Wheat prices were lower over the past week in Hubei. The average market price for new Grade 3 wheat was 2432 yuan per ton, which is slightly higher than the post-harvest price last year.
Large feed companies have been more active in purchasing wheat recently. At the early stages of the harvest, the market was mostly small brokers and drying operations. This led to some uncertainty in the market, as these smaller operators were less willing to take risks on damaged wheat and were offering very lo...