Group 1 - The wheat harvest in China is progressing rapidly, with significant areas already harvested, particularly in Henan province, where 98.3% of the planted area has been collected as of June 8 [1] - Nationally, over 1.82 million acres of winter wheat have been harvested, with regions like Hubei, Sichuan, and Anhui completing their harvests [1] Group 2 - New wheat prices initially surged due to drought conditions affecting crop yields, but as harvesting progressed, the market adjusted, revealing that reductions in yield were not as severe as anticipated [2] - By early June, the purchase prices for wheat decreased to between 1.15 and 1.18 yuan per jin for raw grain, and 1.21 to 1.22 yuan per jin for flour enterprises [2] Group 3 - The government has increased the minimum purchase price for wheat to 1.19 yuan per jin to stabilize prices and ensure farmer income, with significant resources allocated for grain storage and purchasing [3] - A recent approval for the implementation of the minimum purchase price in Henan province aims to provide market confidence and safeguard food security [3] Group 4 - Rising corn prices have made wheat a more attractive feed option due to its higher protein content, leading to increased demand from feed enterprises [4] - The anticipated growth in wheat usage for feed is expected to positively impact the supply-demand balance and support price stabilization [4] Group 5 - The market outlook for wheat remains optimistic, supported by government policies and increasing demand, suggesting a favorable environment for grain enterprises and traders [6]
坚决打赢“三夏”攻坚战丨新麦市场新动向: 政策定盘 需求破局
He Nan Ri Bao·2025-06-08 23:37