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Temporary storage early indica rice auctions restart, rice market to remain under pressure later
It is understood that on October 13, 2015, China once again launched auctions of early indica rice from temporary storage, at a time when the government price-support purchase of the new-season early indica rice had just ended and new-season mid-to-late indica rice was coming onto the market. China's most recent auctions of temporary-storage early indica rice began on October 21, 2014
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Continued progress in agricultural modernization drives substantial growth in demand for instruments
Developing ecological agriculture, water-saving agriculture, dryland agriculture, precision agriculture and plant protection creates a great demand for scientific instruments. Breeding new varieties of crops, livestock, fisheries and forestry with high quality, high efficiency, high yield and high resistance is likewise inseparable from scientific instruments. Agriculture requires analytical testing
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Pig-to-grain price ratio rises, beef and mutton prices continue to fall, what about raw milk prices?
According to fixed-point monitoring of livestock product and feed prices at 480 rural fair markets nationwide, in May 2015 pig products and corn prices rose, while other major livestock products and feed prices mainly fell. Based on the rural fair market monitoring caliber, the May pig-to-grain price ratio was 5.66:1, up
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Corn inventories continue to be drawn down, and the choppy market will persist
In terms of quotes from major regions, as of June 19, prices in Dalian, Jinzhou, Changchun, Weifang and Shekou stood at 2,410 yuan/tonne, 2,400 yuan/tonne, 2,380 yuan/tonne, 2,400 yuan/tonne and 2,480 yuan/tonne respectively, with changes from the previous week of 0 yuan/tonne, 0 yuan/tonne, 0 yuan/tonne, +10 yuan/tonne and -
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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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Cloud Farm Continues to Lead Internet Plus Agriculture, Boosting China's Agricultural Development
Driven by the rapid penetration of the Internet and policy support, agricultural e-commerce is currently spreading like wildfire, and capital from all sides is actively positioning itself to seize this new blue ocean. At the end of 2014, China's leading large-scale investment group - Legend Holdings - made a strategic investment of tens of millions of US dollars in Cloud Farm, in order to
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Minimum Purchase Price Policy for Rice and Wheat to Continue
The Summary of Replies to Recommendation No. 1480 of the Third Session of the Twelfth National People's Congress (hereinafter referred to as the Summary) recently published by the Ministry of Agriculture shows that the minimum purchase price should continue to be maintained for the two staple grain varieties, rice and wheat, while for varieties such as corn, soybeans, cotton and rapeseed, emphasis should be placed on
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Poverty alleviation relay continues without letup, steadily consolidating the achievements of poverty alleviation
The towering Wuling Mountains will not forget that there is a solemn promise, upheld for 30 years as if it were a single day: if farmers do not escape poverty, the assistance will not be unlinked; the gentle Qingjiang River will not forget that there is a sincere dedication, integrating with the grassroots, industry-based poverty alleviation, abundant fruits. Since 1986, the Ministry of Agriculture
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China's Corn Stockpiling Policy to Continue for Another Year
Industry analysts say China will implement its corn stockpiling policy for another year before fully liberalizing domestic corn prices. The stockpiling policy aims to raise rural incomes, but some market participants point out that this policy has led to high domestic corn prices. Currently China's corn
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Two Longping High-Tech Rice Varieties Discontinued: Company Responds That It Is a Natural Course of Events
According to a report by China National Radio's "News Vertical and Horizontal," last year, large-scale reductions in grain yields in Bengbu, Anhui, with some fields suffering total crop failure, drew attention from the media and all sectors of society. Affected farmers accused Longping High-Tech of inconsistent resistance labeling on its rice seeds and suspected false advertising. A reporter's on-site investigation
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