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Corn price-support purchases have become a double-edged sword, and the purchase price is the key
As China's corn enters the harvest season, the issue of temporary state reserve price-support for corn has once again become a focus of attention in the industry. Although the industry has different views on the temporary reserve price-support, in the face of the current situation of overproduction of corn in China, the temporary reserve is still an important means of resolving the quantitative contradiction.
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Divergence between domestic and international corn prices forces adjustment of the temporary corn storage policy
Today, the domestic corn market has clearly shown a "three highs" pattern, that is, the highest output, the highest inventory, and the highest price market, and the domestic corn price has diverged severely from the international market corn price. Liu Hanyuan, Chairman of the Board of Tongwei Group
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Mechanical Corn Harvesting Turns the Traditional "Three Autumns" into One
The annual autumn harvest is approaching once more. Just when mechanized harvesting in many of China's corn-producing areas is still at a relatively low level, Zhucheng City in Shandong Province has already taken the lead in achieving full-process mechanization of corn production. This year, the area of mechanically harvested corn is expected to reach 850,000 mu, with the mechanized harvesting rate
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Corn May Become the Next Pilot Commodity, Temporary Storage Policy in the Works for Full Abolition
Corn May Become the Next Target Price Subsidy Pilot Commodity; Decade-Long Temporary Storage Policy Faces an End. China Times reporter Chen Yanpeng reports from Beijing. The National Development and Reform Commission, the Ministry of Agriculture and other departments are in the works to fully abolish the temporary storage policy, intending to replace it with a more market-oriented target price subsidy system.
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Where Will the National Temporary Corn Reserve Policy Go?
Since 2008, the national temporary corn storage policy has been in operation for six years now. The national temporary reserve policy was implemented for the purpose of safeguarding national food security and protecting farmers' income, and after this policy was introduced, it genuinely maximized its own value in the early period. New
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China is set to stockpile corn in large quantities for the third consecutive year, with the volume expected to reach about 4
Industry analysts say that in the 2014/15 marketing year, the Chinese government may stockpile corn in large quantities for the third consecutive year, because domestic demand is unlikely to recover quickly and a bumper harvest has left supply ample. China is the world's second-largest corn consumer; analysts say that in the 2014/15 marketing year
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A bumper corn harvest is a foregone conclusion, but market risks warrant vigilance
Golden October is exactly the harvest season in Heilongjiang, and as far as the eye can see there are endless stretches of corn and soybeans. The vast black soil has upheld this region's status as China's largest grain-producing area through its bounty. A reporter recently followed an inspection team from Harbin to Suihua, through Bei'an, past Wudalianchi, as far north as Heihe, then back through Nenjiang, Nehe and Mo Banner in Inner Mongolia, and finally returning to Harbin via Qiqihar, Longjiang and Daqing, a journey of 2,500 kilometers. Through on-site surveys, visits to farming households, seed dealers and grain purchasers, and in-depth discussions with large-scale grain growers, planting associations, state-owned grain depots and processing enterprises, it was learned that the Northern Granary will again welcome a bumper year.
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What are the reasons for this year's high corn yield in Northeast China?
Recently, the Ministry of Agriculture organized experts to conduct on-site yield measurement and acceptance of corn in Heilongjiang Province, and villager Pang Zhongge of Dongsheng Village, Wuliming Town, Zhaodong City, achieved a high yield of 1242.57 kg per mu. Researcher at the Chinese Academy of Agricultural Sciences and position expert of the National Corn Industry Technology System
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Corn arrivals slow somewhat as farmers' reluctance to sell intensifies
Spot market Northeast production region: increased supply pushes prices lower, farmers' attitudes vary Northeast production region grain supply keeps flowing in, and lower prices are the inevitable result. With rumors about reserve policy swirling, overall buying and selling in the production region has successively entered a cautious state. In the Liaoning production region, due to
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Hybrid corn inventory backlog eases somewhat, hybrid rice remains in surplus
On October 23-24, the National Agricultural Technology Extension Service Center held the 2014 National Autumn Regular Meeting on the Production, Supply and Demand Situation Analysis of Major Crop Seeds in Tianjin. The meeting analyzed the production of seeds of major crops including corn, rice, wheat, rapeseed, cotton and soybean in 2014 and
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