New Planting Situation of Chinese Buckwheat Kernel

Inner Mongolia/Dalian: In late June, there was general rainfall in the production areas, the moisture content was improved, and new buckwheat was sown intensively. The planting area in Guyang and Wuchuan increased slightly compared with last year, while the planting area in Chifeng decreased slightly, and the area in Shaanxi, Gansu and Ningxia was basically the same as last year.

The grassroots grain sources have been wiped out, and most grain merchants have stopped harvesting, waiting for autumn purchases and sales. Individual grain merchants have a small amount of inventory, and they have a strong price-defying mentality. The price advantage of imported buckwheat is weakened, the import volume is small and the cycle is prolonged, and the price of domestic buckwheat is high and firm in the short term.

Current Market Price in China for Buckwheat Kernel

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