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China's agricultural trade deficit and price inversion have become the dual norm
Although China's grain production has achieved 11 consecutive years of growth since 2004, agricultural trade has correspondingly shown a "dual norm" phenomenon of a normalized deficit and normalized price inversion. This was learned by the reporter at the 2015 (Third) China Grain and Food Security Strategy Summit held here
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Why has genetically modified rice obtained a safety certificate but still not been commercialized?
Recently, at a GMO training seminar, officials from the Ministry of Agriculture and well-known domestic GMO research experts responded to hot issues of public concern such as the safety of GMO foods and regulatory risks. At the meeting, experts called on the Ministry of Agriculture to revise the Regulations on the Safety Administration of Agricultural
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Low corn prices will affect breeding direction
This year, the state introduced a new temporary corn purchase and storage policy, and the corn purchase price was reduced by 0.12 yuan/jin compared with last year (a decrease of about 10%), but the actual reaction of markets in various regions was far more dramatic than this. Corn purchase prices and futures prices generally fell by more than 20%, among which the market price in the Huang-Huai-Hai region
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On November 13, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on November 13 the National Agricultural Products Wholesale Price Index was 193.30, up 0.23 points from yesterday, of which the "Vegetable Basket" Product Wholesale Price Index was 192.68, up 0.31 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pig
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Fur industry endures two tough years, still has not emerged from trouble
This year fur prices generally dropped 30 to 40 percent, and many breeders have switched to other trades. As winter arrives and the weather gets colder and colder, many city residents have begun choosing cold-weather clothing. On November 8, reporters visited the market and found that fur, as a standout among cold-weather garments, has seen a sharp drop in price. At the same time
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On November 12, 2015, the "National Agricultural Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on November 12 the National Agricultural Wholesale Price Index was 193.07, down 0.08 points from yesterday, of which the "Vegetable Basket" Product Wholesale Price Index was 192.37, down 0.11 points from yesterday. As of 14:00 today, the average price of pork in national agricultural wholesale markets
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How will agricultural product prices be formed in the future? Improving the purchase and storage system is urgent
On the 11th, the State Council executive meeting again raised the reform of the grain price formation and purchase and storage mechanism. Just a few days earlier, the full text of the "Recommendations of the Central Committee of the Communist Party of China on Formulating the Thirteenth Five-Year Plan for National Economic and Social Development" (hereinafter referred to as the "Recommendations") was published, which also mentioned reforming agricultural product
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Global food prices post the biggest month-on-month rise in three years
The strongest El Nino in a century has finally begun to show its power in the market, with global food prices in October posting their biggest rise in three years. According to the latest data released by the UN Food and Agriculture Organization, the global food price index rose 4% month-on-month in October. In this index
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Tighter Temporary Corn Storage Purchases, Prices Unlikely to Keep Rising This Year
As one of the country's important grain crops, corn prices have fallen sharply and continuously since the start of this year, with corn futures dropping all the way from a high of 2400 yuan/ton at the beginning of the year to a low of 1788 yuan/ton, as short sellers kept adding positions and the open interest in corn futures contracts repeatedly hit new highs
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November 11, 2015 National Agricultural Products Wholesale Price Index Changes
Monitored by the Ministry of Agriculture, on November 11 the National Agricultural Products Wholesale Price Index was 193.15, down 0.12 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 192.48, down 0.09 points from yesterday. As of 14:00 today, at wholesale markets nationwide, pork
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