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Industry View: Domestic Corn Prices Weaken
Last week (September 25 - October 9), domestic corn prices generally fell, North China continued to seek a bottom, and Northeast China saw scattered opening of purchases. Northern ports fell sharply, while southern ports consolidated at low levels. Looking ahead, corn in Northeast China has not yet been listed in large quantities, and there are few purchasing entities, so prices are expected to continue falling later. In North China, because of the recent large declines, the pace of the corn price drop has slowed slightly in the past few days, and a wait-and-see mentality in the market has risen slightly, but before the pressure from Northeast grain listings gradually strengthens and temporary storage purchases have yet to begin, North China corn prices are still expected to continue weakening.
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On October 14, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on October 14 the National Agricultural Products Wholesale Price Index was 196.42, down 1.17 points from yesterday, among which the "Vegetable Basket" Products Wholesale Price Index was 196.35, down 1.63 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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How Can E-commerce Transactions Move Beyond "Price by Inspection of Goods"?
Editor's note: Recently, after review and deliberation by industry experts from the Ministry of Agriculture, the China Association of Traditional Chinese Medicine, the China Traditional Chinese Medicinal Materials Logistics Expert Committee and other departments, the "Electronic Trading Specification Standards for Traditional Chinese Medicinal Materials Products" (hereinafter referred to as the "Standards"), completed by Chengdu Tiandiwang Information Technology Co., Ltd., was approved, pioneering electronic trading standards for agricultural products. How were these standards formulated, what are their characteristics? How will they be implemented? What insights do they offer for China's agricultural product e-commerce?
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The 2016 minimum purchase price for wheat was 118 yuan per 50 kg
Notice on Announcing the 2016 Minimum Purchase Price for Wheat, Fa Gai Jia Ge [2015] No. 2301, To the development and reform commissions, price bureaus, finance departments (bureaus), agriculture departments (bureaus, commissions, offices), grain bureaus, and branches of the Agricultural Development Bank of all provinces, autonomous regions, and municipalities directly under the Central Government: To protect farmers'
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On October 13, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on October 13 the National Agricultural Products Wholesale Price Index was 197.59, up 0.14 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 197.98, up 0.35 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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On October 15, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on October 15 the National Agricultural Products Wholesale Price Index was 196.22, down 0.20 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 196.16, down 0.19 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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Anhui super rice crop failure controversy: Yuan Longping responds, "It will not shake me"
Yuan Longping and hybrid rice On the morning of October 13, inside the super rice experimental field at the Hunan Hybrid Rice Research Center, Yuan Longping, having just stepped out of the car, left everyone behind and walked straight into the experimental field to carefully examine the rice. Although he had come to look just two days earlier, he still seemed uneasy.
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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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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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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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