Entering 2024,the domestic wheat market trend was weak,supply was sufficient,demand was weak,and market purchases and sales were relatively flat.Especially for flour processing enterprises,the level of operation was relatively low,resulting in the limited driving effect of terminal market consumption on wheat prices.After the new grain harvest was launched,due to better yield and quality than the previous year,the market supply was abundant,and wheat prices opened steadily at a low price.The purchase and sale were carried out smoothly around policy based acquisitions.Overall,it is expected that under the loose supply and demand pattern in the wheat market in the later stage,the probability of a significant unilateral rise or fall in domestic wheat prices will not be high.With the completion of the acquisition task of state-owned enterprises,market purchases and sales will revolve around flour demand,and the summer grain acquisition process will be extended compared to previous years.Cautious strategies may become the norm in the market.