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Sinograin makes every effort to do a good job in the temporary state reserve corn purchase in Northeast China
On December 1, the reporter learned from Sinograin Corporation that the state's temporary reserve corn purchase in the four northeastern provinces has been stable and progressing smoothly, and the purchase volume in the first month was twice that of the temporary reserve purchase in the same period last year. A relevant person in charge of Sinograin told the reporter that since November 1, the state has launched the 2015 temporary reserve corn purchase in the three northeastern provinces and one region.
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Domestic wheat prices slowly recover, while sales of state temporary reserve wheat decline
Constrained by a reduction in grain sources on the circulation market and the high price of state temporary reserve wheat, which has led to a decline in effective supply capacity, domestic wheat prices as a whole have shown a recovering trend, but the recovery is slow due to weak demand. As of early November, the average purchase price of third-grade wheat in Jiangsu was 2,304 yuan/tonne,
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Lowered Temporary Corn Reserve Price: Farmers Should Not Bear the Entire Pain of Reform
Reform is necessary, and adjustment is necessary, but the pain of reform and development cannot be borne entirely by farmers. Grain is, after all, a special commodity; when farmers grow grain, it is itself a responsibility and contribution to national food security, and the cost of market fluctuations cannot
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Can the Temporary Corn Reserve Policy Become a Market Turning Point?
To date, the atmosphere of new grain coming onto the market in the domestic corn market is gradually intensifying, and its price can be described as falling incessantly. At the same time, although corn at southern ports and related imported grain inventories are now vastly different from two months ago, the current inventory decline is too late, and the autumn grain
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The temporary state reserve policy for rapeseed has reached a crossroads: which way will it go?
Under the current temporary state reserve policy for rapeseed, all the various costs and even losses incurred from purchasing and processing to storing and selling rapeseed are ultimately borne entirely by the state. As the quantity of rapeseed in temporary state reserve continues to increase, the state's fiscal burden grows heavier and heavier. In late May, just
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This week's auction volume of temporary state reserves of corn will be raised to 5.32 million tonnes
According to a notice released on Monday, this week's competitive bidding session for temporary state reserves of corn is expected to offer 5.32 million tonnes of corn, 39% higher than last week's volume. Due to increased subsidies, recent competitive bidding sessions for temporary state reserves of corn have attracted more buyers to bid. Last week's auction
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Sinograin reported for illegally importing genetically modified rapeseed oil mixed into national temporary reserves
According to a report by The Paper, Sinograin Hunan Company was reported for causing 30 million yuan to be intercepted due to illegal operations, and multiple enterprises it entrusted were accused of using a "stand-in" method to import genetically modified rapeseed oil and earn huge profits from it. The following is the detailed content: Two years after being
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State temporary reserve wheat auction achieves a transaction rate of 19.9%
Temporary reserve wheat auction transaction rate 19.9%. With the approval of the relevant national departments, the temporary reserve wheat competitive sale trading session scheduled for May 5 planned to sell 1.1884 million tonnes of wheat, with an actual transaction volume of 236,500 tonnes and a transaction rate of 19.9%. Among this, the Henan market offered 337,400 tonnes of market-support wheat
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Temporary reserve auction launched, corn prices under pressure and trending downward
On Thursday, the fifth round of temporary reserve corn auctions in Northeast China began. This auction is planned to be held over two days, with a total of 3.028 million tons of temporary reserve corn to be offered. Since April 9, news of batch releases of Northeast temporary reserve corn onto the market has continued to pressure the nearby corn 1509 contract, and starch has also followed the decline due to falling corn raw material prices. Considering that the starch futures market price shows a discount pattern, the downside room for starch futures prices is limited.
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Temporary reserve wheat auction achieves a transaction rate of 25.64%, trading results released
Temporary reserve wheat auction achieves a transaction rate of 25.64%. With approval from relevant state departments, the national temporary reserve wheat competitive sales trading session held on March 31 planned to sell 998,500 tons of wheat, with an actual transaction of 25.6 tons, a transaction rate of 25.64%, of which: the Henan market auction offered 193,200 tons of market-stabilizing wheat, with a transaction of 9,500 tons, a transaction rate of 4.93%, and an average price of 2,417 yuan/ton; the Anhui market offered a total of 805,300 tons, with a transaction of 246,500 tons, a transaction rate of 30.61%, with white wheat averaging 2,464 yuan/ton and mixed wheat averaging 2,455 yuan/ton.
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