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Grain prices too low hurt farmers again, with low grain prices and piled-up stockpiles the main causes
China had a bumper grain harvest this year, but farmers are hardly happy, because the sharp drop in grain prices could send their incomes plunging. Since the start of autumn, corn and wheat prices in the main grain-producing areas have all fallen to varying degrees. The drop in corn prices has been especially pronounced, with farm-gate prices falling by an average of
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Xi Jinping's US visit brings back a big agriculture package, helping to better feed China
From September 22 to 28, President Xi Jinping paid a state visit to the United States and attended the series of summits marking the 70th anniversary of the founding of the United Nations. During the visit, China and the United States reached consensus, with the theme of strengthening agricultural innovation, promoting food security, and advancing sustainable development, on food
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Periodic Tightening of Wheat Supply and Demand Pushes Prices Back Toward Policy Price
The scope of the launch of the minimum purchase price policy for wheat in major producing areas has further expanded, which is expected to drive the start of a periodic market trend for wheat. As grain sources in the domestic circulation market further decrease, combined with the consumption of inventory grain sources by flour processing enterprises, the new wheat circulation market will show a pattern of "declining supply and rising demand"
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Why international grain prices have fallen back to levels last seen 6 years ago
Without notice, international grain prices have returned to the low point seen during the 2008 financial crisis. The prices of wheat, corn, rice and soybeans have all fallen by more than 50% from the highs they rebounded to after the crisis. Although the drop in rice prices was less than 50%, because the rebound high during the crisis was not high enough, the current absolute price level is in fact substantially lower than the lowest level during the crisis.
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National Agricultural Product Market System Plan Released, About 100 Backbone Markets to Be Built
Yesterday, the website of the Ministry of Commerce published an article stating that the Ministry of Commerce and 10 other departments recently jointly issued the "National Agricultural Product Market System Development Plan", proposing that a agricultural product market system with Chinese characteristics will be initially established by 2020. The plan is based on China's various regions' economic and social conditions, transportation locations,
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Summer Grain Purchase Investigation: Grain Prices Open Low and Move Steadily, Farmers Panic-Selling and Holding Back Both Decline
Grain prices opened low and are moving steadily, enterprises are more rational in purchasing, and farmers panic-selling or holding back are both decreasing. Near noon, at the "Zhongyu contract high-quality wheat" purchasing point in Binzhou, Shandong, 45-year-old Hu Fuhua sits on a tricycle, waiting to sell grain. With a towel draped around his neck, he wipes the sweat from his face
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Returning-home makers must not only be able to come back, but also be able to stay
Recently, under the upsurge of mass entrepreneurship and innovation, many maker groups made up of university graduates, migrant workers, and rural educated youth have returned home to start businesses. These returning-home makers have an innovative awareness and entrepreneurial enthusiasm, but in the process of starting businesses they have also encountered
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Green agriculture does not mean returning to traditional farming
Driven by modern science and technology, China's agricultural output growth has outpaced population growth, successfully achieving the goal of "producing more." However, under the output-oriented development model, the long-term continuous increase in agricultural production has also come at a heavy cost to resources and the environment. Fertilizers,
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How did the potato make a comeback to become a staple food in China?
For hundreds of years, the potato has always been an everyday dish on the dining tables of ordinary Chinese people. However, since the beginning of this year, as China proposed expanding potato planting area and gradually making it a staple food crop to safeguard national food security, the unassuming potato has begun to step into the spotlight.
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Why are rural people still a byword for backwardness?
A survey recently conducted by the Social Survey Center of China Youth Daily shows that over these years, 51.2% of respondents have changed their impression of rural people a great deal, yet 40.3% of respondents believe the term "rural people" is still ambiguous, and 53.9% of respondents believe the gap between
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