WheatThe progress of the harvest has been accelerating, but there is still rain in some producing areas, which has added uncertainty and concern to the new wheat production situationWheatUnclear. In addition, the demand support for Chen Mai has not yet been completed, so thatWheat**Still** adjustments. AlthoughWheatThe rise is too fast, the market sentiment is unstable, but there is still a buying demand for Chen Mai, and the handover of Chen is still ongoing. So for now,WheatThe market is still in the correction phase, and it is not clear where the market is headed.
Judging from the progress of the wheat harvest,WheatThe progress of machine harvesting has exceeded 20 percent, and has reached 3 percent in Henan. This indicates that the wheat harvest is progressing well, but due to the influence of the weather, there is still rain in some areasWheatThe situation of the production brings uncertainty. This is also a reason for the volatility of market sentiment.
In addition, so is the demand for Chen MaiWheat**An important supporting factor for stability. At present, there is still a certain amount of old wheat in the market, and the output of new wheat is increasing rapidly, and the handover of new wheat has not yet been completed. Therefore, the market is rightWheatdemand remains, but market sentiment is volatile, resulting inWheatUncertainty, volatility.
AlthoughWheatThe quality situation has improved, but there are still some uncertainties in the market. The range of wheat prices** is limited, which means:Wheat** Upside is also limited. The market is rightWheatThe rally is cautious, partly because of the previous oneWheat**The impact of the continuous sharp decline has not been completely eliminated, and market confidence is low; On the other hand, because of the lack of consumer demand, market sentiment cannot continue to improve. So, thoughWheat**Local**, but the overall upside is limited.
withWheatcomparatively,CornThe market sentiment is more wait-and-see. Shandong regionCornThe number of arriving trucks continues to be low, the market sentiment is relatively calm, and everyone is waiting and seeing, not in a hurry to sell grain. In addition, the Northeast region has the support of the collection and storage of directly affiliated warehouses, and the status quo has also been maintained.
However,WheatThe sharp rise and fall givesCornThe market has brought new changes. First of all, the limited space for wheat prices** also meansCornThe *** is limited. We have analyzed it before,WheatThe main reason for the rise and fall is the fear of heights and the lack of demand in the market. WheatSuddenly, after reaching a certain height, the market's fear of heights rises, and once the market sentiment falls. CornAsWheatThe brothers and sisters will also be affected by the same impact, and their upside will also be limited.
Secondly,WheatIt may flow into the field of feed and crowd outCornmarket demand. With the exception of sprouts, some are of average qualityWheatIt may also be used as feed, thus reducing pairsCornneeds. With the various appellationsWheatHarvesting and listing one after another, the market may be flooded with a large number of average qualityWheat, and then rightCornmarket demand. Therefore, it needs to be re-evaluatedCorndemand space.
Also, the coming fallCornIt can be even more difficult. Summer grain production accounts for about 1 4 of the total annual grain productionWheatThe ** are quite difficult, so there are more uncertainties in the autumn grain. ExceptWheatand orientationRiceThe probability of El Niño is rising, while weather changes are still unknown. In addition, the overall decline in food prices this year, changes in market sentiment and other factorsCornThe ** will also face a bigger game.
Wheat** Uncertainty andCornThe wait-and-see attitude of the market has made the expectations of the entire agricultural product market more complicated. WheatAlthough there has been a sharp rise and fall, in the medium and long termWheatSpace is limited, market demand is insufficient, so thatWheatThe market is still in a correction. WhileCornThe market is affectedWheat**The impact is greater, and the wait-and-see mood is obvious and affectedWheat** Restrictions. Also, the coming fallCornThere are more uncertainties that need to be approached with caution.
In general,WheatStill in a daze,CornWe have already smelled some new changes. Changes in market demand, quality differentiation and other factors have made the followingWheatUncertainty, increased likelihood. WhileCornThe market is facingWheatInflow of feed and other uncertainties, ** upside space is limited. Therefore,InvestmentsWhen participating in the agricultural product market, they need to pay close attention to market dynamics and carefully grasp market changes to avoid risks.