Grain prices continue to rise with hot agricultural shares

(Reporter Zhang Heng) Deng Hai Seed Industry (002041, stock it) has been renewed. Only four months passed by the state examination, Denghai 605, a new corn variety independently developed by Denghai Seed Industry, was reportedly unqualified by the Ministry of Agriculture. The main problems were water and germination rates. Last year, Denghai 622, which was developed by Denghai Seed Industry, has been criticized for its poor disease resistance. In the secondary market, Denghai Seed Industry has risen against the trend yesterday.

Recently, the Ministry of Agriculture issued a test result. The actual value of "Denghai 605" germination rate was 85%, and the standard value was 92%. Denghai 605 was classified as unqualified because its germination rate was lower than the standard value. Corn seeds.

In fact, just before Denghai 605 passed the national examination last year, Denghai 662, another corn variety of Denghai Seed, also experienced quality problems. Due to the poor disease resistance of this species, Shandong, Henan, etc. Some of the farmers who planted "Denghai 662" suffered more serious losses.

However, this time again the problem was exposed but almost no impact on the stock price of Denghai Seed Industry. Yesterday, Denghai Seed Industry fell in a single day and fell to close at 50.77 yuan, compared with the closing price of 49.12 yuan the day before, the increase reached 3.36%.

The reporter noted that in addition to the Denghai Seed Industry, other agricultural food stocks in Shandong, such as Xiwang Food (000639, stocks), have also shown good market conditions, and West King Foods rose by 2.11% yesterday.

Behind the “beloved” agricultural stocks such as Denghai Seed Industry and Xiwang Food, the price of food has continued to rise. Taking corn as an example, prices have risen continuously since they were listed in November last year. According to the data from the China Grain Network Data Center, the national average price of corn purchased on October 7 last year was 1,854 yuan per ton, which was about 0.93 yuan per catty. As of March 17 this year, the price has risen to 2014 yuan per ton, which is the price per catty. More than 1 yuan, an increase of nearly 9%. At the beginning of March this year, the price of major grain varieties in China rose by nearly 20% year-on-year.

Securities analysts analyzed that given the continued strengthening of inflation expectations and the impact of Japan’s increasing import demand on agricultural products, the grain-based agricultural sector will have another wave of better market conditions in the coming period, but it will come from stocks. It is said that if Denghai Seeds Industry does not pay attention to the quality of its own products, it will also be difficult to catch up with this good market.