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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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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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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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Corn port stocks recently in short supply
Current port corn stocks are insufficient to meet demand. As of August 23, stocks at the four northern ports stood at 2.401 million tonnes; after excluding temporary state reserves, imported and futures corn, the volume available for trade circulation in port stocks was 350,000 tonnes. Among the trade-circulating port stocks, the quantity of high-quality
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At present, the growth of autumn grain crops such as rice and corn is generally normal
The reporter learned from the Ministry of Agriculture on the 30th that this year China's autumn grain planting area has increased steadily, among which the growth of autumn grain crops such as rice and corn is generally normal, laying a good foundation for winning a bumper harvest of grain for the whole year. As the farming proverb says, the 15th day of the seventh lunar month determines drought or flood, and the 15th day of the eighth lunar month determines the harvest
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Corn temporary storage policy may usher in new changes
At the 2015 China Rural Development High-Level Forum recently held in Beijing, Cheng Guoqiang, Secretary-General of the Academic Committee of the Development Research Center of the State Council, said at the forum that regarding temporary purchase and storage, he personally advocates that it should be withdrawn as soon as possible. In fact, since the pilot reform of target price subsidies was implemented for cotton and soybeans last year, there have been predictions that corn would become the next variety to undergo the pilot reform of target price subsidies.
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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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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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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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Market conditions force first cut in corn temporary storage price in 7 years
The temporary corn purchase and storage policy, once rumored to be ending this year, has taken the stage again. Last Friday evening, the long-awaited 2015 temporary corn storage policy was finally announced. Liu Dong, a corn analyst at Zhuochuang Information, told the Daily Economic News that this year's temporary storage policy
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