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High-quality wheat prices are rising rapidly, and here is how the industry sees it
High-quality wheat prices are rising rapidly. In recent times, prices of high-quality strong-gluten wheat have risen rapidly across various regions, and the market for buying and selling high-quality and ordinary wheat can be described as a tale of two extremes. The reason is that some traders believe that, based on last year's experience, high-quality wheat will still have a relatively good market this year, and they have entered the market one after another to snap up supplies, with the mentality of hoarding high-quality wheat continuously strengthening. On the market-support purchase front, as market-support purchases in various regions gradually get into gear, the purchase pace is expected to accelerate, and purchase volumes will gradually expand. Supported by this, prices of new ordinary wheat will rise slightly while remaining stable, but the room for increase will be limited.
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Japonica rice market prices are expected to run steadily
Japonica rice market prices will run steadily. Affected by gradually rising temperatures and the plum rain season in the south, terminal consumer demand in the rice market has declined somewhat, and off-season characteristics are clearly evident, so processing enterprises will see even slower sales progress. Under the influence of regulatory policies, ample supply, and relatively stable demand, the domestic japonica rice market will show a steady trend, with little possibility of large fluctuations.
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Wheat prices may remain fluctuating around the floor purchase price for an extended period
Wheat prices may remain fluctuating around the floor purchase price for an extended period. Last week, new wheat began to come onto the market, and Jiangsu, Anhui and Hubei launched floor purchase. The old wheat market saw light buying and selling, and wheat prices continued to run weakly; flour prices in production areas were stable, while bran prices were stable with a slight decline. At present, domestic policy grain source inventories are high, and insufficient demand from grain-using enterprises plus too-high auction reserve prices have led to slow digestion of policy inventories, making regional warehouse capacity conflicts prominent. This will directly affect the floor purchase intensity for wheat in major production areas, greatly reducing the squeezing effect on circulating grain sources in the wheat market, and the price-lifting effect of policy purchases on wheat prices may be significantly lengthened by the purchase cycle, causing wheat prices to run around the floor purchase price for a relatively long time.</p> <p> <strong>US soybean futures prices are expected to continue fluctuating downward</strong> Last week, the port distribution price of imported soybeans continued to fall. Affected by the decline in international soybean prices, the cost of imported soybeans decreased, while demand for downstream products such as soybean meal and soybean oil did not recover noticeably, so the port distribution price of imported soybeans continued weak. The aftereffects of a global soybean bumper crop remain, US soybean planting progress is stable, and El Nino weather is also favorable for US soybean growth, making weather speculation difficult for the time being. The recent sharp rise in the US dollar exchange rate has also put downward pressure on CBOT soybean futures prices, and CBOT soybean futures prices are expected to continue fluctuating downward.</p> <p> </p>
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New rice price trend may depend on policy
New rice price trend may depend on policy Currently, temperatures in southern sales regions are also relatively high, and with more precipitation in the south this year, the storage environment is not conducive to stockpiling large quantities of rice. In addition, the phenomenon of strong rice [paddy] and weak milled rice has made the market pessimistic about milled rice price trends, and processing enterprises' enthusiasm for purchasing and processing is low.
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Industry Viewpoint: Short-Term Corn Prices Will Run Weak
Industry data monitoring shows that since mid-July, corn prices in North China had already seen a slight decline. Entering August, prices fell off a cliff, and the subsequent short-term rebound did not last long. The industry calls this a "continuous plunge" in corn prices, and the corn price-cutting storm is sweeping across the country. Corn
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Corn prices in sales areas remain stable, with market buying and selling relatively quiet
Corn prices in sales areas stable with quiet buying and selling. Currently, the overall buying and selling in corn sales area markets is quiet, with quotations mainly stable and slight rises and falls in some areas. Affected by the temporary reserve auction and the North Port's higher-price purchasing, corn from Northeast China has seen quotations in sales areas rise by 10 yuan/ton; in North China, due to emptying warehouses to collect wheat, short-term market supply is ample, and arrival prices in sales areas are mostly stable, but in some areas of Henan, due to grain quality issues, quotations in sales areas have fallen by 40 yuan/ton compared with the beginning of the month. At present, the use of substitute grains has increased noticeably, but recent market rumors that the state will strengthen ongoing and post-event supervision of imported grain and epidemic monitoring may have a certain impact on imported substitute grains.
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Corn market in Q2 may show a pattern of weakness in the north and stability in the south
Corn in Q2 may show a pattern of weakness in the north and stability in the south. In April, after the overall obvious rise in March, the domestic corn market price showed a trend of slowing gains, overall stabilization and local pullbacks. Specifically: in early April, domestic corn continued the post-Spring Festival rise. In mid-to-late April, under the influence of multiple factors such as the temporary storage corn purchase approaching its end, persistently sluggish auction transactions and overall market demand falling into a "predicament", domestic corn market prices showed a "general decline" pattern.
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Corn prices in southern sales areas are generally stable, and this is how the industry sees it
Corn prices in southern sales areas are generally stable. Currently, the enthusiasm for temporary state reserve corn purchases has declined, grain prices in production areas lack support, and prices have weakened slightly. Holders of grain in sales areas have become more calm in their mindset, purchasing imported sorghum and corn from North China and the Northwest to maintain production, and for the time being are not stockpiling in large quantities, waiting to observe the starting auction prices for Northeast corn. In the future, several main factors affecting the sales area market are the recovery of the livestock industry, the amount of imported corn, and when relocating corn will broadly begin auctions. It is precisely because these factors are not yet clear that feed mills remain observant and purchasing demand is not strong.
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Analyzing the Path of Agricultural Modernization from a Soil Science Perspective
After more than twenty years of working in soil and fertilizer experiments, due to the unexpected results of two experiments and some other opportunities, my views on soil and fertilizer underwent a great change. I had collected some materials and, in 1972, published in the semi-monthly magazine "Harvest Year" Volume 22, Issue 1
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An Analysis of Dialectical Thought and Aesthetic Viewpoints in Bonsai Making
Everything contains contradiction, and contradiction is the unity of opposites; under certain conditions, the two sides depend on each other, serve as each other's premise, and coexist in a unified whole. This is also the ideological principle of bonsai making. 1. Empty and solid: if the relationship between empty and solid is handled properly, it will make the bonsai...
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