Recently, wheat harvesting in henan and elsewhere has been of concern to all sectors of society as a result of rainfall. As the country's wheat harvest began to be concentrated, the “wheat capture war” was often sounded。
At the same time, wheat acquisition prices have also begun to rebound, especially in the case of old wheat, which has already reached $1. 50 per pound。
According to information monitoring data from cherean, the national average price of wheat as at 31 may was $2811. 36 per ton, 2. 83 per cent higher than the previous trading day, 3. 58 per cent higher than the average price on 26 may and 5. 85 per cent higher than the average price on 12 may。
New china and china have been informed at latitudes that chen mai prices have risen significantly in recent days。
“chen mai has grown so much these past two days that we're up to $1. 55 per pound today, and we're up a cent a day.” on 1 june, mr. Lee, a wheat collector at henanjo, reported。
A small wheat buyer at the top of the anhui community also mentioned that the prices of chen mai had recently risen dramatically and that local prices of chen mai had now risen to $1. 52 per pound。
The prices of chen mai are also rising in the shandong hill. “no price can be looked at now, one price a day, rising from $1. 26 per pound to $1. 35 per pound in two or three days.” according to a food buyer in zhangchu。
Since 26 may, according to drazen, some of the henan and anhui production areas have been affected by rainfall weather, the quality of new wheat has deteriorated, flour mills have been active in replenishing chen wheat stocks, the price premium for the chen food auction has been set in exchange for boosting market momentum and low supply of grass-roots goods, leading to higher prices。
In contrast, the purchase price of new wheat is lower. “this year, wheat is different, prices are not uniform, and wheat that has not sprouts can be sold to $1. 28 per pound. Chen mai is usually more expensive than the new wheat.”。
According to the above-mentioned food collectors, the price index for new wheat is not yet available. “it was expected to be around $1. 25 per pound before, but it is difficult to say now that, as chen's prices continue to rise, it is estimated that new wheat could be sold to around $1. 3 per pound.”
In the south of the river, affected by continuous rainfall, and in parts of the country where problems such as the bulging of wheat have arisen, a number of feed plants or food traders have begun to buy lumber for use in feed processing at a price of around $0. 5-1 per pound。
“the sprouts collected by namyang are 14 per cent water at around $0. 8 per pound. The situation on this side of the week will be relatively better, and the purchase price will be higher, and we still have no specific purchase price on this side。
The staff of shandong one feed plant introduced china through the new latitude, and most of the sprouts that henan had harvested this year went to the feed plant at a price as low as 0. 5 yuan per pound. "it's much cheaper than corn. We can dry ourselves if we can pull it."
According to data from the drazen, the national average price of maize on 31 may was $2664. 15 per ton, or approximately $1. 3 per pound。
Henan province is one of china's main food-producing regions. In 2022, henan wheat production totalled 7,6254 million pounds, an increase of 198 million pounds over the previous year, or 0. 3 per cent, or one quarter of the country's total。
According to the director of the agricultural and rural department of henan department of agriculture, general sun zhong feng, he said that the whole province was in the process of securing maximum coverage for harvests in the summer, that conditions were expected to be in place on 1 june, that south of the yellow river on 2 june, and that the harvest could peak from 4 to 7 june and that the harvest was expected to be largely over by 15 june。
According to the latest published information from the agricultural rural department of henan province, as at 0800 hours on 2 june, 2,757 acres of wheat had been harvested in henan, accounting for about 32. 3 per cent of the area cultivated throughout the province。
More than henan was affected. According to news reports from the nine factions, at various highways in anhui quan district, a temporary farm machine was built to work across the district at a reception site, and the villagers, li ta (alias), waited here at 4 a. M. He wanted to find a harvester, which had collected wheat while it was clear, but had waited 12 hours without a harvester waiting. Zhang (alias) was crouched on the ground and his eyebrows were locked, and he and li-da came to the service station “back and forth” in the early hours of the morning, waiting for the machine's growing number of farmers to see no sign of the harvester。
The planting of taido liu chau (alias) tried to contact the harvester on social media such as short video, but “all that can be seen has been reserved” and the previously co-operative harvester is trapped on the side of wingnan. He had no choice but to come to the service point and learn that all the farmers were now registered and waiting, and that the harvester would be stopped to harvest wheat as soon as it appeared, without opening the service point。
According to the daily anhui newspaper, during this year's “tribunal summer”, anhui province plans to put in about 200,000 joint harvesters, with an estimated harvest rate of over 98. 5 per cent, in an effort to spend about 10 days on the province's wheat collection task。
Jwview
And the price of flour
In recent days, a large number of netizens have been spitting on social platforms, “drying a storm and rising the price of flour”, and it has been claimed that on 29, 30 and 31 may, flour was raised for three consecutive days and that a bag of 25kg flour rose by nearly $20。
On 2 june, a staff member involved in the sale of five-dollar flour confirmed the price increase to the chinese latitude, but at the same time mentioned that the actual increase was not as exaggerated as the online “$20 increase in a bag”. “a bag may have increased by more than a dozen, with varying increases, which are accounted for according to the original food cost.” according to the staff member。
As seen in a supermarket in beijing's zhongyang district, the five-dollar flour has not recently been subject to price adjustment, with a breakdown of the product categories, which varies from $25 to $32 per bag (5 kg). “no notice of price increases has been received, and it is not known whether they will increase at the next time the goods arrive.” according to the supermarket staff。
The owner of a community convenience store in the west side mentioned that there had been a recent increase in the wholesale price of five-dollar flour, with a 20-dollar increase in a bag of partial specifications, but that it had not yet been adjusted and that it was planned to sell it again。
The official network information indicates that the five-early flour group was founded in 1989 as a private company specialized in the production of flour and currently has 18 flour companies in the country, one wheat pasta company, 42 large mills, 141 modern flour production lines and 80,000 tons of daily wheat processing capacity。
Do other downstream firms raise prices for their products? On 2 june, the relevant staff of the kming food and securities department indicated to china new longitude that the kming food product had not yet been priced. “the company has some way of offsetting costs, and it does not say that when the prices of wheat and flour rise, we raise them. Although there is now a slight increase in the price of wheat purchases, overall it is lower than in the second half of last year, and the impact on the company as a whole is not yet clear.”
According to the staff member, the main production base for kmin food was in henan, one in a horse shop and the other in the new village. “there has been some influence on the horse shop, and there has been a series of rainy days during the maturity of wheat, and many support measures have been taken by the local government, but it is not clear what will happen in the end
On 31 may, in response to an investor's question, kming said that company wheat procurement costs could be under increasing pressure if the storming of henan resulted in a change in the supply and demand relationship for wheat. The company has put in place a better procurement system, and the follow-on company will also store wheat grains through multiple channels, such as food competitions and reserve auctions, to guarantee the orderly supply of the company's raw materials。
On 2 june, in response to the related issues of the change in wheat prices and the increase in prices, a letter of interview was also sent to the officials responsible for the gold dragonfish at chinese latitude, who indicated that they were currently unable to provide relevant information。
On 31 may, the governor and deputy managing director of the golden dragon fish council, shinzo niu, publicly stated that the golden dragonfish would fully cooperate with all food security efforts, that the national wheat stock was abundant and that even problems encountered in individual regions would not affect the overall supply, and that the golden dragonfish collection would be dealt with in accordance with normal years。
According to wang xiaokang, drebite information analyst, the price of flour fell and rose in may, with relatively large variations, influenced by both cost and demand. In the post-market outlook, it will take time for new wheat to be marketed to the ground floor of the flour mill, the market mentality to watch in early june or to support the price of flour, the price of flour is still operating at relatively high levels, and the supply and demand side of the market may fall as new grains are marketed, and the price of flour in mid-june may fall from the top。
In fact, the price of wheat this year was generally low compared to last year。
According to data from chulbok, the average domestic wheat price was $2811. 36 per ton on 31 may, a decline of 0. 42 per cent in the monthly ring ratio and 12. 73 per cent in the same period。
Wang xiaokang indicated that after the spring festival, the overall price centre for wheat was down. “in terms of domestic supply and demand, demand for powder production continues to fall short, while food sales are slow in the preceding period, food traders continue to bid for goods, markets are well supplied for surplus foods, and food rotation continues to be put on the market, wheat imports are increasing, overall supply exceeds demand, and prices are low.”
According to recent data published by the general customs administration on food imports, wheat imports cumulatively amounted to about 5. 98 million tons between january and april, an increase of 80. 6 per cent over the same period last year. Of that amount, 1,661. 8 million tons of wheat were imported in april, an increase of 141 per cent over the same period。
“but recently affected by rainfall, some of the new wheat quality has been compromised, and the price of good-quality grain wheat began to rebound at the end of may.” wang xiaokang mentioned。
As for the subsequent wheat industry, wang xiaokang stated that, without any further deterioration of production, it was expected that the post-wheat market would be more likely to divide, on the one hand, by lowering or lowering the price of wheat, which was affected by rain, and, on the other hand, by maintaining a relatively high price or overall level of good-quality food。
“as a whole, continuous rainfall weather affects, inter alia, wheat that continues to enter the harvest period south of the yellow river, as well as some of the pre-literated wheat varieties north of the yellow river. Some parts of the region have now begun to collect new seasons of wheat, making it difficult to speak of the whole situation before the particles return to silos. Wang xiaokang predicts that after the central harvest of wheat in mid-june, the short-term wheat supply will increase or lead to a downward trend in the overall price of the wheat market, which will reach a relatively low point, with prices rising slowly again after multiple races。
