Group 1 - The core point of the article indicates that the main contract for strong wheat futures remains unchanged, closing at 3050.00 yuan [1] - The National Development and Reform Commission has set the total grain import tariff quota for 2026 at 9.636 million tons for wheat, with 90% allocated for state-owned trade quotas [2] - Analysts predict that the global ending stock of wheat for the 2025/26 season will be approximately 266.572 million tons, with estimates ranging from 264.1 to 268 million tons, compared to the USDA's previous estimate of 264.06 million tons in September [2] Group 2 - Iran has reported importing wheat from Caspian Sea countries [3] - As of the week ending October 3, the deliverable inventory of wheat at CBOT was 55.463 million bushels, a decrease of 1.63% from the previous week and a 3.24% decrease from the same period last year [3]

Core Points - The National Development and Reform Commission has announced the details for the 2026 grain import tariff quota application and allocation [1] Group 1: Grain Import Tariff Quotas - The total grain import tariff quota for 2026 is set at 2,215.6 million tons, which includes 963.6 million tons for wheat, 720 million tons for corn, and 532 million tons for rice [1] - For wheat, 90% of the quota will be allocated to state-owned enterprises [1] - For corn, 60% of the quota will be allocated to state-owned enterprises [1] - For rice, the quota is divided into 266 million tons for long-grain rice and 266 million tons for medium-short grain rice, with 50% allocated to state-owned enterprises [1]