Wheat prices fluctuate within a narrow range, with increased tug-of-war between bulls and bears

2026-04-11 21:06:36

Wheat prices fluctuate within a narrow range, with increased tug-of-war between bulls and bears. Policy-driven wheat supply continues, but grassroots grain sources are limited, and traders are hesitant to sell while also releasing stocks, causing circulation volume to fluctuate. During the off-season for flour consumption, flour mill operation rates decline, procurement becomes cautious, and only essential replenishments are made; corn weakness suppresses substitute demand for feed. Overall trading remains light, sentiment is cautious, and the short-term oscillation pattern is unlikely to change. (My Steel Network)

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