China’s wheat stocks are sufficient, and the production and supply situation is improving, and the material foundation is solid.

CCTV News:March and April are the off-season of wheat processing every year, and the price is also running at a low level. However, this year, the price of wheat has fluctuated greatly. Let’s see the reporter’s investigation in Puyang, Henan Province, the main wheat producing area.

The reporter saw in a flour enterprise in Puyang, Henan Province that the vehicles that came to sell grain were scattered. Li Yanqun, a wheat grower, told the reporter that the price of wheat has experienced great fluctuations since March this year.

According to reports, affected by the rising prices of means of production and other factors, the price of wheat has been rising continuously since last year. By the first week of March this year, it reached a historical high above 1.6 yuan per catty, but it dropped sharply in the following month.

Liu Huaizeng, general manager of a flour industry group in Puyang City, Henan Province, said that at present, in the off-season of flour consumption, the overlapping epidemic situation affects logistics and transportation, and the sales volume is reduced by 10% compared with February.

Liu Huaizeng, general manager of a flour industry group in Puyang City, Henan Province:Due to the fluctuation of prices, our purchase volume has declined.

　　　　　　 In the interview, the reporter learned that after mid-April, the price of wheat rebounded slightly, which increased the uncertainty of the market. Because there are still about two months before the new wheat goes on the market, enterprises and farmers are also on the sidelines.

According to data released by the Food and Agriculture Organization of the United Nations recently, with the continuation of the conflict between Russia and Ukraine, world food prices jumped sharply in March, reaching the highest level in history. Will the high international food price have an impact on China’s wheat price? Keep looking.

The FAO Grain Price Index averaged 170.1 points in March, up 17.1% from the previous month, the highest since 1990. This is due to the soaring prices of wheat and coarse grains in the world. The main reason is that the Russian-Ukrainian conflict led to the interruption of Ukrainian and Russian grain exports, and the expected loss of exports in the Black Sea region intensified, which affected the already tight global wheat supply situation.

Although the price of wheat in the international market has risen to a historical high, China’s wheat is completely self-sufficient, and the import quota accounts for about 6% of the total domestic consumption & mdash; 7%, and a small amount of wheat imported every year is mainly used for variety adjustment, which has limited impact on China’s wheat market. In the future, domestic production and supply will mainly affect wheat prices. From the national situation, the wheat in the main producing areas has entered the jointing stage in an all-round way, and the field management has changed from promoting weakness to strengthening to growing into large ears and increasing grain weight. The transformation of seedling conditions has basically been completed and the growth is better than expected. As of April 6, the proportion of first-class and second-class seedlings of winter wheat in China was 87.9%, which was 17.4 percentage points higher than that before winter.

Cao Hui, Director of Industrial Development Research Office of Rural Economic Research Center of Ministry of Agriculture and Rural Affairs:In five provinces, 110 million mu of late-sown wheat has been generally applied with a regreening fertilizer, and the soil moisture in warm winter last year was also good, so the seedling situation changed quickly. The proportion of first-and second-class seedlings in China in early April was similar to that in the same period of the previous year, and the foundation for stable and increased production was there.

According to the market changes, the relevant state departments have also started the policy wheat auction, putting about 500,000 tons of policy wheat into the market every week. Since January, the total turnover has reached 6.723 million tons, and the turnover rate is about 98%. In addition, the intensive rotation of wheat reserves at all levels has met the grain demand of flour processing enterprises. In addition, China’s wheat stocks can meet the domestic consumption demand for more than one year, and the material foundation for ensuring stable supply and price is solid.