Summary
Wheat prices were stable to slightly lower in April. Downstream demand has been weaker with the harvest approaching and expectations of lower prices. The crop continues to be assessed as in the same or better condition than last year despite the very late planting.
Prices
The average wheat price in Henan is 2470 yuan per ton, up 3.8% year on year, and the highest since May 2024. Prices in Hubei are 2497 yuan per ton, up 3.4% year on year, and the highest since July 2024.
Prices paid by f...