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Corn prices in the second quarter generally trended weak, industry views and analysis
Corn prices generally trended weak in the second quarter. In the second quarter, the domestic corn market fully entered the temporary storage "auction season," and its overall price trend was slightly weak. At the same time, compared with last year, the "destocking" progress of temporary storage corn was slow, market demand lacked highlights, and the market confidence index declined in tandem. In the international market, bullish and bearish factors coexisted, prices first fell and then rose, and the price spread with domestic corn continued to widen. Looking ahead, as the domestic corn market enters the lean season, discussion has reappeared about whether corn prices can repeat last year's glory. However, the oversupply situation in the domestic corn market remains difficult to reverse, and it will not be easy for China's corn market to say "rise" this summer.
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Double-season super rice early-season yield reaches up to 738.5 kg per mu
On the 18th, an expert panel invited by the Guangdong Provincial Department of Agriculture conducted an acceptance evaluation in Xingning City, Guangdong Province, of the research project on annual per-mu yield of 3,000 jin for South China double-season super rice, led by "father of hybrid rice" Yuan Longping's team. After on-site yield measurement, the expert panel announced that the project's early-season average
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After New Early Rice Hits the Market, Purchasing Turns Cautious: Industry Views and Analysis
New Early Rice Hits the Market, Purchasing Shows Caution. At present, the new-season early indica rice in the south has fully hit the market, and the purchase price of 2015-produced national standard third-grade early indica rice is currently below the 2015 domestic minimum protective price for early indica rice. Purchasing entities are mainly grain depots, while small and medium-sized processing enterprises, due to the rather serious "strong rice, weak milled rice" phenomenon, are relatively cautious about entering the market to purchase, generally focusing on purchasing high-quality early indica rice, mainly to meet their own processing volume before the new-season middle indica rice hits the market. As new-season early indica rice hits the market and new-season middle indica rice is about to hit the market, the already loose supply of raw grain in the market becomes even looser, and with various entities busy purchasing new grain, the auction market transactions appear somewhat sluggish.
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Prices of Multiple Agricultural Products to Be Set by the Market; Experts Call for Protecting Farmers' Interests
China's agricultural product price regulation policy may be in for a historic adjustment. A reporter from Economic Information Daily recently learned from the Ministry of Agriculture that, regarding the direction of the next step in agricultural product price reform, the state has decided to implement differentiated support policies for different varieties. For the two staple grain varieties, rice and
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Minimum purchase price procurement of early indica rice launched first in Jiangxi and Hunan
On July 28, Hunan launched the early rice minimum purchase price execution plan throughout the province, marking the fifth time in three consecutive years that Hunan has activated the minimum purchase price plan. As market prices have remained sluggish, in order to protect the interests of grain farmers, the relevant national authorities decided to launch
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On July 30, 2015, the "National Agricultural Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on July 30 the National Agricultural Wholesale Price Index was 208.25, up 0.51 points from yesterday, of which the "Shopping Basket" Product Wholesale Price Index was 210.12, up 0.39 points from yesterday. As of 14:00 today, in the national agricultural wholesale market, the average price of pork
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Why Are Pork Prices Soaring? Ministry of Commerce Responds: It Is a Self-Correcting Behavior of the Market
On August 4, the Ministry of Commerce held a regular press conference, where spokesperson Shen Danyang responded to 11 hot and sensitive issues of great concern to domestic and foreign media. Among them, Shen Danyang addressed the relatively rapid rise in domestic pork prices since March of this year and how the Ministry of Commerce would ensure market
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A new round of low global dairy prices: how should we respond?
Since March 2015, global dairy auction prices have continued to decline, and in July global milk powder auction prices even plunged. Similar to the price trend in the futures market, since April this year the spot price of milk powder on the international market has also shown a sustained decline
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National early rice output fell 0.9% year-on-year in 2015
XINHUA NEWS AGENCY, BEIJING, AUGUST 21 (Reporter Wang Xi) The National Bureau of Statistics released national early rice production data on the 21st. This year's national early rice output was 33.691 million tons (67.38 billion jin), a reduction of 320,000 tons from 2014, down 0.9% year-on-year. According to a survey by the National Bureau of Statistics,
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August 24, 2015 National Agricultural Products Wholesale Price Index Week-on-Week
According to monitoring by the Ministry of Agriculture, on August 24 the National Agricultural Products Wholesale Price Index was 213.93, down 0.92 points from last Friday, of which the Vegetable Basket Products Wholesale Price Index was 216.93, down 1.43 points from last Friday. As of 14:00 today, the National Agricultural Products Wholesale Market
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