Global grain prices generally rise, experts believe that the spillover effect of the international market is limited
Published May 19, 2022
Tridge summary
Our reporter Wang Ning recently, the global grain prices ushered in a round of rising markets, including corn, wheat, rice and soybeans, and other grain commodities, which have risen to varying degrees during the year. Among them, the Chicago Mercantile Exchange (CBOT) The main wheat futures contract led the market with a cumulative increase of 63% during the year. Several analysts told the "Securities Daily" reporter that since the beginning of this year, the geopolitical situation has continued to be tense, the planting of agricultural products in the United States has been slow, the weather in Brazil has been dry, and various countries have banned In the context of the continuous fermentation of grain commodity exports and other factors, the global grain prices have risen across the board. In the short term, the prices of agricultural products may remain strong. The spillover effect of the international market is obviously insufficient for the continuous driving force of domestic agricultural product prices. CBOT grain futures prices have risen across the board. According to Wenhua Finance data, CBOT grain prices have shown a continuous upward trend since the beginning of this year, especially recently, related agricultural product futures prices have risen more and more strongly.
Original content
Our reporter Wang Ning Recently, global grain prices have ushered in a round of rising prices. Grain commodities, including corn, wheat, rice and soybeans, have risen to varying degrees during the year. Among them, the main contract of Chicago Mercantile Exchange (CBOT) wheat futures is A cumulative 63% gain during the year led the market. A number of analysts told the "Securities Daily" reporter that since the beginning of this year, under the background of continuous geopolitical tensions, slow progress in the planting of agricultural products in the United States, dry weather in Brazil, and various countries' ban on the export of cereal commodities to various degrees, global cereals have been fermented. Prices are rising across the board. In the short term, the prices of agricultural products may remain strong. At the same time, considering that most domestic agricultural products have a limited gap and the inventory is still at a high level, the spillover effect of the ...
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