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Purchase Prices of the Three Major Staple Grains Fall; Experts Suggest Raising Pensions and Other Measures to Cope
[Farmers' Income May Suffer Losses of Hundreds of Billions; Purchase Prices of the Three Major Staple Grains Fall Across the Board] Since the start of autumn this year, the value of corn and wheat in major grain-producing areas has fallen to varying degrees. Corn has fallen by an average of more than 20%, with the largest drop reaching 30% compared with last year. Analysts say that this year special attention must be paid to
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How are autumn grain purchases and grain storage safety guaranteed? The National Food Administration carries out inspections
In order to effectively carry out the 2015 autumn grain purchase and autumn safe grain storage work, the National Food Administration issued on September 30 the "Notice of the Office of the National Food Administration on Effectively Carrying Out the 2015 Autumn Grain Purchase and Autumn Safe Grain Storage Work and Conducting Special Inspections" (Guoliangdian [2
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Autumn grain purchase and storage carried out effectively, in an orderly and vigorous manner; the Ministry of Finance makes arrangements
The Ministry of Finance recently released a statement saying that, as the autumn grain purchase in Northeast China is about to be fully launched, the Ministry of Finance will join with relevant departments to further improve relevant policy measures and ensure that autumn grain purchase and storage is carried out effectively, in an orderly and vigorous manner. Recently, Vice Minister of Finance Liu Kun traveled to Heilon
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The temporary corn storage policy in Northeast China must be implemented well, and enterprises should be encouraged to actively enter the market to purchase.
Since the beginning of this year, against the backdrop of ample domestic corn supply, weak industrial demand, and increased imports of substitutes, the domestic corn market has generally operated weakly, and in the second half of the year corn market prices have shown a continuous downward trend. On September 17, the state announced this year's corn
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Wheat purchase policy urgently needs further improvement under the new situation
On October 10, the National Development and Reform Commission officially announced that the minimum purchase price policy for wheat would continue in 2016, with the purchase price remaining unchanged at 1.18 yuan/jin. At this point, the wheat purchase policy commonly known as the market-support policy entered its tenth year. Ten years of market support, wheat prices (
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Policy-driven purchase of autumn grain is in full swing
According to the notice issued by the National Development and Reform Commission and 3 other ministries and commissions, Sinograin, as the entity entrusted by the state to implement the temporary corn purchase and storage policy, together with relevant parties, will launch the temporary purchase and storage of 2015 corn in Northeast China (including Heilongjiang, Jilin and Liaoning provinces and the Inner Mongolia Autonomous
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First day of northeast corn temporary storage purchase: grain prices lowered, farmers reluctant to sell
Grain prices lowered, farmers reluctant to sell and waiting to see - northeast corn temporary storage purchase launch first day observations On the 1st, the three northeast provinces launched the 2015 state temporary storage corn purchase policy. At some purchase depots, reporters saw that autumn grain purchase funds were already in place, but not many farmers had yet come
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Why is adjusting the grain purchase and storage policy imperative?
The current inversion of domestic and international grain prices has led to massive grain imports, while domestic production costs remain high; the room for protecting farmers' enthusiasm for growing grain simply by raising the minimum purchase price is getting smaller and smaller. Rationalizing the relationship between grain prices and the market has become a consensus, but the steps of adjustment should
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Food Administration Deploys Autumn Grain Purchase and Storage Work, Actively Implements the Food Security Responsibility System
China Securities Journal Online News, November 9, learned from the Food Administration that on November 6, the National Food Administration and the Ministry of Finance, together with the National Development and Reform Commission, the Ministry of Agriculture, the Agricultural Development Bank, Sinograin and other departments and units, organized a symposium in Changchun, Jilin on autumn grain purchase and storage work in Northeast China.
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Tighter Temporary Corn Storage Purchases, Prices Unlikely to Keep Rising This Year
As one of the country's important grain crops, corn prices have fallen sharply and continuously since the start of this year, with corn futures dropping all the way from a high of 2400 yuan/ton at the beginning of the year to a low of 1788 yuan/ton, as short sellers kept adding positions and the open interest in corn futures contracts repeatedly hit new highs
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