Recently, wheat prices have experienced a period of continuous decline with the launch of new wheat. However, after reaching the minimum protective price, wheat prices began to stop falling and rebounded, and the purchase price rose in many places.
Are you already feeling the changes in the wheat market? Recently, wheat prices have experienced a period of ups and downs.
Since the listing of Xinmai, the price has fallen all the way, and even fell to the minimum protective price of 1.18 yuan/jin in some places. However, now the wheat price has finally ushered in the moment to stop falling and rebound!
On June 17, the purchase price of some flour milling enterprises changed significantly.
For example, the purchase price of Yihai Kerry in Qingdao, Shandong Province was raised by 1 point to 1.235 yuan per catty; The purchase price of Mengjin Central Warehouse in Luoyang, Henan Province has also been raised by 5%, reaching 1.255 yuan / catty and so on. These data show that the wheat market is gradually recovering.
On the one hand, with the successive listing of new wheat and the increase in supply, the price will naturally fall to a certain extent. On the other hand, when the price falls to the minimum protective price, the government takes steps to intervene to protect the interests of farmers. Therefore, under the combined effect of supply and demand and policy factors, wheat prices began to rebound.
In mainland agricultural production, wheat is one of the important food crops, and its price fluctuations have a direct impact on farmers' income and livelihood. Therefore, it is important for farmers to pay attention to the dynamics of the wheat market.
Some see this as a positive sign that market demand is recovering and farmers' incomes are expected to increase. Others fear that this is a temporary phenomenon and that prices may continue to fall in the future.
Feel free to leave a message in the comment section to share your views and experiences! Let's pay attention to the changes in the wheat market and discuss the path of agricultural development.