Wheat prices were higher in Hubei last week, up 18 yuan per ton over the past week. There are large price differences in both the rapeseed and wheat markets depending on the quality.
Stockpilers that are looking to source wheat from outside the province are paying 2600-2700 yuan per ton to source wheat. In comparison, some prices in Hubei for wheat are only 2400 yuan per ton due to issues with low test weights and damaged grains.
Last week, stockpilers in Hubei bid for 28.3k tons of wheat...