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Global dairy prices near 5-year low, price war accelerates shakeout of domestic dairy companies
On July 15, the auction price of whole milk powder on Fonterra's GlobalDairyTrade platform suffered a ninth consecutive decline. Coincidentally, recently, well-known American infant formula company Mead Johnson also significantly lowered its 2015 sales growth rate, earnings per share and other indicators; the company expects that at constant exchange rates, its sales growth range for this year will be lowered from the original 7% to 0%~2%.
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International Grain Prices Fall: How Can Grain Enterprises Share the Benefits?
A report recently released by the World Bank states that international market grain prices fell 14% between August 2014 and May 2015, dropping to a 5-year low. The report, titled "Food Price Watch," says that affected by low oil prices, global grain supply was ample in 2014, and bumper harvests of wheat, corn and rice were in sight in 2015; these factors caused international grain prices to fall sharply.
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On July 29, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on July 29 the National Agricultural Products Wholesale Price Index was 207.74, down 0.39 points from yesterday; among this, the "Vegetable Basket" Products Wholesale Price Index was 209.73, down 0.43 points from yesterday. As of 14:00 today, the average price of pork in national agricultural products wholesale markets
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On July 31, 2015, the "National Wholesale Price Index for Agricultural Products" compared with yesterday
According to monitoring by the Ministry of Agriculture, on July 31 the National Wholesale Price Index for Agricultural Products was 208.60, up 0.35 points from yesterday, of which the Wholesale Price Index for "Vegetable Basket" Products was 210.81, up 0.69 points from yesterday. As of 14:00 today, the average wholesale price of pork in national wholesale markets for agricultural products
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Will meat price fluctuations affect monetary policy?
Recently, the prices of pork and other foods have risen relatively quickly. Some believe that rising meat prices will drive inflation back up and will constrain the room for monetary easing in the future. In response, a relevant official of the central bank said that prices are currently at a low level, and compared with the same period last year,
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August 5, 2015 National Agricultural Products Wholesale Price Index Month-on-Month Change
According to monitoring by the Ministry of Agriculture, on August 5 the National Agricultural Products Wholesale Price Index was 210.47, up 0.47 points from yesterday, of which the "Basket of Vegetables" Products Wholesale Price Index was 213.03, up 0.66 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pork
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Industry View: Japonica Rice Auction Subsidies Stimulate Higher Transaction Rates
The auction subsidy amount in Heilongjiang Province was upgraded from 100 yuan/ton announced on April 17 to 200 yuan/ton on June 12. The subsidy recipients are 102 rice mills in Heilongjiang with a production capacity of over 100,000 tons. According to monitoring, affected by this policy, the transaction volume of state reserve japonica rice auctions increased throughout July,
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Comparison of the National Agricultural Products Wholesale Price Index on August 7, 2015 with Yesterday
According to monitoring by the Ministry of Agriculture, on August 7 the National Agricultural Products Wholesale Price Index was 210.50, down 0.47 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 212.81, down 0.53 points from yesterday. As of 14:00 today, at agricultural products wholesale markets nationwide, pork
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On August 10, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on August 10 the National Agricultural Products Wholesale Price Index was 211.90, up 1.40 points from last Friday, of which the "Vegetable Basket" Products Wholesale Price Index was 214.72, up 1.91 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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On August 11, 2015, the "National Agricultural Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on August 11 the National Agricultural Wholesale Price Index was 211.80, down 0.10 points from yesterday, among which the "Basket of Vegetables" Product Wholesale Price Index was 214.59, down 0.13 points from yesterday. As of 14:00 today, at the national agricultural wholesale market, the price of pork
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