Wheat market expected to continue loose supply-demand pattern

Wheat market expected to continue loose supply-demand pattern Judging from the current operating conditions of the wheat market, the loose supply-demand pattern in the wheat market, coupled with the increased intensity of state policy wheat releases, and wheat continuing to maintain last year's minimum purchase price this year, the room for wheat price increases in the earlier period will not be very large. In addition, because of the floor provided by the minimum purchase price, the risk of wheat prices falling is also not great. In 2015, the main focus will be on demand from the downstream flour and feed industries for wheat, as well as future weather changes. Influenced by the warm winter weather in 2014, the risk of wheat suffering freeze damage and drought has increased this year. Weather factors will affect market participants' expectations for wheat, and the market will also fluctuate as market participants' expectations continue to change.

International soybean prices will continue to be suppressed For several consecutive years, China's soybean imports and production have moved in opposite directions, with one rising and the other falling, and China has basically acted as a demander in the world soybean market. China's soybean market conditions are increasingly affected by international factors, and at the same time have also become an increasingly important factor affecting the international soybean market. Based on the current difficulty of changing the bear market in world soybeans, domestic soybean prices have continued to fluctuate downward, the soybean market pattern continues to have supply exceeding demand, and coupled with global soybean production breaking through the 300 million mark for the first time last year and global soybean inventories remaining high, soybean prices will continue to be suppressed.