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How are the market conditions for the four major staple grains in 2019

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How are the market conditions for the four major staple grains in 2019

China's four major staple grains are rice, soybeans, wheat and corn, and staple grains, as the name suggests, are indispensable foods in our daily lives. Almost every meal needs staple grains to supplement the human body's nutrition, and the planting area of China's four major staple grains is also very extensive. However, as the planting area expands, the market conditions for staple grains will also change somewhat. So how are the market conditions for China's four major staple grains in 2019? Let's take a look together with the editor below!

1. Rice

Rice is one of China's most important staple grains, and it is almost impossible to go without rice at every meal every day. It is precisely because of the importance of rice, which is also closely related to human health, that in 2019 the state issued certain regulations for the rice market. In order to prevent excessive fluctuations in rice market prices, there is also a minimum price requirement for rice. However, since last year the market conditions for rice have declined somewhat, and various provinces have roughly reached the price-support level. This is mainly due to an overly large planting area, relatively high output, and also a considerable volume of imports.

2. Soybeans

Last year the state added planting subsidy policies for the main soybean-growing regions, with the aim of increasing the enthusiasm of soybean growers. Because planting subsidies in some regions reached about 400 yuan per mu, the soybean planting area also gradually expanded. But this also brings certain negative effects: the purchase price of soybeans fell sharply, and one jin could hardly reach 2 yuan. Although China's current soybean market is in a state of supply falling short of demand, and imports are also continuing, the market conditions for soybeans in 2019 will not be very ideal either.

3. Wheat

Wheat is a staple food in China second only to rice, and most flour-based foods are made from wheat as a raw material. However, starting in the second half of last year, the market conditions for wheat declined somewhat. According to the patterns of change in wheat market conditions in previous years, there would be a rebound before the Spring Festival. But there is still no such sign now, mainly because excessive imports have affected the prices of locally grown varieties. China's wheat storage has reached more than 80 million tons. Therefore, the wheat market in 2019 will also be overly optimistic.

4. Corn

In recent years, the market conditions and prices of corn have been continuously declining, and because of imports of high-quality foreign corn varieties, the corn market has been even more severely affected. It is impossible to keep corn prices continuously rising, but because China's corn market demand is large, corn prices will still rise slowly. Moreover, most new energy enterprises need to use corn to produce new energy, so in 2019 the corn market conditions will not fluctuate too much. However, this mainly depends on the import volume.

The above is a brief introduction to the market conditions of China's four major staple grains in 2019. Everyone can see that the market conditions for the four major staple grains will not be very good. Therefore, in 2019 the prices of staple grains will all decline somewhat, which is also a very severe test for staple grain growers, so everyone should carefully consider what is most suitable to plant before planting. That is all for today's introduction. This article is for reference only, and I hope it can help everyone!

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