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China's corn imports in May increased 4.1-fold year-on-year
According to official data released by the General Administration of Customs of China, in May 2015 China imported 403,881 tons of corn, far higher than the 140,837 tons in April, an increase of 410.45% over the same period last year. In May, China imported 381,806 tons of corn from Ukraine, with no comparable data for the same period last year; from
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Selling Grain May Become Difficult Again, and Early Prevention Is Key
Thanks to the incentives of the state's agricultural benefit policies and the impetus of scientific and technological progress, China's grain production has achieved eleven consecutive years of increase. This year's summer grain harvest increased again after overcoming natural disasters such as rainy weather and pests and diseases. Increased grain production and a bumper harvest are cause for celebration, but from
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Phosphate Fertilizer Market Analysis: May Stand Alone in the Fertilizer Market
Recently, crude oil prices have fallen, affecting many related markets, but the phosphate fertilizer market has maintained a good trend over the past year, and now the months of May and June, when demand was at its lowest, have passed. After this, domestic demand will gradually start up, and even if prices fall, the pace will not be too fast.
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Early indica rice government-support purchases may decline this year
Due to consecutive bumper harvests, combined with the impact of imported rice, the domestic early indica rice market has been weak in recent years; and because the market itself has a relatively small capacity, trends are even weaker during the period in the first half of the year when reserve grain is rotated out in a concentrated manner. This year's new early rice opening price was lower than the minimum
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High-standard farmland construction pilot projects can enjoy discount interest subsidy policy starting from August
On the 21st, a reporter learned from the China Development Bank that the Ministry of Finance and CDB recently jointly issued the "Notice on Innovating Investment and Financing Models to Accelerate the Pilot of High-standard Farmland Construction." The notice states that starting from August, the two parties will adopt two methods, discount interest and subsidies, to support state-owned farms
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Agricultural Product Inventories May Hit a Record High, Hedge Funds Flee in a Hurry
From cotton to wheat, from corn to soybeans, persistently high agricultural product supplies are flooding the market like a deluge, and hedge funds cannot flee fast enough. Bloomberg News, citing a U.S. government report, said a global bumper harvest of agricultural products and slowing growth in market demand will push
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Farmers May See a Wave of Concentrated Grain Sales, Purchase Volume Expected to Grow
As this year's wheat harvest is already assured and supply is abundant, although some major producing provinces have introduced relevant subsidy policies to promote wheat purchases, such as Henan Province recently allocating 15 million yuan in fixed subsidies to cities and counties with excessive imperfect grains, the grain sources in farmers' hands and circulating in the market remain
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Corn temporary storage policy may usher in new changes
At the 2015 China Rural Development High-Level Forum recently held in Beijing, Cheng Guoqiang, Secretary-General of the Academic Committee of the Development Research Center of the State Council, said at the forum that regarding temporary purchase and storage, he personally advocates that it should be withdrawn as soon as possible. In fact, since the pilot reform of target price subsidies was implemented for cotton and soybeans last year, there have been predictions that corn would become the next variety to undergo the pilot reform of target price subsidies.
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Drones May Become the Next Generation of Agricultural Tools, Helping Farmers Herd Cattle
Drones have become one of the most frequently used terms in the past two years, because in theory they may have very broad application prospects in the future. Logistics companies want to use drones to speed up parcel delivery, oil companies want to use drones
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Corn Becomes the Focus of Structural Adjustment: A Third of the Nation's Corn Acreage May Be Converted from Grain to Forage
In Shandong, a major grain-planting province, more than 80% of grain corn is used as livestock feed, while the nation's feed grain still depends on imports of 100 million tonnes per year. Under the food security strategy, grain used for livestock feed has been brought into policy consideration. In a recent public
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