Bud wheat will be auctioned or occupy market share of corn

With the approval of the relevant departments, the state will conduct competitive sale of temporary stored wheat in 10-20% of the country with annual output of imperfect grains in 2009 Market participants believe that open competitive sale of wheat sprouts to feed processing enterprises and breeding enterprises will occupy the market share of corn, which is beneficial to alleviate the current corn market supply According to Zhonghua grain network on March 26, (Zhonghua grain network reporter Lu Feng): the reporter learned that with the approval of relevant departments, the state will conduct competitive sales of temporary storage wheat in 10-20% of the country with an annual output of imperfect grains in 2009 It is understood that Anhui grain wholesale trading market, Zhengzhou grain wholesale trading market (main venue) and various related online markets are responsible for the organization task of the state's temporary storage of wheat with over standard grain (10% - 20%) in 2009 The buyer is a domestic feed processing enterprise and breeding enterprise According to the requirements, the buyers who participate in the national temporary storage of wheat bidding fair are the domestic feed processing enterprises and breeding enterprises who have voluntarily signed up for participation and obtained the purchase qualification of the trans provincial stock shifting corn bidding Fair (the specific list shall be subject to the list of the trans provincial stock shifting corn bidding enterprises which has been determined by the State Food Administration) The capacity of the buyer to deal with raw grain per day when the purchase quantity is limited is based on the statistical annual report of grain and oil processing industry of the State Food Administration in 2009 The quantity of wheat purchased by the same buyer for each time shall not exceed the processing amount of the enterprise for 15 days (i.e daily processing capacity multiplied by 15 days), and the quantity of corn temporarily stored across provinces and moved from one month to another by the same buyer and the quantity of wheat with incomplete grain exceeding the standard in 2009 shall not exceed the processing amount of the enterprise for 30 days (i.e daily processing capacity multiplied by 30 days) The processing requires that the wheat purchased by the buyer shall be limited to the processing and production of feed by the enterprise, and ensure that the feed products meet the national feed hygiene standards, and shall not be processed into rations for sale, resold or stored in other enterprises (units) If the buyer's bidding for state policy grain involves payment for goods, it must be paid directly by the buyer, and may not be advanced or paid on behalf of other enterprises or individuals It is not allowed to directly or indirectly purchase the grain stored in the temporary grain storage site of the state (including the receiving and actual storage sites responsible for loans) The warehouses (enterprises) directly under the central grain reserve shall not participate in the bidding, nor arrange the local warehouses under their supervision to purchase from each other Or it will occupy part of the corn market share according to Anhui Fengyuan biochemical (9.20,0.03, 0.33%) a purchasing manager said that in 2009, due to the weather, the number of imperfect wheat grains increased in Hubei, Nanyang, Henan and other places, mainly due to the serious bud wheat phenomenon However, bud wheat can not be used for flour processing, and can be used for feed, alcohol or other industrial purposes, which is the main use of corn Open bidding for the sale of bud wheat to feed processing enterprises and breeding enterprises will squeeze corn The market share is favorable to alleviate the current corn market supply The auction floor price is concerned According to the monitoring of data center of China Grain network, as of March 25, the average price of medium yellow corn in the major grain and oil wholesale markets in China this week was 2053 yuan / ton, basically the same as last week According to the data of chinafood.com, in 2009, the state purchased about 1.64 million tons of imperfect wheat, mainly 870000 tons in Henan Province and 470000 tons in Jiangsu Province It is understood that in 2009, the purchase price of bud wheat market was between 0.7-0.8 yuan, and the lowest purchase price of ordinary medium wheat market was 0.83 yuan / Jin The auction floor price of imperfect grain wheat was not announced this time, which is the most concerned point of the market According to the manager of Fengyuan bio chemical, the price of corn is currently at a high level, while the substitution of malt wheat for corn is very high If the auction bottom price positioning is too high, it will lose its advantage, and if the price is low, it will form a certain impact on the high corn market.