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Slow Sales of Corn Leave Farmers Anxious, Highlighting the Difficulty of Selling Grain
Why is such beautiful corn not being bought by anyone? A reporter went deep into rural areas of the northern Huang-Huai Plain for interviews and saw many farmers looking sorrowful and helpless in front of corn covering the ground and filling their homes. This year the price of corn is too low; now it can only sell for six or seven jiao per jin. In Fuli Ji Town, Suzhou, Anhui
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Comprehensive Market-Oriented Design for Corn Leads the Direction of Grain Price Reform
Reducing corn planting area, lowering the temporary state reserve purchase price for corn, steadily digesting existing stockpiles, and separating prices from subsidies - policies on corn have been introduced in succession over the past days. For this agricultural product, which currently has the most severe imbalance between production, supply and marketing, its price reform has become the top priority for both the government and the market.
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China's rice, wheat and corn have been in net import for 4 consecutive years
Xinhua News Agency dispatch: Although China's grain production has achieved 11 consecutive years of growth since 2004, agricultural trade has correspondingly shown a "dual normality" phenomenon of normalized trade deficits and normalized price inversions. This was learned by reporters at the 2015 (Third) China Grain and Food Safety
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Low corn prices will affect breeding direction
This year, the state introduced a new temporary corn purchase and storage policy, and the corn purchase price was reduced by 0.12 yuan/jin compared with last year (a decrease of about 10%), but the actual reaction of markets in various regions was far more dramatic than this. Corn purchase prices and futures prices generally fell by more than 20%, among which the market price in the Huang-Huai-Hai region
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Corn to be cut by more than 50 million mu within five years, involving 13 provinces
When it comes to the recent prices of China's staple grains, the first reaction of many people is fall, fall, fall! Corn, which has ranked first in China's grain output for many years, has seen its price fall for the first time in the seven years since the temporary storage policy was implemented. A reporter recently learned in some grain-producing areas of Heilongjiang
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Tighter Temporary Corn Storage Purchases, Prices Unlikely to Keep Rising This Year
As one of the country's important grain crops, corn prices have fallen sharply and continuously since the start of this year, with corn futures dropping all the way from a high of 2400 yuan/ton at the beginning of the year to a low of 1788 yuan/ton, as short sellers kept adding positions and the open interest in corn futures contracts repeatedly hit new highs
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Where will the corn market go after destocking?
As soon as the news came out that the temporary storage purchase price for corn produced in 2015 would be substantially lowered, the domestic corn market immediately entered a downward channel and fell into its most sluggish state in recent years. In this market, which has already been "policy-driven," the direction of policy dominates the trajectory of price movements. And from
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North China corn prices lack momentum for further gains
The comprehensive launch of temporary corn stockpiling purchases in Northeast China, although the purchase volume is limited, has still provided considerable support to the market, especially exerting a major influence on farmers' sentiment about selling grain, indirectly affecting short-term supply and demand and market price trends. At present, the rebound in North China has already reached a certain extent.
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Latest corn price updates: slight adjustments in domestic port areas
The corn loading price at Dayaowan and Beiliang Port in the Dalian area is 1980-2000 yuan/tonne. A trader at Bayuquan Port purchases corn at a mainstream port arrival price of 1920-1930 yuan/tonne; the loading price is 1980-2000 yuan/tonne, moisture within 14.5%, test weight 720. In the Jinzhou Port area, moisture 15
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Major Corn Policy Adjustment Promotes Rebalancing of Supply and Demand
On November 2, the Ministry of Agriculture issued the "Guiding Opinions on Corn Structure Adjustment in the 'Sickle Bend' Region," noting that at present, China's total grain supply and demand are balanced, but structural contradictions are becoming increasingly prominent. Affected by factors such as slowing growth in domestic consumer demand and the impact of imports of substitute products
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