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2015 Corn Temporary Storage Policy May Be Announced Early
In this year's corn market, wave after wave of bearish rumors about the temporary storage policy have battered the fragile psychological defenses of industry personnel. For a time, a thick bearish atmosphere pervaded the market, industry confidence was suppressed, and those working in the sector were gripped by anxiety. A sharp cut in the temporary storage purchase price would affect growers the most.
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Is a Banana Shortage Coming? China's Market May Face a Banana Shortage in the Future
Bananas are undisputedly the staple commodity of the fruit industry. Due to declining supply from major domestic production areas and climate change, the persistently high "bull market" of 2014 brought far-reaching structural changes to the entire industry. Although supply and demand in the domestic market have returned to stability this year, industry insiders
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Cheap Western Agricultural Imports May Crush Chinese Agriculture
The impact of cheap agricultural imports on Chinese agriculture is obvious: phenomena that occurred during the era of capitalist economic crises, such as abandoned farmland, dumping milk, and slaughtering cattle, have been replayed in China. Recently, the author learned that after importing soybeans, corn,
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Falling Chinese Agricultural Prices May Weigh on Global Prices
Reference News Network reported on September 21 that Japanese media said that measured by The Economist's Big Mac index, the value of China's renminbi still appears to be undervalued. Yet the prices of the ingredients used to make this hamburger present a completely different picture, namely high
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Winter wheat planting generally assured; some areas may see consecutive autumn-winter drought
Right now, winter wheat planting is about to get underway on a large scale across the country. In order to effectively improve winter wheat planting quality, cultivate strong seedlings before winter, and lay a solid foundation for next year's summer grain harvest, the Ministry of Agriculture recently issued the "2015-2016 Technical Guidance on Wheat Autumn and Winter Planting." From
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Domestic wheat prices may see a phased rebound
The expansion of the minimum purchase price policy regions for wheat in China's main producing areas has strengthened the confidence of market participants and further supported the floor of the policy price for wheat. As the grain supply in the circulation market further decreases and flour processing enterprises consume their stocked grain, the buying and selling mentality of market participants
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Industry expects corn prices may still have room to fall around National Day
Since the announcement of the new temporary corn reserve policy, corn prices in the North China and Northeast production areas have all declined, with prices in North China falling particularly sharply, and new and old corn prices are basically the same. At the same time, the pressure from the new corn coming onto the market is gradually emerging, and the corn market at northern and southern ports remains weak.
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Ministry of Environmental Protection Says Suspected Straw Burning May Have Caused Widespread Heavy Smog Across China in Early Autumn
BEIJING, Oct. 18 (Xinhua) -- China's Ministry of Environmental Protection reported in Beijing on the 18th that suspected straw-burning fire points had been monitored in 20 provinces over the past two weeks, and the pollution prevention and control situation is grim. Just from the 15th to the 17th, North China, East China and Central China had just experienced
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Prices of the three major staple grains fall together, agricultural product price reform may accelerate
A bumper harvest without a bumper income: this autumn, farmers may not have much to celebrate. Since the third quarter, prices of the three major domestic staple grains have fallen steadily. According to statistics, corn saw the largest drop, with the purchase price falling from the year's high of 2279 yuan/ton to 1980 yuan/ton, a decline of 13.1%; the wheat purchase price fell from the year's high of
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Where exactly is the way forward for spring-sown rapeseed?
As of mid-October, the harvest of China's spring-sown rapeseed is nearing its end, with the harvest in the Inner Mongolia region basically complete, and the harvest progress in the northwestern production areas also approaching about 80%. However, constrained by the end of the national temporary storage price-support system, rapeseed from the above production areas has not only seen prices plummet,
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