What is the price of rice now? Will the National Day go up? Forecast of Rice Market Trend in Late 2022

In the autumn season, the ears of rice are fragrant, which is also the autumn harvest season. At present, rice has entered the harvest period in various regions, and rice has been harvested in some areas.

From July to August this year, the rainfall in the Yangtze River basin was obviously less, and the high temperature and dry weather had a great influence on rice growth. Drought has occurred in many areas, and rice production has been reduced in serious areas. In some areas, drought-resistant measures have been put in place, but with little effect.

But whether it affects or not, farmers who harvest rice are most concerned about the purchase price now, so what is the current rice price? Will it go up after the National Day? Let's take a look at the market trend forecast of late rice in 2022.

What is the price of rice now?

1, Heilongjiang area

Wholesale price of rice in Hulan District, Harbin City, Heilongjiang Province 1.75 yuan/kg; Wholesale price of indica rice in wuchang city, Harbin, Heilongjiang 1.97 yuan/kg; Wholesale price of indica rice grain in Fujin City, Jiamusi City, Heilongjiang Province 1.8 yuan/kg; Wholesale price of indica rice in Wangkui County, Suihua City, Heilongjiang Province 1.69 yuan/kg; Wholesale price of japonica rice grain in Hulan District, Harbin City, Heilongjiang Province 1.5 yuan/kg; Wholesale price of japonica rice grain in Hulin City, Jixi City, Heilongjiang Province 1.3 yuan/kg; Wholesale price of japonica rice grain in Baoqing County, Shuangyashan City, Heilongjiang Province 1.73 yuan/kg; Wholesale price of japonica rice in Ning 'an City, Mudanjiang City, Heilongjiang Province 1.29 yuan/kg.

2. Jilin area

Wholesale price of japonica rice grain in Taobei District, Baicheng City, Jilin Province 1.5 yuan/kg; Wholesale price of indica rice in taonan city, Baicheng City, Jilin Province 1.3 yuan/kg; Wholesale price of hybrid rice in Fuyu City, Songyuan City, Jilin Province 1.5 yuan/kg; Wholesale price of selenium-enriched rice in Wangqing County, Yanbian Korean Autonomous Prefecture, Jilin Province 1.7 yuan/kg.

3. Anhui area

Wholesale price of indica rice in susong county, Anqing City, Anhui Province 1.28 yuan/kg; Wholesale price of indica rice in Lujiang County, Hefei City, Anhui Province 1.58 yuan/kg; Wholesale price of rice in Fengtai County, Huainan City, Anhui Province 1.7 yuan/kg; Wholesale price of glutinous rice in Wuwei City, Wuhu City, Anhui Province 1.8 yuan/kg.

4. Jiangxi area

Wholesale price of indica rice in Dean County, Jiujiang City, Jiangxi Province 1.32 yuan/kg; Wholesale price of indica rice in shanggao county, Yichun City, Jiangxi Province 1.37 yuan/kg; Wholesale price of indica rice grain in Zhangshu City, Yichun City, Jiangxi Province 1.32 yuan/kg; Wholesale price of indica rice grain in Gao 'an City, Yichun City, Jiangxi Province 1.33 yuan/kg; Wholesale price of hybrid rice in Dean County, Jiujiang City, Jiangxi Province 1.23 yuan/kg; Wholesale price of hybrid rice in Linchuan District, Fuzhou City, Jiangxi Province 1.32 yuan/kg; Wholesale price of hybrid rice in Qianshan County, Shangrao City, Jiangxi Province 1.4 yuan/kg.

5. Hubei area

Wholesale price of rice in Jingzhou District, Jingzhou City, Hubei Province 1.34 yuan/kg; Wholesale price of rice in Qichun County, Huanggang City, Hubei Province 1.27 yuan/kg; Wholesale price of rice in Macheng City, Huanggang City, Hubei Province 1.28 yuan/kg; Wholesale price of indica rice grain in Xiangzhou District, Xiangyang City, Hubei Province 1.28 yuan/kg; Wholesale price of indica rice grain in Dongbao District, Jingmen City, Hubei Province 1.45 yuan/kg; Wholesale price of indica rice in Shashi District, Jingzhou City, Hubei Province 1.32 yuan/kg; Wholesale price of indica rice in honghu city, Jingzhou City, Hubei Province 1.38 yuan/kg; Wholesale price of hybrid rice in Anlu City, Xiaogan City, Hubei Province 1.34 yuan/kg.

Remarks: The price of rice is influenced by factors such as origin, variety and quality. The above prices of agricultural products are all from the wholesale quotation of Huinong. Com is for reference only.

Will the price of rice go up on National Day?

1, output exceeds demand.

Since the end of June, the high temperature and little rain in most areas of the Yangtze River basin have a great influence on the growth of middle and late rice.

Although the rice production in the south is reduced, the rice harvest in the north is in sight, and the overall rice output in the country may still exceed demand, and the output may be better than expected. In addition, China's rice stocks are high, and there is a great supply pressure for the price increase in the rice market.

2. The Federal Reserve raised interest rates substantially.

Under the aggressive interest rate hike by the Federal Reserve, global commodities fell sharply, and the high prices of wheat, corn and other grains fell sharply. In the case of a sharp drop in global commodities, it is difficult for rice that is not in short supply to be immune to it, and the probability of falling back later is very high, and the price of rice falls, which affects the price of rice.

3. Frequent domestic epidemics

This year, the frequency and scope of outbreaks in China have increased, resulting in a sharp decline in personnel mobility, the biggest impact on tourism and catering, and a sharp decline in restaurant food, resulting in a decline in rice demand, which is lower than the same period last year.

In addition, after the National Day, rice demand will enter the traditional off-season, so it is expected that the follow-up rice trend will be weak.

In the case that the output exceeds the demand and the terminal demand is difficult to change obviously, the price of rice is worrying about rising around the National Day, but high-quality rice is still favored by the market. It is expected that the price of new rice will be differentiated due to the quality of the main producing areas.

Forecast of Rice Market Trend in Late 2022

At present, the arrival of the National Day holiday has not driven the recovery of rice terminal demand. However, the quality deviation of mid-late rice that has been listed in the main producing areas at present, and some rice processing enterprises have increased the market procurement of high-quality old rice, which makes the price of old rice soar all the way.

However, with the maturity of mid-late rice, the acceleration of harvesting progress and the arrival of peak season, the supply pressure of new rice is also increasing. Rice with good variety and quality is welcomed by the market, and there is room for price increase.

However, the quality of the local rice affected by the disaster is lower than the national standard, and the quality does not meet the processing requirements, nor does it meet the policy grain purchase standards, so there may be purchase and sale problems.

Considering the basic situation of supply and demand, the price of mid-late indica rice with good quality will have some room to rise. However, due to the sharp increase in domestic rice imports this year, the supply pressure in the domestic rice market has intensified, and it is expected that there will be limited room for the rise of indica rice in the middle and late years.

The above is an analysis of the trend of rice prices. This year, the prices of agricultural materials and fertilizers have risen, and irrigation and labor costs in arid areas have increased. The overall cost is higher than in previous years, but it is a foregone conclusion that some areas are seriously affected. Therefore, it is suggested that farmers should not be reluctant to sell, and the increase in middle and late rice is limited. If it is high-quality rice, you can wait and see. If it is inferior, it is recommended to sell it in time.