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China's corn production hits a record high
Just as the world's attention is focused on severe weather damaging the corn yield potential in the United States and Europe, Chinese farmers are expected to harvest a record corn crop this year. In its latest monthly report released last week, the International Grains Council (IGC) raised China's corn production
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Ministry of Agriculture Deploys Corn Armyworm Prevention and Control Work, Going All Out to Secure Grain from Pest Damage
According to this website, August is an important stage for corn growth and yield formation in the main producing areas of Northeast China, North China, and the Huang-Huai region, and it is also a critical period for armyworm outbreaks. On July 30, the Ministry of Agriculture issued an urgent notice on doing a good job in corn armyworm monitoring and prevention and control, requiring relevant areas
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Modern agriculture becomes the cornerstone of Northeast China's economic revitalization
Northeast China is one of the important grain production bases of China and even the world. In recent years, various parts of Northeast China have continuously explored paths for modern agricultural development, with remarkable results. The renewal of agricultural tools, innovation in rural finance, and large-scale operation through land transfer - these distinctive reforms have enabled Northeast
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New corn market-based pricing trend becomes clear, industry views analyzed
Recent market expectations suggest that after this year's newly harvested corn comes to market, the temporary storage corn purchase policy may be discontinued; even if it is not discontinued, it is estimated that the temporary storage purchase price will be lowered, which will weaken the policy support factor for corn prices. Vice President of the Yida Research Institute of China Grain Network
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Damage from corn pests and diseases is on the rise in China
In recent years, China's corn planting area has steadily increased. In 2014, China's corn planting area reached 553 million mu, making it the grain crop with the largest planting area in China. With the adjustment of planting structure, changes in cultivation techniques, and the replacement of new varieties, China's corn pests
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China's corn imports reached 4.5 million tons in 2014/15
Since the 2014/15 year, China has cumulatively imported 3.63 million tons of corn, a year-on-year increase of 19.57%. About 2 million tons of Ukrainian corn began arriving at ports in April, and 6 shipments of US corn also arrived at ports from June to August. Therefore, China faced relatively high pressure from corn imports in June-August, and in July it will still maintain about 800,000
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Corn prices remain stable but weak, industry views and interpretation
Corn prices remain stable but weak. Entering July, from the perspective of the large domestic corn market, short-term market supply is sufficient, downstream demand remains weak, temporary storage auctions continue to be sluggish, the north-south port price inversion is severe, and corn substitutes continue to capture ports and sales area markets.
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Corn prices in the second quarter generally trended weak, industry views and analysis
Corn prices generally trended weak in the second quarter. In the second quarter, the domestic corn market fully entered the temporary storage "auction season," and its overall price trend was slightly weak. At the same time, compared with last year, the "destocking" progress of temporary storage corn was slow, market demand lacked highlights, and the market confidence index declined in tandem. In the international market, bullish and bearish factors coexisted, prices first fell and then rose, and the price spread with domestic corn continued to widen. Looking ahead, as the domestic corn market enters the lean season, discussion has reappeared about whether corn prices can repeat last year's glory. However, the oversupply situation in the domestic corn market remains difficult to reverse, and it will not be easy for China's corn market to say "rise" this summer.
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Corn auction transaction rate continues to decline, how does the industry view it?
Corn auction transaction rate continues to decline. Last week, corn purchase and sales in Northeast China were sluggish, and the temporary storage transaction volume hit a new low again; corn prices in North China rose slightly within a stable range; corn prices at southern ports were stable and slightly weak, while purchase prices at northern ports fell, marking the beginning of the destocking stage. At present,
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Why Did Colored Corn Prices Plunge So Sharply?
Colored corn, as an emerging crop in the farming industry, is not obtained through genetic modification but is simply a hybrid variety; yet it has been maligned by rumors about GMOs, causing its price to plummet. The public should also improve its understanding of genetically modified products and step out of scientific blind spots. On July 2, four
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