WheatThe market's ** has been volatile since last year. Although this volatility is somewhat normal in the market, it is surprisingWheatThe rhythm of ups and downs has become more and more irregular. For example, after the flour enterprises raised prices and implemented the wheat harvesting policy,WheatNot only did it not fall back as quickly as expected, but it continued. At the same time, in grain reserves and local reservesWheatAuctions have seen varying degrees of **. This seemingly contradictory phenomenon has made the market confused, and the predictions of all parties on the market have become different. However, there are also some clues behind this seemingly abnormal **.
AlthoughWheat**appeared**, but the wait-and-see mood of the main body of grain holding is still very strong. Especially after the flour mills raised prices, the sentiment of selling grain did not increase as quickly as in previous years. This phenomenon may be related to the high cost of building a warehouse and the high quality of this yearWheatRelative scarcity related. CurrentWheatThe gap between ** and the cost is not large, which makes many ** merchants reluctant to sell grain immediately. In addition, this year there is a higher number of sprouts, resulting in high qualityWheatIt is relatively scarce, so some grain-holding entities choose to wait and see, or even postpone decision-making until after the year. The emergence of this wait-and-see mood makes:WheatThere was no significant increase in volume.
In stark contrast to the wait-and-see of the main body holding grain, the operation strategy of the reserve bank is more active. Whether it is the rotation of grain reserves in China or the release of local reserves, they are frequently lowered ** to promote transactions. On the one hand, the reason why the reserve bank is in a hurry to facilitate the delivery is this yearWheatThe market is highly uncertain, and in order to cope with the risk, the reserve hopes to solve the transaction problem as soon as possible. On the other hand, last year, the reserve bank was under great pressure to complete the task, in order to avoid the lag of the task and reduce the risk of price reduction, the reserve bank hopes to complete the transaction ahead of schedule. The downward adjustment of ** does increase the transaction rate, but it also givesWheatThe market brings problems: on the one hand,WheatThe gap with corn ** is getting bigger and bigger, willWheatexclusion from feed alternatives; On the other hand, flour mills are affected by declining demand and rotationWheatimpact on the risk of thisWheatThe support is relatively limited.
AlthoughWheatThe market continues, but the space is limited, and the overall market is weak. The growth of demand from flour mills was inhibited by the decline in demand from feed enterprises, and the demand of flour mills after the price increase was also easy to changeWheatand price reduction**. Flour mill synthesisProfitNot ideal, which makes rightWheat's support is limited. At the same time,WheatThe risks to the market are increasing day by day. Due to the late Spring Festival,WheatAt the beginning of the year, Hubei will face a new seasonWheatThe risk will be further exacerbated in the later stage. So, forWheatIn terms of the market, although there are some positive factors to support in the near future, on the whole, the risks outweigh the opportunities.
WheatThe market is indeed surprising, but there is also an internal logic behind it. In the face of the trend of the grain market falling from a high level this yearWheatThe market has experienced ups and downs** and has been highly volatile. It can be seen from the wait-and-see sentiment of the main body of grain holding and the strategy of promoting the exchange of the reserve that the change of ** is not accidental, but affected by a variety of factors. For individualsInvestmentsinWheatThe market should also remain vigilant and do a good job according to the market trend and its own situationInvestmentsDecision-making. AlthoughWheatThere are great risks in the market, but we cannot ignore the opportunities, and only by finding a balance between risks and opportunities can we obtain better returns. How to grasp opportunities in an uncertain market, neededInvestmentsImprove their professional quality, in-depth understanding of the market, multi-faceted analysis, and combine their ownInvestmentspolicy. Only by constantly accumulating knowledge and learning market dynamics can we be inWheatThe market is more comfortable to carry outInvestments。So, forWheat** The "magic", asInvestmentsWe must remain calm and rationally analyze the market for ourselvesInvestmentsProvide a sound basis for decision-making.