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In 2015, the temporary corn purchase and storage policy continues to be implemented in Northeast China and Inner Mongolia
Xinhua News Agency, Beijing, September 18 (Reporter Liu Yangyang) The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China recently jointly issued a notice stating that in 2015 the state will continue to implement temporary corn purchase and storage in the three northeastern provinces and the Inner Mongolia Autonomous Region
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NDRC official: Adhere to the principle of market pricing to resolve 400 billion jin of corn
Statistics show that corn inventories held by various enterprises nationwide currently exceed 400 billion jin, far above a reasonable level, with the characteristics of a stage of supply exceeding demand being obvious. In some main producing areas, an awkward situation has emerged in which the crop cannot be purchased, stored, or sold, and there is even the
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What is the recent basic growth status of corn in Northeast China?
This year, the weather in Northeast China has been fairly favorable for crop growth, and the grain filling has basically been completed, with the crop now entering the maturity stage. Recently the weather has been dry with suitable temperatures, and the solidification and dough stage have been good. If the weather continues to cooperate, in about another 10 days it will be a good time to harvest.
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Can the Temporary Corn Reserve Policy Become a Market Turning Point?
To date, the atmosphere of new grain coming onto the market in the domestic corn market is gradually intensifying, and its price can be described as falling incessantly. At the same time, although corn at southern ports and related imported grain inventories are now vastly different from two months ago, the current inventory decline is too late, and the autumn grain
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Is colored corn genetically modified? Agricultural experts: It is actually a hybrid variety
Colored corn has become a new favorite on the tables of Urumqi residents because of its good appearance and sweet taste. Recently, however, it has become caught up in some rumors about genetic modification. In response, agricultural experts say that colored corn is merely a hybrid variety and has nothing to do with genetic modification. On September 9, reporters visited Urumqi
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Corn Harvest Season Arrives, Manufacturers Face a Major Test
The busy "three autumns" season is approaching. Right now, the most anxious are probably the specialized corn harvester manufacturers and their dealers. For most corn machinery companies, this year they will likely fail to meet their established sales plans. In the large-scale sales of two-row and three-row corn harvesters
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China's 2015/16 corn production estimate revised downward
The relevant agency has revised its forecast for China's 2015/16 corn production downward to 229 million tons, 3 million tons lower than the earlier forecast, due to drought affecting some production areas in Northeast China. However, even after the downward revision, corn production still set a record high, up from the previous year's output
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With the corn market in the doldrums in 2015, how should the temporary storage policy be reformed?
This year the domestic corn market has taken a real beating. As the old saying goes: nobody loves it, nobody wants it! The corn price, which should have been supported by temporary storage purchases, instead began a volatile downward trend in April, and last year's soaring rally can be said to be gone for good. From July, the price decline widened and accelerated.
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2015 Corn Temporary Storage Policy May Be Announced Early
In this year's corn market, wave after wave of bearish rumors about the temporary storage policy have battered the fragile psychological defenses of industry personnel. For a time, a thick bearish atmosphere pervaded the market, industry confidence was suppressed, and those working in the sector were gripped by anxiety. A sharp cut in the temporary storage purchase price would affect growers the most.
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Corn Becomes the Focus of Structural Adjustment: A Third of the Nation's Corn Acreage May Be Converted from Grain to Forage
In Shandong, a major grain-planting province, more than 80% of grain corn is used as livestock feed, while the nation's feed grain still depends on imports of 100 million tonnes per year. Under the food security strategy, grain used for livestock feed has been brought into policy consideration. In a recent public
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