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Where Will the National Temporary Corn Reserve Policy Go?
Since 2008, the national temporary corn storage policy has been in operation for six years now. The national temporary reserve policy was implemented for the purpose of safeguarding national food security and protecting farmers' income, and after this policy was introduced, it genuinely maximized its own value in the early period. New
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Temporary reserve wheat auctions show uneven results, overall market remains quiet nationwide
Recently, flour demand has been stable and wheat supply abundant. Large and medium-sized flour milling enterprises slowed their purchasing pace after buying large quantities of wheat earlier, which affected the transaction results of policy-driven wheat auctions. Anhui Province has begun trading 2014 temporary reserve wheat, while 2013 temporary reserve wheat has
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Temporary reserve wheat auction clearance rate at 27.8%
Temporary reserve wheat auction clearance rate at 27.8% With approval from the relevant state departments, the national temporary reserve wheat competitive sales trading session held on March 3 planned to sell 1.0242 million tons of wheat, with an actual transaction volume of 284,700 tons and a clearance rate of 27.8%. Among this, the Henan market auctioned 201,900 tons of market-support wheat, with 2,300 tons sold, a clearance rate of 1.15%, and an average price of 2,419 yuan/ton; the Anhui market offered a total of 822,300 tons, with 282,400 tons sold, a clearance rate of 34.35%, an average price of 2,458 yuan/ton for white wheat, and an average price of 2,450 yuan/ton for mixed wheat.
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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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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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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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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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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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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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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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