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Prices of the three major staple grains fall together, agricultural product price reform may accelerate
A bumper harvest without a bumper income: this autumn, farmers may not have much to celebrate. Since the third quarter, prices of the three major domestic staple grains have fallen steadily. According to statistics, corn saw the largest drop, with the purchase price falling from the year's high of 2279 yuan/ton to 1980 yuan/ton, a decline of 13.1%; the wheat purchase price fell from the year's high of
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National Agricultural Wholesale Price Index rises and falls on October 27, 2015
According to monitoring by the Ministry of Agriculture, on October 27 the National Agricultural Wholesale Price Index was 191.41, up 0.85 points from yesterday, of which the "Vegetable Basket" Product Wholesale Price Index was 190.31, up 0.82 points from yesterday. As of 14:00 today, the national agricultural wholesale market pig
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Ample Edible Oil Supply and Weak Demand Make Sustained Price Rallies Unlikely
Last week (October 19-23), influenced by the futures price trends of CBOT soybean oil and Bursa Malaysia palm oil, the domestic vegetable oil market showed wide-ranging fluctuations. As the current domestic vegetable oil supply is ample, the spot market has also entered the traditional off-season for demand after the holiday, and basis has declined somewhat. Last week
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Corn output up, price down, growing grain no longer profitable: large operators break contracts and abandon farmland after land transfer
The national autumn harvest is nearly complete. As the main autumn harvest crop, this year's corn output will rise again, but farmers in the main producing areas who are welcoming the bumper harvest are hardly happy. Reporters from Economic Information Daily learned in interviews in Hebei, Jilin and other provinces that the current corn purchase price is significantly
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Northeast japonica rice price rises lack momentum, stability may become the mainstream
It is understood that at present, as temperatures gradually drop and the large-scale rice harvest is about to end, the volume of japonica rice coming onto the market in Northeast production areas has increased somewhat, and policy-based purchasing is being rolled out successively. At the same time, various grain purchasing, selling and processing enterprises have also successively entered the market to purchase, but
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Why agricultural product price reform must be coordinated and balanced
The inversion phenomenon in China's grain market is prominent, agricultural product price subsidies are already close to the upper limit of the WTO's Amber Box subsidy rules, and market-supporting purchases are becoming increasingly difficult to sustain. Adjusting grain purchase prices can neither simply reduce fiscal subsidies and directly require domestic bulk agricultural product prices to align with
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Premium wheat shows clear price advantage, sowing area increases
Winter wheat sowing in main producing areas basically finished. Recently, reporters conducted a survey of winter wheat sowing in Henan, Hebei, Shandong and other provinces. As of now, winter wheat planting in the main producing areas is nearing completion, with Henan and other provinces having finished sowing. From the already sown
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Prominent "Inverted" Grain Market Phenomenon: Agricultural Product Price Reform Needs Coordinated Advancement
The "inverted" phenomenon in China's grain market is prominent, agricultural product price subsidies are already close to the upper limit of the WTO Amber Box subsidy rules, and market-supporting procurement is becoming increasingly unsustainable. Adjusting grain procurement prices cannot simply mean reducing fiscal subsidies and directly requiring domestic bulk agricultural product prices to
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October 28, 2015 "National Agricultural Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on October 28 the National Agricultural Wholesale Price Index was 191.80, up 0.39 points from yesterday, of which the "Vegetable Basket" Product Wholesale Price Index was 190.81, up 0.50 points from yesterday. As of 14:00 today, the national agricultural wholesale market pork
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October 29, 2015 National Agricultural Products Wholesale Price Index month-on-month
According to monitoring by the Ministry of Agriculture, on October 29 the National Agricultural Products Wholesale Price Index was 191.59, down 0.21 points from yesterday, of which the "Vegetable Basket" Products Wholesale Price Index was 190.62, down 0.19 points from yesterday. As of 14:00 today, the average price of pork in national agricultural products wholesale markets
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