Chinese Buckwheat Kernel: Prices Are Increasing

Buckwheat Kernel

Tianjin/Dalian: New buckwheat is being harvested in the production area one after another, and the market grain sources with low moisture content are limited in the initial stage. Affected by abnormal weather such as drought and early frost during the growing season, the yield of harvested plots decreased. Grain merchants have a high price mentality, and the price of new buckwheat is generally strong.

As of September 20, the price of new raw buckwheat in Guyang and Wuchuan, Inner Mongolia, was US$7.9-8.1/kg, with a net grain and moisture content of about 17%, an increase of US$0.03-0.04/kg compared with the open scale price. Pay attention to the progress of the new buckwheat harvest, listing and downstream changes in demand.

Organic Buckwheat Kernel

DALIAN: The new buckwheat in the production area has gradually matured, and the production areas such as Inner Mongolia, Shanxi, Ningxia and Gansu are in the harvesting period. New buckwheat production has been affected by unusual weather such as drought and early frost. Grain merchants have a high price mentality, and the moisture content of new grains is high in the initial stage, and producers wait for the moisture to drop before purchasing. Prices in the main producing areas rose. Before the end of the month, the progress of the new buckwheat harvest, changes in downstream demand, and the price adjustment will be more frequent during the listing process.

Current Market Price in China for Buckwheat Kernel