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Rising and falling agricultural product prices do not mean the government stays out; NDRC responds
The State Council Information Office held a press conference at 10 a.m. on October 21 in the press conference hall of the State Council Information Office. Xu Kunlin, director of the Price Department of the NDRC, said that so far, after deregulating the tobacco leaf purchase price, agricultural product prices are completely formed by the market, with no
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Grain prices too low hurt farmers again, with low grain prices and piled-up stockpiles the main causes
China had a bumper grain harvest this year, but farmers are hardly happy, because the sharp drop in grain prices could send their incomes plunging. Since the start of autumn, corn and wheat prices in the main grain-producing areas have all fallen to varying degrees. The drop in corn prices has been especially pronounced, with farm-gate prices falling by an average of
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Changes in the National Agricultural Products Wholesale Price Index on October 20, 2015
According to monitoring by the Ministry of Agriculture, on October 20 the National Agricultural Products Wholesale Price Index was 194.50, down 0.33 points from yesterday, among which the "Vegetable Basket" Products Wholesale Price Index was 193.92, down 0.59 points from yesterday. As of 14:00 today, at national agricultural products wholesale markets, pork
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The impact of excessively low grain prices hurting farmers should not be underestimated
Grain bumper harvest, grain prices fall, farmers' income declines. According to media reports, since the beginning of autumn this year, corn and wheat prices in China's main grain-producing areas have all declined to varying degrees. The drop in corn prices is obvious, with farmers' prices falling by an average of more than 20%, and the highest drop compared
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On October 19, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on October 19 the National Agricultural Products Wholesale Price Index was 194.83, down 1.14 points from last Friday, of which the "Vegetable Basket" Products Wholesale Price Index was 194.51, down 1.36 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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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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China to Lift Controls on Refined Oil Prices at an Appropriate Time
The CPC Central Committee and the State Council recently issued the "Several Opinions on Advancing the Reform of the Price Mechanism." The opinions set out the direction of price reform in 6 key areas, including improving the price formation mechanism for agricultural products, accelerating the marketization of energy prices, and improving environmental service pricing
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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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On October 16, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on October 16 the National Agricultural Products Wholesale Price Index was 195.97, down 0.25 points from yesterday, among which the Vegetable Basket Products Wholesale Price Index was 195.87, down 0.29 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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Corn Purchasing and Storage Policy Loosens After 8 Years, New Wording for Price Reform
On October 15, the government issued the "Several Opinions of the Central Committee of the Communist Party of China and the State Council on Advancing Price Mechanism Reform" (hereinafter referred to as the "Opinions"), to accelerate the improvement of a price mechanism mainly determined by the market. The "Opinions" pointed out that the price mechanism is the core of the market mechanism, and market-determined pricing is the key to the market playing a decisive role in resource allocation.
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