date:Jul 04, 2013
China National Grain and Oil Information Centers forecast in May. Recent rains in the main production areas have caused wheat plants to lodge and delayed the harvest. Wheat grain quality has suffered as some of the grain germinated in the plant before it could be harvested.
Wheat price keeps high after harvest this year, Fu said, noting that the current elevator price is about US$10.27 per bushel, higher than the government purchase price at US$9.82 per bushel.
Wheat-corn price spread could b