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Industry View: Japonica Rice Auction Subsidies Stimulate Higher Transaction Rates
The auction subsidy amount in Heilongjiang Province was upgraded from 100 yuan/ton announced on April 17 to 200 yuan/ton on June 12. The subsidy recipients are 102 rice mills in Heilongjiang with a production capacity of over 100,000 tons. According to monitoring, affected by this policy, the transaction volume of state reserve japonica rice auctions increased throughout July,
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Preventing Disease and Controlling Pests to Secure a Bumper Autumn Grain Harvest: The Ministry of Agriculture Organizes a Special Action
This website news: To secure a bumper grain harvest for the whole year, the bulk lies in the autumn grain, the key lies in disaster prevention and mitigation, and the focus is on preventing disease and controlling pests. Affected by the El Nino event, major pests and diseases such as the rice planthopper, rice leaf roller, rice blast, corn borer, and potato late blight are showing a severe outbreak trend, posing a relatively large threat to
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Corn auction transaction rate continues to decline, how does the industry view it?
Corn auction transaction rate continues to decline. Last week, corn purchase and sales in Northeast China were sluggish, and the temporary storage transaction volume hit a new low again; corn prices in North China rose slightly within a stable range; corn prices at southern ports were stable and slightly weak, while purchase prices at northern ports fell, marking the beginning of the destocking stage. At present,
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Agricultural water crisis remains unsolved, and a comprehensive plan is still lacking
Groundwater over-extracted for many years has left the North China Plain, one of China's main grain-producing regions, facing a water shortage crisis. On one hand, there is an increasingly scarce and precious water source; on the other hand, there is the real pressure of safeguarding the Chinese people's "grain bag" security. As a major water consumer, how should agriculture
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Early indica rice prices slide, yet 2014 mid- and late-season rice transaction volume climbs
From June 26 to July 2, the 2013 government-supported early indica rice auction in Hubei Province saw zero transactions, while the auction of 2012-produced early indica rice from local reserves showed a downward price trend, with the June average transaction price having fallen from 2,380 yuan/ton in January to 2,158 yuan/ton, a drop of 9.3%. Purchase prices for 2014-produced early indica rice in various regions also ran below the government support price, with the average purchase price of ordinary early indica rice in Wuhan, Jingzhou, Xianning and Huanggang ranging from 1.25-1.29 yuan/jin, and the average purchase price of high-quality early indica rice at 1.32-1.35 yuan/jin. In contrast to the sluggish early indica rice market, the 2014-produced government-supported mid- and late-season indica rice in Hubei Province saw active transactions. On June 30, Wuhan planned to sell 200,944 tons of 2014 mid- and late-season indica rice, with an actual transaction volume of 122,323 tons, a transaction rate of 60.87%, and an average transaction price of 2,813 yuan/ton.
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The transaction rate for mid-to-late indica rice produced in 2014 reached 37.03%
With the approval of the relevant state departments, the national temporary stored rice auction sales transaction held on June 30 concluded successfully. This transaction planned to sell 1,848,582 tons of rice, with an actual transaction volume of 170,465 tons and a transaction rate of 9.22%, of which: the planned sale of 49
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Auction of temporary state-stored paddy rice achieves a transaction rate of only 5.47%
Auction of temporary state-stored paddy rice achieves a transaction rate of 5.47%. With the approval of the relevant state departments, the national temporary state-stored paddy rice competitive sales trading session held on June 16 planned to sell 1,756,736 tons of paddy rice, with an actual transaction volume of 96,166 tons and a transaction rate of 5.47%, of which: 2013 early indica rice planned sales of 494
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Ministry of Commerce aims for e-commerce transaction volume to reach 22 trillion yuan by the end of next year
Core tip: The "Internet Plus Circulation" action plan released by the Ministry of Commerce on the 15th proposes striving to have China's e-commerce transaction volume reach 22 trillion yuan and online retail sales reach 5.5 trillion yuan by the end of 2016. The "Internet Plus Circulation" action plan released by the Ministry of Commerce on the 15th
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Action Plan for Zero Growth in Chemical Fertilizer Use, Ministry of Agriculture Pushes Forward with Focus
On May 19, the Ministry of Agriculture held in Beijing a meeting on advancing and implementing the action plan for zero growth in chemical fertilizer use by 2020, to further implement the relevant requirements of the Party Leadership Group of the Ministry of Agriculture, unify thinking, and clarify tasks. The meeting emphasized that agricultural departments must fulfill their duties, take the initiative, and effectively put all
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How is the Zero Growth Action for Chemical Fertilizers being advanced? Cooperation between agricultural enterprises lends a hand
This website news: This year, the Department of Crop Production Management of the Ministry of Agriculture and Sinochem Fertilizer Co., Ltd. carried out in-depth cooperation, innovated service mechanisms, explored new models of scientific fertilization, and achieved fertilizer reduction and efficiency improvement. A pilot for fertilizer reduction and efficiency improvement in corn was carried out in Northeast China. According to new-type operating
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