-
New rice price trend may depend on policy
New rice price trend may depend on policy Currently, temperatures in southern sales regions are also relatively high, and with more precipitation in the south this year, the storage environment is not conducive to stockpiling large quantities of rice. In addition, the phenomenon of strong rice [paddy] and weak milled rice has made the market pessimistic about milled rice price trends, and processing enterprises' enthusiasm for purchasing and processing is low.
-
Wheat prices may remain fluctuating around the floor purchase price for an extended period
Wheat prices may remain fluctuating around the floor purchase price for an extended period. Last week, new wheat began to come onto the market, and Jiangsu, Anhui and Hubei launched floor purchase. The old wheat market saw light buying and selling, and wheat prices continued to run weakly; flour prices in production areas were stable, while bran prices were stable with a slight decline. At present, domestic policy grain source inventories are high, and insufficient demand from grain-using enterprises plus too-high auction reserve prices have led to slow digestion of policy inventories, making regional warehouse capacity conflicts prominent. This will directly affect the floor purchase intensity for wheat in major production areas, greatly reducing the squeezing effect on circulating grain sources in the wheat market, and the price-lifting effect of policy purchases on wheat prices may be significantly lengthened by the purchase cycle, causing wheat prices to run around the floor purchase price for a relatively long time.</p> <p> <strong>US soybean futures prices are expected to continue fluctuating downward</strong> Last week, the port distribution price of imported soybeans continued to fall. Affected by the decline in international soybean prices, the cost of imported soybeans decreased, while demand for downstream products such as soybean meal and soybean oil did not recover noticeably, so the port distribution price of imported soybeans continued weak. The aftereffects of a global soybean bumper crop remain, US soybean planting progress is stable, and El Nino weather is also favorable for US soybean growth, making weather speculation difficult for the time being. The recent sharp rise in the US dollar exchange rate has also put downward pressure on CBOT soybean futures prices, and CBOT soybean futures prices are expected to continue fluctuating downward.</p> <p> </p>
-
New Wheat Hits the Market as Consumption Weakens; May Import Volume May Decline
Due to weak wheat consumption in China, favorable prospects for new wheat production and the gradual market launch, China's wheat imports in May are expected to decline. Wheat imports for the 2014/2015 marketing year are forecast at 1.2 million tons. This week, wheat in parts of Hunan, Jiangsu, Anhui and Henan has already
-
The 9th China International Organic Food Expo Was a Spectacular Event
From May 28 to 30, the 9th China International Organic Food Expo, hosted by the China Green Food Development Center and the Nuremberg International Exhibition Group of Germany, and organized by the China Green Huaxia Organic Food Certification Center and Nuremberg Exhibition Services (Shanghai) Co., Ltd., was held at the Shanghai World
-
Household farm income must not be lower than income from working away from home
On May 31, Chen Xiwen, deputy head of the Central Rural Work Leading Group, said at the 2015 China Agricultural Development Forum that the equilibrium point for household farm scale is to make the per capita income of grain-growing farm households no lower than that from working away from home, or even no lower than that of urban residents in the same city.
-
May grain and grain flour imports reach 2.86 million tonnes
May grain and grain flour imports 2.86 million tonnes. Data released by the General Administration of Customs on the 8th shows that in May, China exported 13,147 tonnes of rice; from January to May 2015, cumulative rice exports reached 81,296 tonnes, compared with 63,801 tonnes in the same period last year, an increase of 27.4% year on year. In May, China imported 2.86 million tonnes of grain and grain flour; cumulative imports from January to May reached 12.5 million tonnes, compared with 8.49 million tonnes in the same period last year, an increase of 47.3% year on year. China's soybean imports in May were 6.13 million tonnes, up 2.7% year on year and up 15.4% month on month. From January to May, soybean imports were 27.07 million tonnes, down 2.7% from the same period last year, with an average import price of 2,792.8 yuan per tonne, a decline of 22.8%. In May, imports of edible vegetable oil were 470,000 tonnes; cumulative imports from January to May were 2.05 million tonnes, down 33.3% year on year. ⟦4 <p> </p> <p> <strong>May grain and grain flour imports 2.86 million tonnes</strong> Data released by the General Administration of Customs on the 8th shows that in May, China exported 13,147 tonnes of rice; from January to May 2015, cumulative rice exports reached 81,296 tonnes, compared with 63,801 tonnes in the same period last year, an increase of 27.4% year on year. In May, China imported 2.86 million tonnes of grain and grain flour; cumulative imports from January to May reached 12.5 million tonnes, compared with 8.49 million tonnes in the same period last year, an increase of 47.3% year on year. China's soybean imports in May were 6.13 million tonnes, up 2.7% year on year and up 15.4% month on month. From January to May, soybean imports were 27.07 million tonnes, down 2.7% from the same period last year, with an average import price of 2,792.8 yuan per tonne, a decline of 22.8%. In May, imports of edible vegetable oil were 470,000 tonnes; cumulative imports from January to May were 2.05 million tonnes, down 33.3% year on year.</p> <p> <strong>Soybean imports rise, crushing profits may shrink</strong> Analysts said on Monday that China's soybean imports will rise further in the coming months, mainly because South American soybeans ordered earlier are arriving, which may put pressure on crushing profits. Data released by the General Administration of Customs on the 8th shows that soybean imports in May this year reached 6.13 million tonnes, 15.4% higher than in April and 2.7% higher than in the same period last year. Soybean imports in June are estimated to possibly reach as high as 8.5 million tonnes, a level close to the historical record. The reason for the import growth is that South American soybean production hit a record this year, and soybeans previously contracted for import are arriving one after another.</p> <p> Because large volumes of imported soybeans arrived in May, and the market expects soybean imports in June to hit a historic high, this has already pushed domestic soybean meal prices down to a new low in 8 years. Lower hog inventories have also hurt soybean meal demand. Analysts pointed out that soybean meal demand this year is worse than last year, and weak soybean meal prices have already led to losses in crushing in Guangdong and Guangxi. In Guangdong, spot soybean meal prices fell to 2,460 yuan per tonne, and some small traders who had previously signed contracts to buy soybean meal at 2,700 to 3,000 yuan per tonne defaulted.</p> <p> </p>
-
Domestic rapeseed gradually loses market share, may be dominated by the international market
Currently, the Yangtze River basin is in the peak season for the market release of newly harvested rapeseed. In previous years at this time, farmers growing rapeseed, oil mills purchasing rapeseed and traders would be bustling with activity: farmers actively selling, while oil mills and traders scrambled to buy up the newly harvested rapeseed, and newly pressed rapeseed oil and rapeseed meal had also begun to be supplied to the market in large quantities.
-
Rapeseed Production Halved, China May Repeat the Soybean Industry's Mistakes
Anhui is a major rapeseed-producing region in China, and Hefei, Chuzhou and Lu'an in central Anhui are key rapeseed-growing areas. Zhang Yongwen, a large-scale farmer in the area, told reporters that few people there now grow rapeseed, with wheat and rice being the main crops.
-
Severe Loss of Traditional Chinese Medicinal Material Resources: First-Ever Plan Expected to Solve the Problem
Not long ago, the "Plan for the Protection and Development of Chinese Medicinal Materials (2015-2020)" (hereinafter referred to as the "Plan") was released, proposing that Chinese medicinal materials are a unique and strategically significant precious resource of China, and that it is necessary to adhere to the combination of market leadership with government guidance, the combination of resource protection with industrial development, and the combination of increasing output with improving quality.
-
Rapeseed procurement pace accelerates, price trend may dip first and then rise
Rapeseed prices have seen a sharp decline since May. On the one hand, new rapeseed gradually came onto the market after May, increasing concentrated supply; on the other hand, as the temporary purchase and storage policy for the new-year rapeseed became clear, rapeseed prices will gradually become market-oriented. Under these two factors
条件筛选