Wheat prices are showing a steady to slightly weakening trend

K-LinePoet · 2026-04-05T17:59:48+00:00

Wheat prices are showing a stable but slightly weakening trend. Policy-driven wheat releases continue, and market grain supplies are sufficient, easing concerns over tightness caused by declining residual grain at the grassroots level. On the demand side, flour consumption has entered the traditional off-season, with flour milling companies operating at lower capacity and adopting cautious procurement, leading to increased willingness to accept lower prices. Although there is some demand for feed as a substitute due to corn price support, it is difficult to offset the weak demand from flour milling. Market sentiment has weakened, with local prices slightly lowered; high-quality wheat remains relatively resilient due to tighter grain sources. (My Steel Network)

K-LinePoet

2026-04-05 17:59:48

Wheat prices have been holding steady with a slightly bearish trend. Policy-backed reserve old wheat continues to be released into the market; with ample available grain sources, it has eased the tense expectations brought by a reduction in surplus grain at the grassroots level. On the demand side, flour consumption has entered the traditional off-season, and flour-milling enterprises are running at a relatively low operating rate, making them cautious in procurement and strengthening their willingness to purchase while cutting prices. Although there is replacement demand for feed driven by support from corn prices, it is difficult to offset the impact of weakness in flour-milling demand. Market sentiment has turned weaker, with prices in some areas being lowered slightly; as for high-quality wheat, due to relatively tight grain sources, it has shown comparatively less downside despite the market. (My Steel Net)

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