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On December 21, 2015, the "National Agricultural Products Wholesale Price Index" compared with last week
According to monitoring by the Ministry of Agriculture, on December 21 the National Agricultural Products Wholesale Price Index was 202.53, down 0.15 points from last Friday, among which the "vegetable basket" product wholesale price index was 203.68, down 0.15 points from last Friday. As of 14:00 today, the national agricultural products wholesale market
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Why have corn prices fallen, and how big is the impact on farmers?
After a heavy snowfall, a grain broker came to the home of corn grower Zhao Jincheng to inspect the grain. "Now it has to be graded as third-class; it doesn't make second-class." "If it's third-class, after deducting freight and delivering it to the destination, it can only sell for 0.71 yuan." The corn price fell from 0.90 yuan per jin in 2014 to 0.71 yuan per jin this year. Neighbors and relatives all stored their corn, waiting to see how the price would move. But Zhao Jincheng urgently needed money, so he had to sell even at a low price, because he still had a loan to repay as soon as possible.
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Crop price insurance lets farmers lock in profits without losses
If paying more than 20 yuan per mu in insurance premiums could guarantee the profitability of grain farming, I would certainly be willing to pay. The speaker is Liu Jianlin, a major grain farmer in Xueyan Town, Wujin District, Changzhou City. This year he planted more than 600 mu of rice; half of the plots yielded more than 650 kg of paddy per mu, while the other half could not be harvested in time due to rainy weather and yielded only 450 kg per mu. Moreover, this year the price of paddy was 0.46 yuan per kg lower than last year, so the profitability of grain farming was much worse than in previous years.
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On December 22, 2015, the "National Wholesale Price Index for Agricultural Products" compared with yesterday
According to monitoring by the Ministry of Agriculture, on December 22 the National Wholesale Price Index for Agricultural Products was 202.80, up 0.27 points from yesterday, among which the Wholesale Price Index for Basket Products was 204.16, up 0.48 points from yesterday. As of 14:00 today, the national agricultural products wholesale market pork
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Wheat prices are expected to continue a stable trend in the short term
Supply in the wheat market is relatively loose. Flour mills mainly purchase on demand to meet their own production needs. At the same time, the slowdown in shipments has to some extent affected enthusiasm for wheat procurement. In the short term, the wheat market will continue a relaxed buying and selling atmosphere, with prices tending to stabilize.
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Northeast Rice Purchases Recover, Market Shows Clear "High Quality, High Price" Trend
Supported by the approaching demand peak for New Year's Day and the Spring Festival, the purchase and sales atmosphere in the Northeast rice market recovered this week. Driven by group enterprises actively entering the market, Heilongjiang long-grain fragrant rice, Liaoning Liaoxing rice, and Jilin super rice showed upward price trends. However, due to strict deductions for moisture and impurities at purchase, round-grain
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What factors affect the inverted grain price gap in China?
The phenomenon of inverted domestic and international grain prices has become one of the hottest topics in government departments and the agricultural economics field recently. In July this year, Chen Xiwen, deputy head and director of the Office of the Central Rural Work Leading Group, mentioned that China is currently facing an
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On December 23, 2015, the "National Agricultural Wholesale Price Index" compared with yesterday
According to monitoring by the Ministry of Agriculture, on December 23 the National Agricultural Wholesale Price Index was 202.41, down 0.39 points from yesterday, among which the "Vegetable Basket" Product Wholesale Price Index was 203.67, down 0.49 points from yesterday. As of 14:00 today, the national agricultural wholesale market pig
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Corn price fluctuation risks remain in the outlook, North China market needs caution
Since mid-December, corn prices in the North China production area have fluctuated quite frequently, overall going through a process of decline-rebound-decline. On one hand, the weather improved, corn supply in North China recovered quickly, and enterprises saw increased arrivals, but downstream demand could not absorb it effectively, and the market pattern shifted again from a period of tight supply to a situation of oversupply, with prices continuing to fall reasonably as the market expected. On the other hand, grain moisture content was relatively high, and enterprises interested in low-moisture grain sources were forced to raise purchase prices, which in turn drove prices to stop falling and stabilise, and combined with increased outflow of some grain sources, prices in some areas even rebounded slightly. As of now, the ex-factory price of 14.5% moisture third-grade corn at deep-processing enterprises in Weifang, Shandong is 1880-1940 yuan/tonne, down about 20 yuan/tonne from last weekend, with a few enterprises seeing slightly larger declines; the ex-factory price in Shijiazhuang, Hebei is around 1740 yuan/tonne, down about 20 yuan/tonne from last weekend. It is expected that in the short term North China corn will remain stable with a weak bias, and prices will fall more in areas where farmers are more active in selling grain.
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Southern japonica rice prices under pressure, limited room for further gains
By the end of December, the japonica rice harvest in the south was basically complete, enterprises accelerated their intake into storage, and purchasing entered its late stage. Market prices trended upward steadily, but the gains were limited. As New Year's Day and the Spring Festival approach, grain purchasing and selling, processing enterprises and traders have successively entered the market to purchase, demand has expanded
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