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Ministry of Agriculture Notice: Suspension of All Product Purchase Subsidy Eligibility for Five Enterprises
Agricultural Machinery Production [2015] No. 120 To the agricultural machinery (agriculture, agriculture and animal husbandry) bureaus (departments, commissions, offices) of all provinces, autonomous regions, municipalities directly under the Central Government, and municipalities with independent planning status; the Agriculture Bureau of the Xinjiang Production and Construction Corps; the Heilongjiang Provincial General Bureau of State Farms; and the Guangdong Provincial General Bureau of State Farms: Recently, our department conducted a preliminary investigation based on a report from the Anhui Provincial Agricultural Machinery Bureau.
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National Autumn Grain Purchase Work Conference Held in Harbin
On September 18, 2015, the State Administration of Grain held the National Autumn Grain Purchase Work Conference in Harbin, Heilongjiang Province, to analyze and assess the autumn grain purchase situation and arrange and deploy the purchase work. Lu Jingbo, Deputy Director of the State Administration of Grain, presided over the meeting and delivered a speech. The meeting held that this year's autumn
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Corn temporary storage purchase price set at 1 yuan per jin in 2015
BEIJING (Reporter Yang Zhaokui) The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China recently jointly issued a notice that in 2015 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and the Inner Mongolia Autonomous Region. This year the state's temporary storage
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Notice on Launching the Minimum Purchase Price Execution Plan for Wheat and Rice
China Grain Reserves Corporation: Your company's Request for Instructions on Launching the 2015 Minimum Purchase Price Execution Plan for Wheat and Rice in Certain Regions (Sinograin [2015] No. 327) has been received. In accordance with the relevant provisions of the Notice on Issuing the 2015 Minimum Purchase Price Execution Plan for Wheat and Rice (Guoliangdiao [2015] No. 80) issued by the National Development and Reform Commission, the National Food Administration and other departments, upon study, it is agreed to launch the 2015 wheat minimum purchase price execution plan from September 22 in areas of Shandong Province other than the 8 cities of Zaozhuang, Heze, Jining, Linyi, Tai'an, Dezhou, Liaocheng and Binzhou, and to launch the 2015 minimum purchase price execution plan for middle and late rice from September 23 in Anhui Province, from September 25 in Sichuan Province, and from September 28 in Hubei Province.
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Is the corn price determined by the market or dominated by policy?
The price for the state's temporary purchase and storage of corn has been finalized this year at 1 yuan per jin, at most 0.12 yuan per jin lower than last year. This is the first cut since the corn temporary storage policy was implemented in 2007. This subtle change sends a signal to the market: high-price floor
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China's summer grain state reserve purchase volume fell 23% year-on-year this year
Since Sinograin launched the wheat state reserve purchase in Jiangsu, Hubei, Anhui, Henan and Shandong at the end of May, and launched the early indica rice state reserve purchase in Anhui, Jiangxi, Hunan and Hubei at the end of July, the purchase work has been steady and orderly, and has now entered its final stage. As of September 10, Sino
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State Administration of Grain: Preparations for autumn grain purchases basically complete
Reporters learned on the 9th from the State Administration of Grain that the State Administration of Grain recently held a national autumn grain purchase work conference in Harbin, Heilongjiang Province, to arrange and deploy the purchase work. At present, preparations in various regions are basically complete, and the autumn grain purchase work, the highlight of the year's grain purchases, is
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2016 wheat minimum purchase price remains unchanged, wheat prices expected to stop falling
The reporter recently learned from the National Development and Reform Commission that in order to protect farmers' interests and prevent "cheap grain hurting farmers," the government will continue to implement the minimum purchase price policy in major wheat-producing areas in 2016. Taking into comprehensive consideration factors including grain production costs, market supply and demand, domestic and international market prices, and the development of the grain industry
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The 2016 minimum purchase price for wheat was 118 yuan per 50 kg
Notice on Announcing the 2016 Minimum Purchase Price for Wheat, Fa Gai Jia Ge [2015] No. 2301, To the development and reform commissions, price bureaus, finance departments (bureaus), agriculture departments (bureaus, commissions, offices), grain bureaus, and branches of the Agricultural Development Bank of all provinces, autonomous regions, and municipalities directly under the Central Government: To protect farmers'
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Purchase prices for China's three major staple grains fall across the board, farmers' income could suffer losses in the hundreds of billions
A bumper grain harvest, a sharp drop in grain prices, and a plunge in farmers' income. Since the start of autumn this year, the value of corn and wheat in major grain-producing areas has fallen to varying degrees. The drop in corn prices is particularly pronounced, with farm-gate prices falling by an average of more than 20%, and the largest decline reaching 30% compared with last year
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