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Why did soybean meal futures prices rebound against the trend when overall feed consumption was declining?
Recently, soybean meal prices followed the US market in a major rebound, and judging from soybean and soybean meal inventories, the massive arrivals of soybeans did not put much pressure on inventories. Therefore, looking only at protein prices, domestic demand seems to be doing quite well. Is that really the case?
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Corn prices remain stable but weak, industry views and interpretation
Corn prices remain stable but weak. Entering July, from the perspective of the large domestic corn market, short-term market supply is sufficient, downstream demand remains weak, temporary storage auctions continue to be sluggish, the north-south port price inversion is severe, and corn substitutes continue to capture ports and sales area markets.
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On July 28, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on July 28 the National Agricultural Products Wholesale Price Index was 208.13, up 1.96 points from yesterday; among this, the "Vegetable Basket" Products Wholesale Price Index was 210.16, up 2.43 points from yesterday. As of 14:00 today, the average price of pork at national agricultural products wholesale markets
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New wheat procurement progress is slow, prices are low
The current domestic new wheat procurement market shows a "slow volume, low price" pattern. Under a high-inventory pattern, the support from policy-based procurement has weakened noticeably, and the effect of policy-based procurement squeezing the market is unlikely to appear. The extended procurement period has flattened the wheat price trend. Wheat prices may overall be in a lukewarm trend, and
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On July 27, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on July 27 the National Agricultural Products Wholesale Price Index was 206.17, up 1.10 points from last Friday, among which the "Vegetable Basket" Product Wholesale Price Index was 207.73, up 1.08 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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2015 early indica rice market-support purchase launched, Sinograin officially opens the scale
With the approval of the relevant state departments, Sinograin Corporation launched the 2015 minimum purchase price purchase of early indica rice in the three provinces of Anhui, Jiangxi and Hunan starting from July 28, and in Hubei Province starting from July 30. According to the provisions of the state's "2015 Implementation Plan for the Minimum Purchase Price of Wheat and Rice," this year's minimum purchase price for early indica rice is 1.35 yuan per jin (national standard third-grade product), the same price as the previous year, and the purchase execution period runs until September 30.
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Wheat Market Lukewarm, Little Hope for Price Rises Later
Last week the domestic flour market showed little overall change, and in terms of buying and selling the overall impression was one of ample supply and flat demand. Prices therefore did not change much either, and the flour market suffered sustained cold treatment during the hot summer season. Off-season wheat...
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On August 3, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on August 3 the National Agricultural Products Wholesale Price Index was 209.12, up 0.52 points from last Friday, among which the "Vegetable Basket" Product Wholesale Price Index was 211.32, up 0.51 points from last Friday. As of 14:00 today, at wholesale markets for agricultural products nationwide
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Why Are Domestic Grain Prices Higher Than Foreign Prices? An Analysis of Four Major Reasons
In response to the situation of persistently high grain price gaps between domestic and international markets, there are two views: one is to stop producing it ourselves and just import, and the other is to drive all farmers off the land and pursue large-scale agriculture. However, Chen Xiwen believes that agricultural policy is not merely an industrial policy, but a social policy that concerns the survival
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On August 4, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on August 4 the National Agricultural Products Wholesale Price Index was 210.00, up 0.88 points from yesterday, among which the "Market Basket" Products Wholesale Price Index was 212.37, up 1.05 points from yesterday. As of 14:00 today, the average price of pork in national agricultural products wholesale markets
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