중국 소맥 인사이트

In the February supply and demand report, USDA experts slightly increased the forecast for global wheat production and significantly raised the forecast for global consumption, leading to a reduction in the estimate of global ending stocks for the MY 2024/25. A sharp reduction in wheat export forecasts for major exporters and imports for China led

A sharp reduction in wheat export forecasts for major exporters and imports for China led to a drop in stock prices.

CBOT wheat prices rose over January 31 – February 6. The price increased by 21.20 cents to USc/bu 587.6 over the week. China has postponed imports of around 600 K mt of wheat, mainly from Australia and Canada. In addition, China is even preparing to resell its supplies to South East Asia, again raising questions