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Chinese domestic wheat prices have fallen since October, with Zhengzhou strong-wheat futures down about 200 yuan per tonne and recently reaching a near one-year low of 2,536 yuan per tonne. Weak food and feed demand, sales of temporary-storage wheat, and stock rotation are contributing to the decline, while traders are cutting prices to clear inventories.
Weak feed demand and additional wheat released from storage increase available supply, putting downward pressure on domestic wheat prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.