Agriculture: limited food prices and rising meat prices

Food crops: The USDA lowered the global wheat production by 15.3 million tons again. The average wheat price in the country's 200 main producing counties was 2.08 yuan/kg, an increase of 0.02 yuan from the same period of last month, and the price was 1.90 yuan/kg in the same period of last year, an increase of 0.97% from the previous period and an increase of 9.47% from the previous year. Due to sufficient domestic inventory, it is expected that there will be limited upside. . The average price of japonica rice rose to 2.70 yuan/kg, compared with 2.30 yuan/kg in the same period of last year, an increase of 17.39% year-on-year. The growth of corn in North America well offset the impact of a reduction in corn production in Europe. From the domestic point of view, the growth conditions of the main corn producing areas in the northeast are growing well. If the weather is normal in the later period, the maize production in 10 years is expected to be high. The average price of corn remained stable at 2.12 yuan/kg, compared with 1.83 yuan/kg in the same period of last year, a year-on-year increase of 15.85%.

Economic crops: China's cotton demand continues to pick up. August domestic cotton futures prices remained stable overall, and NYMEX cotton futures prices rose by 6%. With the appreciation of the renminbi and the increase in the area under cultivation in the United States, it is expected that there will be limited room for growth in the second half. Sugar August domestic and foreign sugar futures prices are relatively stable, CZCE sugar futures prices fluctuated between 5300-5500 yuan / ton, while the NYMEX shock range is 18-21 cents / lb. Liuzhou spot price is 5585 yuan / ton. Under the anticipated harvest, soybean prices in the US soybean market in August began to decline. The domestic DCE soybean main contract fell from 3,845 yuan/ton at the beginning of the month to 3,789 yuan/ton.

Agricultural and sideline products and others: Pork: Since 2009, the number of pigs has gradually declined. In January 2009, 456 million heads have reached nearly 440 million heads. The number of fertile sows has risen from 50 million heads to 46.3 million heads. The national average has appeared. The price rose from 9.8 yuan/kg in early June to 12.63 yuan/kg now. The arrival of the peak season in the fourth quarter and the decrease in the number of people in stocks, we expect the pork price will rebound in the fourth quarter. Seafood: With the recovery of the macro economy this year, seafood consumption continues to pick up. At present, Weihai Seawater Products Wholesale Market price of sea cucumbers is 176 yuan/kg, shrimp (7-9) is 120 yuan/kg, and scallops (overall goods) are 7 yuan/kg. The second half of the year is the season of winter tonic, accompanied by the peak season of consumption of sea treasures. It is expected that the price of sea cucumber will be expected to rise.