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The weakening impact of grain price changes on CPI will become the new normal
In August 2015, the overall level of the national consumer price index rose 2.0% year on year. Among this, urban areas rose 2.0%, rural areas rose 1.8%; food prices rose 3.7%, non-food prices rose 1.1%; consumer goods prices rose 1.8%, service prices rose 2.2%. Grain prices rose
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China steps up wheat support-buying to counter sluggish global agricultural prices
A reporter learned from the Hebei Provincial Grain Bureau that Hebei Province started the "2015 Wheat Minimum Purchase Price Implementation Plan" (hereinafter referred to as the "Plan") on September 11. Since August, wheat purchase prices in Hebei Province have continued to decline, and the current market purchase price has already fallen below the government-set
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On September 14, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on September 14 the National Agricultural Products Wholesale Price Index was 212.08, up 0.74 points from last Friday, among which the "Shopping Basket" Product Wholesale Price Index was 215.12, up 0.97 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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Why international grain prices have fallen back to levels last seen 6 years ago
Without notice, international grain prices have returned to the low point seen during the 2008 financial crisis. The prices of wheat, corn, rice and soybeans have all fallen by more than 50% from the highs they rebounded to after the crisis. Although the drop in rice prices was less than 50%, because the rebound high during the crisis was not high enough, the current absolute price level is in fact substantially lower than the lowest level during the crisis.
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On September 17, 2015, the "National Wholesale Price Index for Agricultural Products" compared with yesterday
According to monitoring by the Ministry of Agriculture, on September 17 the National Wholesale Price Index for Agricultural Products was 210.63, down 1.13 points from yesterday, of which the Wholesale Price Index for "Basket of Vegetables" Products was 213.33, down 1.32 points from yesterday. As of 14:00 today, the average price of pork in national wholesale markets for agricultural products
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Why does the agricultural product target price system urgently need to be established?
Related personnel believe that, facing the double squeeze of a cost floor and a price ceiling, and the double constraints of resource red lights and subsidy yellow lines, the construction of the national grain reserve system should, on the premise of safeguarding national food security and protecting farmers' enthusiasm for growing grain, take multiple measures,
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This year's corn procurement and storage price is cut by 220 to 260 yuan per tonne
More purchasing entities, and a longer period than in previous years Last weekend, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance and other departments jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2015" (hereinafter referred to as the Notice). The Notice states that, with the approval of the State Council, this year the state will continue to implement the temporary corn storage and purchase policy in the three northeastern provinces and the Inner Mongolia Autonomous Region.
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Corn temporary storage purchase price set at 1 yuan per jin in 2015
BEIJING (Reporter Yang Zhaokui) The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China recently jointly issued a notice that in 2015 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and the Inner Mongolia Autonomous Region. This year the state's temporary storage
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Periodic Tightening of Wheat Supply and Demand Pushes Prices Back Toward Policy Price
The scope of the launch of the minimum purchase price policy for wheat in major producing areas has further expanded, which is expected to drive the start of a periodic market trend for wheat. As grain sources in the domestic circulation market further decrease, combined with the consumption of inventory grain sources by flour processing enterprises, the new wheat circulation market will show a pattern of "declining supply and rising demand"
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On September 22, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on September 22 the National Agricultural Products Wholesale Price Index was 207.33, down 1.10 points from yesterday, of which the "Shopping Basket" Products Wholesale Price Index was 209.40, down 1.32 points from yesterday. As of 14:00 today, the average price of pork in national agricultural products wholesale markets
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