One week review of wheat spot market at home and abroad

Introduction: at present, the purchase of ordered grains in the main wheat producing areas has come to an end At present, the purchase of ordered grains in the main wheat producing areas has come to an end Because there is no subsidy for the purchase of protected price grains, most grain receiving and storage enterprises hold a wait-and-see attitude, and the enthusiasm for purchase has weakened The domestic wheat market has basically remained stable At present, the purchase price of medium-sized wheat in eastern Shandong is 0.52-0.53 yuan / Jin, The purchase price of medium-sized wheat in northern Hebei is 0.51-0.52 yuan / Jin, that in central Henan is 0.48-0.49 yuan / Jin, and that in Northern Jiangsu is 0.46-0.47 yuan / Jin, the same as last week The prices of domestic wheat in Guangzhou port and Shekou port were higher than those in the previous period STC held in Fuzhou on Thursday In 2002, 36 enterprises from Fujian, Anhui, Jiangsu, Shandong, Shanghai and other places participated in the bidding at the municipal special grain reserve bidding and purchasing fair Among them, 7107 tons of red hard wheat were won by the Trade Department of Fuzhou rice company, Fuzhou flour factory, and Jiangsu Gaoyou grain and oil trade company at the prices of 1097.4 yuan / ton and 1116 yuan / ton respectively 3000 tons of white hard wheat were awarded The Ministry of trade of Fuzhou rice company, Fuzhou flour factory and Jiangsu Gaoyou grain and oil trading company have the right to purchase at the price of 1127.4 yuan / ton and 1128 yuan / ton respectively The 26707 tons of municipal special reserve grain planned to be purchased in this fair have been fully tendered, with a total transaction amount of more than 29.82 million yuan The unit price of procurement by varieties is much lower than that of zaogu (1160 yuan / ton) and red hard grain set by the government The maximum price limit of quality wheat (1160 yuan / ton) and white hard wheat (1180 yuan / ton) has saved nearly 1.22 million yuan of expenditure on reserve grain procurement STC is still in the off-season of flour enterprises, but some flour mills have started to purchase in small quantities as the new wheat ripening period is about to pass STC international market: the U.S Department of agriculture will release the world grain production and supply and demand report on Monday, which will significantly reduce world production The wheat production of four of the five major exporting countries has been reduced by more than 10 million tons, including the United States, Canada, Australia and the European Union Among them, wheat production in the United States has been reduced by 1.7 million tons to 45.89 million tons Canada's wheat production has been cut by 5 to 18 million tons, while Australia's wheat production has been cut by 3 to 20 million tons Wheat production in the EU was cut by 950000 tons to 10766 million tons The U.S Department of agriculture will reduce global wheat stocks to 138.75 million tons in 2002 / 03, the lowest level since the 1990s, due to the reduction of production US wheat spot prices rose sharply on Tuesday, with us hard red winter and brown red spring offering $175 / ton and $179 / ton FOB, up $3-4 per ton from Monday, according to the USDA report The price of hard red winter wheat in the United States has risen nearly $30 per ton in two months, and it is expected that the rise will continue The price of soft red winter wheat in the United States is expected to decline due to the increase of cheap wheat supply in France, Ukraine and India, which will attract some traditional American customers.