Grain reserves in wheat have come to the fore

Mondo Entertainment Updated on 2024-02-08

Grain reserves in wheat have come to the fore

Overall, wheat is stable.

At present, the domestic wheat market is basically in a stable state, and few companies have issued price increases. This is mainly due to the approaching end of the year, as well as snowfall and snowfall in several provinces, which brought trading to a halt during the Chinese New Year. Many companies are on vacation, and there are more and more notices of suspension of purchases.

For example, Shandong's Tianbang Grain and Oil Company has announced that it will be closed from February 3 (the 24th day of the twelfth month of the lunar calendar) until February 15 (the sixth day of the first lunar month) to resume work. The wheat harvest will be suspended from February 3 (the 24th day of the 12th month of the lunar calendar), and the scheduled unloading time will also resume on February 16 (the 7th day of the first lunar month) next year. Henan Sifeng Flour*** has started its vacation since February 3, and the specific recovery date is expected to be announced. Yihai, Shijiazhuang, Hebei Province stopped buying from February 3 and resumed mining at 8:30 a.m. on February 18. Hebei Shenzhou Wudeli, Shaanxi Weinan Wudeli and other companies will also suspend purchases on February 27 (February 16), and start procurement after the seventh day of the New Year (February 16).

As enterprises, grassroots, middlemen, and logistics personnel are on vacation, the range of up and down wheat this year should be very limited. However, the political problem has not yet been resolved. The delivery of various places and temporary warehouses is still ongoing. China grain reserves are the main body of the best grain reserves, and they have recently shown some abnormalities. A few days ago, the company's Henan branch temporarily increased the bidding amount, but later revoked it and re-invested the original bidding amount and amount. After that, China Grain Reserves also suddenly revoked bilateral procurement and unilateral bidding in many provinces, and then all of them were stopped. However, on the evening of 6 February, the China Grain Reserve Company issued another announcement and added a huge order. It is reported that China Grain Storage Henan Company will put a total of 47,547 tons of wheat from 2017 to 2022 into the market on February 5.

This series of actions gives people the illusion that the grain reserves are "crazy", and the actions are frequent and very positive, and the most excessive thing is that their attitudes have changed so quickly and so quickly. It's amazing. However, what is certain is that the current policy is very flexible and flexible in the way the market is regulated. In addition, China's grain import methods are also becoming more and more diversified, due to the abundant global food supply, grain prices, grain supply can be well guaranteed. At present, the demand of China's flour enterprises is small, wheat is gradually withdrawn from feed, and the overall pattern of supply and demand balance has not changed. Therefore, the space for the rise of the ** in the later stage is still suppressed.

Wheat** tends to be stable.

Although the behavior of grain storage in China has attracted some attention recently, the current domestic wheat ** is generally relatively stable. First, the Spring Festival is approaching, coupled with continuous rain and snow, which makes procurement and sales gradually slow down; Many businesses are on vacation and have suspended wheat purchases. This led to a sharp drop in wheat trading volumes, while the overall market became calmer.

At the same time, the state's macroeconomic regulation and control of economic development has also played a certain role. The implementation of local and temporary storage continues to ensure the stability of market supply. At the same time, the world's wheat supply is abundant, its import routes are diverse, and its cost is low. In this way, the grain supply in China's grain market is guaranteed, and at the same time, the demand for grain by China's grain production enterprises is also guaranteed. Although the demand for wheat is relatively low, the overall supply and demand have reached an equilibrium state, so it is still relatively stable.

It is worth noting that the recent sudden move to reserve grain has also added some uncertainties to the market. The distribution of grain from the Central Reserve appears to have been hasty and frequent, with several changes. This has had some impact on the operation of **, and at the same time, it has also exacerbated the uncertainty of **. However, it also reflects the flexibility of monetary policy. China Grain Reserves has the ability to meet the needs of various markets and adjust the reserve amount and reserve strategy in a timely manner, thus ensuring the smooth operation of the grain market. This is conducive to the smooth development of the world.

Overall, although constrained by many factors, the overall trend is relatively stable. A series of macroeconomic regulation and control by the state have ensured the stability of grain supply, and at the same time, the global grain supply is abundant and prices are low, which is also an important guarantee for food security. Although the behavior of grain storage in China has increased the uncertainties in the market to a certain extent, due to the flexibility and flexibility of the national policy, it can be continuously adjusted according to the needs of the market. It is foreseeable that this year's wheat will continue to be stable.

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