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Behind the Super Rice Crop Failure: Institutional Flaws and the Variety's Own Weaknesses
In mid-April, the media successively published reports on the yield reduction and total crop failure of ten thousand mu of "Liangyou 0293" hybrid rice in Anhui last October, drawing public attention to super rice. Behind this seemingly accidental incident, the flaws of China's agricultural insurance and relief systems are highlighted, and it also reflects
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Corn reserve auction suppresses excessive price rises, market wait-and-see sentiment strengthens
Last week's reserve corn auction marked the official start of this year's reserve corn auctions. Although the auction regions were concentrated in the sales areas, this has already sent a signal to the market of increased supply. Considering that about 75 million tonnes of reserve corn remained domestically last year, and that this year's reserve corn purchases are steadily approaching 80 million tonnes, the supply of reserve corn is enormous.
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Ministry of Agriculture forecasts China's grain output to grow 0.6% annually
Rice can achieve self-sufficiency; imports basically remain stable. The report notes that rice is currently China's second-largest grain crop. After China's rice output surpassed 200 million tons in 2011, it reached a record high of 206.43 million tons in 2014; domestic rice market prices were stable with slight increases.
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Corn prices in southern sales areas are generally stable, and this is how the industry sees it
Corn prices in southern sales areas are generally stable. Currently, the enthusiasm for temporary state reserve corn purchases has declined, grain prices in production areas lack support, and prices have weakened slightly. Holders of grain in sales areas have become more calm in their mindset, purchasing imported sorghum and corn from North China and the Northwest to maintain production, and for the time being are not stockpiling in large quantities, waiting to observe the starting auction prices for Northeast corn. In the future, several main factors affecting the sales area market are the recovery of the livestock industry, the amount of imported corn, and when relocating corn will broadly begin auctions. It is precisely because these factors are not yet clear that feed mills remain observant and purchasing demand is not strong.
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On April 21, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on April 21 the National Agricultural Products Wholesale Price Index was 204.86, down 0.51 points from yesterday; among this, the "Vegetable Basket" Products Wholesale Price Index was 206.53, down 0.55 points from yesterday. As of 14:00 today, at the National Agricultural Products Wholesale Market, the average price of pork
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April 20, 2015 National Agricultural Products Wholesale Price Index Week-on-Week
According to monitoring by the Ministry of Agriculture, on April 20 the National Agricultural Products Wholesale Price Index was 205.37, down 0.56 points from last Friday, of which the "Vegetable Basket" Products Wholesale Price Index was 207.08, down 0.67 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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How are soybean target price subsidies paid out?
In early 2014, China began piloting target price subsidies for soybeans in Northeast China and Inner Mongolia and for cotton in Xinjiang, which meant the end of the temporary state reserve policy for soybeans that had been in place since 2008. Whether the soybean target price reform pilot succeeds bears on the success or failure of the target price reform for agricultural products.
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Corn prices unlikely to see deep correction, temporary storage auction runs low-key
The much-watched "trial" auction of temporary-storage corn in the south has ended. Given that the starting prices at this auction did not show the worrying "low prices," the state's intention to auction at a price that covers costs is obvious, and the bearish impact of the auction on the market is limited. Temporary storage auction proceeds "low-key." On April 9, the
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On April 15, 2015, the "National Agricultural Products Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on April 15 the National Agricultural Products Wholesale Price Index was 205.14, up 0.25 points from yesterday, of which the "Basket of Vegetables" Products Wholesale Price Index was 206.82, up 0.11 points from yesterday. As of 14:00 today, in the national agricultural products wholesale markets, the average price of pork
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National Agricultural Products Wholesale Price Index on February 25 and April 14, 2015
According to monitoring by the Ministry of Agriculture, the National Agricultural Products Wholesale Price Index on April 14 was 204.89, up 0.13 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 206.71, unchanged from yesterday. As of 14:00 today, the average price of pork in national agricultural products wholesale markets
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