Summer harvest wheat market acquisition active
2022-12-19

After this year's summer wheat harvest went on the market, some large grain growers were reluctant to sell and hoard grain, and the progress of wheat purchase was later than last year. So, the current situation of China's wheat purchase and sale, the later price will rise sharply? In this regard, Tang Ke said, there is no need to worry about the supply of wheat, wheat prices will not continue to rise.
On the one hand, China's wheat production for many years. Since 2015, the output has been stable at more than 0.13 billion tons, which can meet the consumption of that year. The production and demand are basically balanced and the pattern of surplus in bumper years.
On the other hand, wheat stocks are sufficient, and the current stocks are roughly equivalent to one year's consumption, especially the high level of policy grain stocks and strong reserve adjustment capabilities.
In addition, the change of wheat price has the characteristics of stage. Recently, the price of corn has risen significantly. Some feed companies have increased their purchases of wheat to replace corn as feed, thereby enhancing the market's bullish expectations, and some farmers and traders' reluctance to sell has further pushed up prices. As corn prices stabilize, it is unlikely that wheat prices will continue to rise. In fact, since August, wheat prices in Shandong and other places have stopped rising and stabilized.
According to the monitoring of the State Grain and material Reserve Bureau, as of August 10, the main producing areas had purchased a total of 88.1 billion jin of wheat, 21.2 billion jin less than the same period last year. Tang Ke said that although the amount of wheat purchases has decreased compared with the same period last year, it is roughly the same as the average level in the past three years. At the same time, this year is mainly due to the reduction of policy acquisitions, and the progress of market-oriented acquisitions is basically normal, which shows that the grain source in the market is still relatively abundant, and the role of the market mechanism has been better played. Especially in recent years, with the continuous development of excellent special wheat, the proportion of orders for wine making and pastry making has increased significantly, the characteristics of excellent price are increasingly obvious, and the market-oriented acquisition is active, which has formed an alternative relationship with the national policy acquisition.
"With the advancement of the reform of the grain storage system, farmers' market awareness is gradually increasing, and the pace of grain sales is becoming more balanced, and some farmers are not in a hurry to sell grain when the market is good, which is also reasonable. Of course, it is also necessary to remind the vast number of farmers, especially large grain growers, to pay close attention to the market, not blindly follow the trend of hoarding grain, seize the opportunity to sell grain, to achieve high yield and harvest."
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