-
China's soybean imports hit a record high in July, corn also set a new record
China's soybean imports hit a record high in July. Data released by the General Administration of Customs show that in July 2015, China's total soybean imports reached a record 9.5 million tonnes, up 27% from the same period the previous year. This was also the first time China's monthly soybean import volume exceeded 9 million tonnes. In July, China
-
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.
-
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.
-
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
-
Corn stocks exceed 200 million tons, and the corn purchase and storage mechanism will undergo major changes
Reporters from Economic Information Daily recently interviewed several experts and learned that China's state corn reserves have accounted for more than half of the global total, with huge stockpiles waiting to be consumed. In order to cope with the nearly astronomical carryover corn stocks, China will reform and improve
-
This year's corn procurement and storage price is cut by 220 to 260 yuan per tonne
More purchasing entities, and a longer period than in previous years Last weekend, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance and other departments jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2015" (hereinafter referred to as the Notice). The Notice states that, with the approval of the State Council, this year the state will continue to implement the temporary corn storage and purchase policy in the three northeastern provinces and the Inner Mongolia Autonomous Region.
-
Corn temporary storage purchase price set at 1 yuan per jin in 2015
BEIJING (Reporter Yang Zhaokui) 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 that in 2015 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and the Inner Mongolia Autonomous Region. This year the state's temporary storage
-
Is the corn price determined by the market or dominated by policy?
The price for the state's temporary purchase and storage of corn has been finalized this year at 1 yuan per jin, at most 0.12 yuan per jin lower than last year. This is the first cut since the corn temporary storage policy was implemented in 2007. This subtle change sends a signal to the market: high-price floor
-
Industry expects corn prices may still have room to fall around National Day
Since the announcement of the new temporary corn reserve policy, corn prices in the North China and Northeast production areas have all declined, with prices in North China falling particularly sharply, and new and old corn prices are basically the same. At the same time, the pressure from the new corn coming onto the market is gradually emerging, and the corn market at northern and southern ports remains weak.
-
Lowered Temporary Corn Reserve Price: Farmers Should Not Bear the Entire Pain of Reform
Reform is necessary, and adjustment is necessary, but the pain of reform and development cannot be borne entirely by farmers. Grain is, after all, a special commodity; when farmers grow grain, it is itself a responsibility and contribution to national food security, and the cost of market fluctuations cannot
条件筛选