Consumer Staples May 18, 2022 03:34 AM (GMT+8) · EqualOcean
Recently, global grain prices have ushered in a round of rising market. Grain commodities, including corn, wheat, rice and soybeans, have increased to varying degrees during the year. Many analysts said that since the beginning of this year, under the background of continuous fermentation of factors such as the continuous tension in the geographical situation, the slow planting progress of agricultural products in the United States, the drought in Brazil, and various countries banning the export of grain commodities to varying degrees, the global grain prices have risen across the board. In the short term, the price of agricultural products may still maintain a strong momentum. At the same time, considering the limited gap of most domestic agricultural products and the high inventory level, the spillover effect of the international market is obviously insufficient to drive the continuous price of domestic agricultural products.