Specifically, wheat prices fell below 1.6 yuan per pound, and as the main producing areas of Shandong, North China and Northeast China have also weakened.
For the reasons of the current market price decline, mainly due to corn and wheat price shock, especially the market demand is an important one of the reasons.
Accompanied by the current epidemic after the liberalization of the market on the amount of gradually increased, especially the market selection than the previous downturn in the market appeared to be a certain amount of more price reductions.
One is with the sealing control after the lifting of the infection rate growth, market consumption decline.
For many flour enterprises to see, due to the impact of the epidemic, the start rate has declined, especially corn processing, in the pig price plunge, the demand for feed is also reduced, the overall presentation of a certain downturn.
Two, the market purchasing power weakened.
Compared with the previous prevention and control of the phenomenon of hoarding flour grain compared to the current market supply of rice and flour quantity is more adequate, we are more focused on hoarding fever medicine, is for the purchase of rice and flour decline, the current catering industry is also in the dismal, the market is obviously not enough to buy.
Three, the purchase of the two ends of the unsatisfactory
In the purchase and sale of the two ends of the new changes in the view, although the market price has risen, but the overall price fell, the majority of farmers in the food purchased wait-and-see state, after all, the current price of corn is still relatively low.
Consolidated above, the current wheat and the overall price in a state of depression, the food end of the market situation is not into the people.
Pork consumption downturn, the market just demand-oriented.
Corn processing end of the volume is not enough.
For pork, market consumption is still in the doldrums, unlike staple grains, pork in the case of relatively weak consumption, demand is in the state of just demand.
Specifically, corn in pig prices fell, seriously affecting the amount of feed to go, the capacity of hogs is also in the normal range, the demand is at the bottom of the bottom of the state of conservation, cliff fall.
For the policy of hog price guarantee, the price of the previous period is under the high price, the stability of grain is also in the state of guarantee supply and planting grain income.
Personal opinion, the current wheat and corn in a brief decline in the state, the decline is also in a certain magnitude, short-term view, the market there is a certain state of warming, especially by the impact of the epidemic, the current peak of the epidemic, the possibility of stopping the decline back to the rise of the year before.