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After eight consecutive years of minimum purchase price increases for wheat, grain traders bet wrong this year
The National Development and Reform Commission recently announced that the 2015 minimum purchase price for wheat is 118 yuan per 50 kg (1.18 yuan per jin), unchanged from the 2014 level. As soon as the news was announced, grain traders who had stockpiled wheat at high prices in the hope of selling for a good price were stunned. One industry insider
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Egg prices plunge, officially bidding farewell to the 4-yuan era
Eggs, which had previously remained high, have recently become much cheaper. Yesterday at many supermarkets and markets in Anshan, eggs were mostly below 4 yuan/jin, with some promotional prices even below 3.5 yuan/jin. Since the second half of 2014, egg prices at their highest had approached 6 yuan/jin, and at the start of this year they remained no lower than