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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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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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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 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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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 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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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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Latest corn price updates: slight adjustments in domestic port areas
The corn loading price at Dayaowan and Beiliang Port in the Dalian area is 1980-2000 yuan/tonne. A trader at Bayuquan Port purchases corn at a mainstream port arrival price of 1920-1930 yuan/tonne; the loading price is 1980-2000 yuan/tonne, moisture within 14.5%, test weight 720. In the Jinzhou Port area, moisture 15
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North China corn prices lack momentum for further gains
The comprehensive launch of temporary corn stockpiling purchases in Northeast China, although the purchase volume is limited, has still provided considerable support to the market, especially exerting a major influence on farmers' sentiment about selling grain, indirectly affecting short-term supply and demand and market price trends. At present, the rebound in North China has already reached a certain extent.
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Where will the corn market go after destocking?
As soon as the news came out that the temporary storage purchase price for corn produced in 2015 would be substantially lowered, the domestic corn market immediately entered a downward channel and fell into its most sluggish state in recent years. In this market, which has already been "policy-driven," the direction of policy dominates the trajectory of price movements. And from
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