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The corn market situation is relatively complex, with growing uncertainty
According to past convention, after entering June, domestic corn prices would continue to rise, and market purchasing and sales activities would also be very active, but the current domestic corn market situation is somewhat abnormal, mainly manifested in the weak momentum of corn price increases, with market circulation and purchasing and sales activities basically at a standstill
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Corn seed prices diverge sharply, with dominant varieties seeing notable increases
At present, spring corn planting in Northeast China is nearly finished, and summer-sown corn in the Huang-Huai-Hai region has also begun. This year's steady increase in corn planting area has driven a substantial rise in corn seed usage. Data show that corn seed prices have risen significantly this year, with an increase of
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Feasibility study report for the National Corn Seed Production Base Construction Project approved
Recently, the National Development and Reform Commission officially approved the feasibility study report for the National Corn Seed Production Base (Gansu) Construction Project. This project is the largest agricultural project in terms of investment scale in Gansu Province for many years. After the project is completed, it will effectively raise the level of standardized and large-scale production of corn seed in Gansu and even our country, as well as seed quality.
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Corn emergence later than last year, caused by sustained low temperatures
Sustained low temperatures delay corn emergence compared with last year. The corn was planted half a month ago, but because of low temperatures and frequent rain, it has not yet emerged; in previous years at this time it already had several leaves. On May 18, it was still raining, and although the Start of Summer solar term had passed, Harbin
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Symposium on the Development of the Fresh-Eating Corn Industry Held in Xindu, Sichuan
To promote the steady development of the fresh-eating corn industry in Xindu, on January 12, the Xindu District Rural Development Bureau convened Wangmin Cooperative, Fengmin Cooperative, Wanxun Cooperative, the Planting Industry Section of the Xindu District Rural Development Bureau, the Agricultural Office of Shibantan Town Government, and Shibantan Agricultural
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Promotion of the Cloud 505 corn variety in Fengqing County, Yunnan
In 2015, relying on project implementation, the Yunrui 505 variety was promoted among more than 1,950 farming households across the county, with the planting area exceeding 4,000 mu and the average yield per mu reaching more than 500 kg, an increase of more than 160 kg over the county's average yield per mu, with an increase rate of more than 49%. All farmers in the demonstration base and the science and technology demonstration village
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Major Corn Policy Adjustment to Promote 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," pointing out that at present, China's total grain supply and demand are balanced, but structural contradictions are increasingly prominent. Affected by slowing growth in domestic consumer demand and the impact of imports of substitute products
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Northeast China corn temporary storage purchase meets lower grain prices, farmers reluctant to sell and taking a wait-and-see approach
On the 1st, the three northeastern provinces launched the 2015 national temporary storage corn purchase policy. Reporters saw at some purchase depots that autumn grain purchase funds were already in place, but few farmers had come to sell corn. Because the corn temporary storage price was lowered, farmers' income from selling grain decreased, and the price signal accelerated the adjustment of planting structure.
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Industry Viewpoint: Short-Term Corn Prices Will Run Weak
Industry data monitoring shows that since mid-July, corn prices in North China had already seen a slight decline. Entering August, prices fell off a cliff, and the subsequent short-term rebound did not last long. The industry calls this a "continuous plunge" in corn prices, and the corn price-cutting storm is sweeping across the country. Corn
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Corn prices have already entered a long, drawn-out bear market, and the downward trend is unlikely to reverse in the short term
Since June, domestic corn futures prices have shown an accelerating downward momentum, and the monthly chart of the corn main 1601 contract even posted 6 consecutive declines, showing that corn prices already have bear market characteristics. Under the heavy pressures of adjustment to the stockpiling policy, massive inventory buildup, the new-season corn coming to market, and sluggish demand,
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