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Rapeseed prices plunge sharply, farmers look to policy to save the market
Anhui rapeseed procurement market quiet, policy unclear, farmers and enterprises still waiting to see. The annual rapeseed procurement has already begun. However, the rapeseed procurement market in Anhui is full of uncertainties, and many production and business entities are currently taking a wait-and-see attitude. Marketisation sud
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China's rice area at 30.37 million hectares; rapeseed output expected to exceed level of 7 years ago
China's rice area reaches 30.37 million hectares. According to estimates by the National Bureau of Statistics, in 2015 China's rice planting area increased by 0.2% over the previous year, reaching 30.37 million hectares. Among this, this year's early rice planting area was flat compared with the previous year, at about 5.8 million hectares or so. If calculated based on the per-unit yield trend of recent years, 2015 early rice output could reach a level of about 34.5 million tons. Statistics show that from May last year to now, the total transaction volume of the three types of rice was 6.79 million tons, of which early rice transactions were 810,000 tons, middle and late rice transactions were 3.32 million tons, and japonica rice transactions were 2.66 million tons. Before the new grain comes to market, the remaining policy-related rice volume is still relatively large, and the pressure on the market remains fairly significant.
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Domestic rapeseed gradually loses market share, may be dominated by the international market
Currently, the Yangtze River basin is in the peak season for the market release of newly harvested rapeseed. In previous years at this time, farmers growing rapeseed, oil mills purchasing rapeseed and traders would be bustling with activity: farmers actively selling, while oil mills and traders scrambled to buy up the newly harvested rapeseed, and newly pressed rapeseed oil and rapeseed meal had also begun to be supplied to the market in large quantities.
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Rapeseed Production Halved, China May Repeat the Soybean Industry's Mistakes
Anhui is a major rapeseed-producing region in China, and Hefei, Chuzhou and Lu'an in central Anhui are key rapeseed-growing areas. Zhang Yongwen, a large-scale farmer in the area, told reporters that few people there now grow rapeseed, with wheat and rice being the main crops.
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Rapeseed purchasing entity shifts to local level starting 2015
The reporter learned from the National Grain Administration on the 18th that starting in 2015, the entity responsible for rapeseed purchasing will shift from the central government to local governments, with local governments responsible for organizing various enterprises to carry out rapeseed purchasing. It is reported that the National Development and Reform Commission, the National Grain Administration, the Ministry of Finance, the Ministry of Agriculture, and the Agricultural Development Bank of China
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Rapeseed procurement pace accelerates, price trend may dip first and then rise
Rapeseed prices have seen a sharp decline since May. On the one hand, new rapeseed gradually came onto the market after May, increasing concentrated supply; on the other hand, as the temporary purchase and storage policy for the new-year rapeseed became clear, rapeseed prices will gradually become market-oriented. Under these two factors
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How is the rapeseed harvest quality? 2015 national survey report released
In order to understand the quality status of newly harvested rapeseed in 2015 and guide all localities in doing a good job in procurement, the State Administration of Grain organized 7 major rapeseed-producing provinces, namely Jiangsu, Anhui, Jiangxi, Henan, Hubei, Hunan and Sichuan, and in accordance with the unified national sampling and spot-check requirements, collected rapeseed
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Oilseed market adapts actively to achieve revitalization
This year the national temporary rapeseed storage policy was cancelled, and lacking government support, processing enterprises and growers are all in a state of confusion, with the new rapeseed purchase market sluggish. In addition, according to forecasts by the National Grain and Oils Information Center, in 2015 China's soybean planting area is 6.1 million hectares, an expected decrease of
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Domestic rapeseed oil supply is expected to increase in the later period
The adjustment of China's domestic rapeseed purchase policy has a diversified impact on the market. After the cancellation of the temporary state reserve rapeseed purchase policy, the market supply of domestic rapeseed oil will increase relatively, the price gap between rapeseed oil and soybean oil will continue to remain at a low level, and domestic rapeseed oil consumption will also continue
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Progress of wheat and rapeseed procurement in main producing areas as of July 25
According to statistics, as of July 25, various grain enterprises in 9 main producing areas including Henan and Jiangsu had purchased 44.92 million tons of newly harvested wheat, a decrease of 14.43 million tons compared with the same period of the previous year. Various grain enterprises in 9 main producing areas including Sichuan and Hubei had purchased 900,000 tons of newly harvested rapeseed, a decrease of
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