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High-quality wheat prices decline amid falling demand from flour milling enterprises
Currently, the purchase price paid by grain brokers for Gaoyou 2018 is 1.30 yuan/jin, and the purchase price for Shiluan 02-1 is 1.36 yuan/jin, both down by 0.05-0.07 yuan/jin compared with the purchase prices when new wheat came onto the market in June and July, said Yang Xinshe, a wheat trader in Baixiang County, Hebei Province. Since new wheat came onto the market this year,