Comprehensive Futures Price Index of Grain on June 20th

By CnAgri2013-06-21 10:58:15 Print On June 20th, unfavorable weather condition in China main wheat production areas caused germinating wheat in some areas, which led decrease of high quality wheat; meanwhile, low temperature in NE and high temperature and low level of rainfalls in Yellow-huai River areas had negative influences on production of rice and corn. Besides, depreciation of currencies has caused increase of domestic grain price index. As for international market, though transgenic wheat in America hit international price, USD depreciation still brought increase of international grain price index.



From “China Grains Market Weekly Report”