Zhitong Financial APP learned that on November 12, affected by the news that the planting industry chain ushered in an upward cycle, A-share agricultural planting concept stocks continued to rise. As of press time, Denghai seed Industry (002041.SZ) rose by more than 9%. Shares such as Shennong Science and Technology (300189.SZ), Tsuen Silver High-Tech (300087.SZ), Hualu Biology (300970.SZ), Longping High-Tech (000998.SZ), Su Ken Agricultural Development (601952.SH), Agricultural Development (600313.SH), Fengle seed Industry (000713.SZ) and other stocks rose.
Oriental Securities mentioned that although the current total wheat stocks are sufficient and at an all-time high, wheat is still in a tight balance in terms of supply and demand. On the supply side, since late September, northern China has encountered continuous overcast and rainy weather, resulting in wet soil and stagnant water in farmland in some areas, resulting in a substantial delay in wheat sowing date and a possible reduction in wheat production in the later stage. On the demand side, the fluctuation of the price difference between corn and wheat led to an increase in feed demand for wheat. In addition, affected by the epidemic and rising wheat prices, the downstream stock of flour has increased, prompting flour mills to increase demand for wheat, further pushing up wheat prices.
Huaxi Securities Research reported that the widening gap between supply and demand of corn supports prices that are easy to rise and difficult to fall, driving the prices of major agricultural products to maintain a moderate upward trend. In recent years, the development of the seed industry has been significantly supported by policies. effective measures such as the proposal of the seed Revitalization Action Plan, the revision of the seed Law, and the improvement of national rice / maize variety approval standards will greatly optimize the operating environment of the seed industry. it is conducive to the continuous expansion of the market share of high-quality seed enterprises with strong R & D strength. In addition, the fourth quarter is a period of intensive release of agricultural policies, and the plate is expected to welcome policy catalysis and focus on the launch of GM variety approval measures.