China News Service, July 30. Tang Ke, Director of the Department of Market and Information Technology of the Ministry of Agriculture and Rural Affairs, said on the 30th that the impact of the heavy rains and floods in Henan on the grain market is partial and short-term, and has a relatively large impact on China’s grain production and supply. limited.
Data map: From 19 to 22, Anyang, Henan suffered heavy rainfall, with an average rainfall of 304.6 mm.
The picture shows flooded farmland.
Photo by China News Agency reporter Zhang Chang
On the 30th, the Ministry of Agriculture and Rural Affairs held a press conference to introduce the current situation of agricultural disaster relief.
A reporter asked at the meeting: What impact will the disaster in Henan and other places have on China's grain market?
Will it cause fluctuations in domestic food prices, and what will be the purchase and sales and market trends of wheat and corn in the main producing areas in the later period?
In this regard, Tang Ke said that Henan is the main producing area of winter wheat and summer corn in China. After the severe floods in some areas this time, everyone is more concerned about whether the operation of China's grain market will be adversely affected. The Ministry of Agriculture and Rural Affairs has also strengthened this aspect. Scheduling analysis.
Judging from the monitoring situation, China's grain prices have not experienced significant fluctuations, and market operations have remained basically stable.
Among them, the purchase and sales of the wheat market were generally normal, and the price continued to show a steady but weak trend.
According to Tang Ke, as in previous years, the wheat in Henan has basically been harvested around the end of June.
Due to the high yield and good quality of wheat this year, market purchases and sales are active. The initial purchase price per catty was generally about 1 cent higher than last year. With the increase in the number of listings, the progress of farmers' grain sales accelerated, and the market purchase price stabilized slightly.
After the heavy rainfall disasters in Zhengzhou, Xinxiang and other places this time, it was more difficult for some farmers and traders to keep grain in their hands, and the willingness to sell grain was strengthened, which led to the continued weakening of wheat prices, but the decline was not significant.
According to the schedule, the average purchase price of common wheat in the main producing areas on July 26 was about 1.25 yuan per catty, which was about 1 cent lower than before the disaster.
The price of corn rose slightly in some areas, and the national market did not change much.
Since last year, the price of corn has risen sharply, which has attracted great attention from all parties in the market. Starting from June this year, as the tight supply situation eased, the price of corn has fallen from high levels.
After the heavy rain disaster in Henan and other places, the market worried that corn production and supply would be affected. Prices in some parts of North China rebounded slightly in the short term. The purchase price rose by 2-3 cents per catty, but it did not drive the increase in national corn prices.
On July 26, the national average purchase price of corn was about 1.3 yuan per catty, which remained basically stable.
Tang Ke said that from the perspective of the international market, there has been no significant fluctuations in the near future, and the overall trend is still high and fluctuating.
On July 26, the closing prices of the main wheat and corn contracts on the Chicago Board of Trade both fell from a week ago.
Tang Ke said that, in general, although the operation of the grain market is affected by many factors such as market expectations and capital speculation, it mainly depends on the fundamentals of supply and demand.
The impact of the heavy rains and floods in Henan on the grain market is partial and short-term, and has a relatively limited impact on China's grain production and supply. At this point, the judgments and expectations of all parties in the market are basically the same.
This year, China’s summer grains have been harvested abundantly, and autumn grains are growing well. In addition, the total grain stocks are sufficient, and the foundation for food supply and price stabilization is solid. Grain prices are expected to remain stable in the later period.
It is worth noting that the summer is hot and rainy, the grain is not easy to keep, and the demand for flour is currently in the low season. The price of low-quality wheat may continue to weaken. The Ministry of Agriculture and Rural Affairs reminded some farmers and traders in the affected areas that still have surplus grain in their hands. Store grain scientifically and sell grain in an orderly and timely manner to prevent losses caused by damp, mildew and price drops.