Factory today is 1.33 yuan/kg, Zheng Hao feed 1.3 yuan/kg, Wudeli Pumai in Xiongxian County, Hebei Province 1.33 yuan/kg, Bazhou Yihai Kerry 1.32 yuan/kg, and Jiangsu Huasheng Noodle Industry/kl.
In view of the imminent winter sowing of wheat, the Ministry of Agriculture and Rural Affairs of China has sent a working group to key areas such as Henan, Shandong and Hebei to supervise and guide the production of "Sanqiu".
In addition, we also noticed that so far, the national wheat auction has not released relevant announcements.
From the perspective of the international market, yesterday we got India's wheat export data, and today the European Union also released its wheat export data.
According to the data released by the European Union, up to now, its total wheat export has reached 86.5438 million tons, up 45% year-on-year. Among them, France is the main wheat exporter of the European Union, but this year, due to the weather, the wheat yield and quality of this country have declined, and it is expected that the wheat yield will drop by 2 million tons. Therefore, in the face of the current hot export market, some traders said that there may be other measures in the later period, because if it continues, the EU will need to purchase wheat from other regions before the new wheat is listed in 2022.
In other respects, the relevant authorities in India have banned rapeseed-related futures trading, which market analysis believes may be related to the soaring price of edible oil in the country this year.