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Corn prices keep falling step by step, and the pressure to release state reserves is great
Recently, the Ministry of Agriculture held a symposium on agricultural structural adjustment for the four northeastern provinces and regions in Changchun, Jilin Province, specifically requiring the four northeastern provinces and regions to reduce corn planting area. The author believes that since 2008, the bull market feast in which corn output and prices rose together due to state reserve purchases will
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National Agricultural Products Wholesale Price Index rises and falls on July 14, 2015
According to monitoring by the Ministry of Agriculture, on July 14 the National Agricultural Products Wholesale Price Index was 204.42, down 0.21 points from yesterday, among which the "Vegetable Basket" Products Wholesale Price Index was 205.80, down 0.33 points from yesterday. As of 14:00 today, at the national agricultural products wholesale market, the average price of pork
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National Agricultural Products Wholesale Price Index rises and falls on July 23, 2015
According to monitoring by the Ministry of Agriculture, on July 23 the National Agricultural Products Wholesale Price Index was 205.59, up 0.31 points from yesterday, of which the Basket of Vegetables and Other Food Products Wholesale Price Index was 207.41, up 0.61 points from yesterday. As of 14:00 today, at the national agricultural products wholesale market, the average price of pork
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Have the poor fallen into a structural poverty trap?
In a broad sense, poverty alleviation mainly refers to two aspects: the reduction of absolute poverty and the narrowing of inequality. Over the past 30-plus years, China's alleviation of absolute poverty has been very obvious. Nowadays in many places, whether a household in a poor village owns a bicycle, motorcycle, TV set, etc. can no longer serve as a standard for judging whether it is poor.
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International Grain Prices Fall: How Can Grain Enterprises Share the Benefits?
A report recently released by the World Bank states that international market grain prices fell 14% between August 2014 and May 2015, dropping to a 5-year low. The report, titled "Food Price Watch," says that affected by low oil prices, global grain supply was ample in 2014, and bumper harvests of wheat, corn and rice were in sight in 2015; these factors caused international grain prices to fall sharply.
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Agrometeorological Conditions: Rainfall in Jiangnan and South China Helps Increase Soil Moisture
On the 13th, scattered heavy rainfall occurred in Jiangnan, northern Guangxi, and the eastern part of the Southwest region. Among these areas, parts of southern Zhejiang, Fujian, Jiangxi, central and southern Hunan, northern Guangxi, southern Guizhou, the Sichuan Basin, and southern Yunnan received 50-110 mm of rain, while localized areas in Wenzhou, Zhejiang
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Rise and Fall of the National Agricultural Products Wholesale Price Index on August 20, 2015
According to monitoring by the Ministry of Agriculture, on August 20 the National Agricultural Products Wholesale Price Index was 214.36, up 0.23 points from yesterday, among which the "Basket of Vegetables" Products Wholesale Price Index was 217.72, up 0.36 points from yesterday. As of 14:00 today, at the national agricultural products wholesale market, the average price of pork
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High-quality wheat prices decline amid falling demand from flour milling enterprises
Currently, the purchase price paid by grain brokers for Gaoyou 2018 is 1.30 yuan/jin, and the purchase price for Shiluan 02-1 is 1.36 yuan/jin, both down by 0.05-0.07 yuan/jin compared with the purchase prices when new wheat came onto the market in June and July, said Yang Xinshe, a wheat trader in Baixiang County, Hebei Province. Since new wheat came onto the market this year,
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Why international grain prices have fallen back to levels last seen 6 years ago
Without notice, international grain prices have returned to the low point seen during the 2008 financial crisis. The prices of wheat, corn, rice and soybeans have all fallen by more than 50% from the highs they rebounded to after the crisis. Although the drop in rice prices was less than 50%, because the rebound high during the crisis was not high enough, the current absolute price level is in fact substantially lower than the lowest level during the crisis.
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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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