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Major Corn Policy Adjustment Promotes 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," noting that at present, China's total grain supply and demand are balanced, but structural contradictions are becoming increasingly prominent. Affected by factors such as slowing growth in domestic consumer demand and the impact of imports of substitute products
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Corn temporary storage price cut for the first time in 7 years, many farmers holding onto their grain and waiting
In 2014, the state launched a pilot program of target price subsidies for soybeans in Northeast China and Inner Mongolia and for cotton in Xinjiang, abolishing the original temporary storage policy and letting the market determine the prices of these two types of agricultural products. Just one year after this policy was piloted, the
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First day of northeast corn temporary storage purchase: grain prices lowered, farmers reluctant to sell
Grain prices lowered, farmers reluctant to sell and waiting to see - northeast corn temporary storage purchase launch first day observations On the 1st, the three northeast provinces launched the 2015 state temporary storage corn purchase policy. At some purchase depots, reporters saw that autumn grain purchase funds were already in place, but not many farmers had yet come
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Corn prices keep falling, but the truth is that Chinese farmers are still running a slight surplus
Introduction: Every year in August, it is the period when new domestic corn has not yet hit the market and the price of old corn rises slightly, but this year domestic corn prices have been sliding all the way down. On September 18, the National Development and Reform Commission, the Ministry of Finance, the Agricultural Development Bank and other departments jointly issued a notice that starting in November, the state temporary storage corn listing purchase price will be set at 1 yuan per jin, 0.13 yuan per jin lower than last year's temporary storage price.
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Corn procurement and storage price falls 10% from last year, the dilemma of cheap grain hurting farmers awaits resolution
"When sowing, we hoped for a good harvest, but after the autumn harvest, we often fear that grain prices won't rise and we won't get a good price, wasting a whole year's work." A farmer in Rizhao, Shandong, told the China Industry and Economy News reporter.
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Corn output up, price down, growing grain no longer profitable: large operators break contracts and abandon farmland after land transfer
The national autumn harvest is nearly complete. As the main autumn harvest crop, this year's corn output will rise again, but farmers in the main producing areas who are welcoming the bumper harvest are hardly happy. Reporters from Economic Information Daily learned in interviews in Hebei, Jilin and other provinces that the current corn purchase price is significantly
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The temporary corn storage policy in Northeast China must be implemented well, and enterprises should be encouraged to actively enter the market to purchase.
Since the beginning of this year, against the backdrop of ample domestic corn supply, weak industrial demand, and increased imports of substitutes, the domestic corn market has generally operated weakly, and in the second half of the year corn market prices have shown a continuous downward trend. On September 17, the state announced this year's corn
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Temporary Corn Storage Price Cut: Should Corn Be Planted Next Year?
This year, the temporary corn storage price was cut for the first time, and grain farmers face the worry of a bumper harvest. A reporter went to Dunhua, Jilin to investigate - Should corn still be planted next year? ■ With domestic and international prices inverted and inventories piling up, adjusting the temporary corn purchase and storage policy is imperative ■ Policy adjustments should balance the interests of all parties and let corn prices gradually return to the market
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Wheat, Corn and Other Grain Prices Are Falling: How Can the Plight of Grain Farming Be Solved?
The Shandong Academy of Agricultural Sciences recently held a training session on the "two-deep, one-shallow" simplified cultivation technique for wheat in Matou Town, Dongming County. Photo by Cao Fengqin. Falling grain prices have once again dampened farmers' enthusiasm for growing grain. They have also had a negative impact on land transfers and large-scale operations, with signs even emerging of contractors withdrawing from leased land.
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Low corn prices and severe oversupply benefit downstream industries such as cane sugar
China Securities Network News (trainee reporter Jin Jiajie) Since the second quarter of this year, corn prices have plunged all the way into a bear market. After the afternoon opening, the decline in the main corn futures contract 1605 continued to widen, with the price falling below 1800 yuan/ton. Compared with the highest price of 2500 yuan/ton in March this year, this contract has already fallen by nearly 30%. International
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