The most swift and most fierce rising trend over the past 40 years of the grain price The expert claims 70% of the responsibility is imputed to a speculator

The most swift and most fierce rising trend over the past 40 years of the grain price The expert claims 70% of the responsibility is imputed to a speculator
It was day of 30th world grain yesterday. As the saying goes: There is grain in the hand, not flurried in the heart. The international grain price has soared by a large margin since July of this year, the price of the international wheat goes up by 60% to 80% for a time, the most swift and most fierce rising trend over the past 40 years now, the international community really" has palpitation " . People can't help asking: Why did the international grain price go up continuously? Will the new round of grain crisis stage a comeback?
A stone evokes a thousand layers of waves
It initiates the grain price to rise violently that Russia exports the prohibition
Since June, the droughts that Russia wreaks havoc and forest fire that the high temperature initiates make over 10,200,000 hectares of crops fail in (equivalent to 1/5 of the cultivated area of Russian national crops) ,Russia's grain yield is expected to drop and exceed 30% this year.
In addition, main grain-producing areas of world such as Germany, Canada, Ukraine, Kazakhstan and Australia,etc. because the unusual weather drops in production by a wide margin. The German wheat is expected to drop by 20% in production, the Canadian wheat is expected to drop by 17% in production.
In order to guarantee the domestic supply and inhibit the grain price from rising, Russian government determines to forbid the grain to export temporarily. Russian Premier Putin announces on August 5, agriculturals ~s products of forbidding wheat, mixing the wheat, barley, rye and corn temporarily etc. are exported, this measure is effective during the period from August 15 this year to December 31. Ukrainian government plans to restrain the grain from exporting before the end of this year too.
As to this the international market reacts vigorously. In August of this year, the soft red winter wheat that the futures exchange of Chicago of U.S.A. completes a business transaction in September rise and stop, touch the high position over 23 months the most, go up by 80% compared with June. Receive this pulling, grain varieties such as international corn and rice,etc. price welcome a rising trend.
" the the intersection of world and the intersection of crops and prospect and grain situation " that Food and Agriculture Organization release will it be September this year say, since July of this year, the price of the international wheat has risen violently by 60% to 80%, the price of the corn goes up by about 40%.
Fund fry put into effect for push away hands greatly most
70% of the responsibility is imputed to the speculator
The expert thinks, the producing region of main grain in the world drops in production, it is the inducement that the international grain price rises violently of this year, a large number of " non- commercial held stocks person " Enter the forward market of agricultural products to speculate, it is this year the importance of the upward back of international grain price pushes hands. In the report of held stock of agricultural product futures that the American goods futures committee releases every week, " commercial held stock person " Including livestock raisering, grain exportering, buying agricultural products and reselling to the exporter's middle trader from peasant household's hand, and buy to energy businessman,etc. that the corn made ethanol, their change of held stock reflects the truth of market. And is regarded as " The non- commercial held stock person " Fund only favourable when chasing.
The root of financial group agricultural product futures analyst Tim and Hannah of one hundred profit of U.S.A. is said: "Russia encountered aridity it once in a blue moon this summer, the wheat output falls sharply, how single the fund is set about scalping this topic repeatedly and buying in a large amount at once!, make technological side overbuy seriously, cause a price of agricultural product to excessively swell. " He thought, a price of this wheat rises violently hands are that the fund is scalped if it was the most largely to push away.

|