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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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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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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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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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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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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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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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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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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
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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.
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