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Corn procurement and storage price falls 10% from last year, the dilemma of cheap grain hurting farmers awaits resolution
"When sowing, we hoped for a good harvest, but after the autumn harvest, we often fear that grain prices won't rise and we won't get a good price, wasting a whole year's work." A farmer in Rizhao, Shandong, told the China Industry and Economy News reporter.
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The Decline of China's Fisheries Development: Mu Yongtong on Whether the Blue Ocean Strategy Should Be Implemented
[Lead-in] Live off the mountain if you live by the mountain; live off the sea if you live by the sea. But today's sea is no longer the sea of the past. Does today's sea still have resources worth tapping? Mu Yongtong, professor at Ocean University of China, explains in detail. [Spoken intro] Bountiful Haiyang, four seasons in the countryside. Hello, friends in the audience,
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In the first half of 2015, China's exports of Chinese medicinal materials fell 7.5% year on year
From January to June 2015, China's exports of Chinese medicinal materials and prepared slices of Chinese crude drugs amounted to 550 million USD, down 7.5% year on year. Export volume was 94,000 tons, up 3.27% year on year, and the average export price was 5.8 USD/kg, down 10.4% year on year. The decline in export prices was the main reason for the slowdown in the growth of Chinese medicinal materials and prepared slices.
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Wheat prices decline, leaving traders and flour mills in misery
At the end of September, many grain depots in the Puyang area posted a purchase price of 1.17-1.2 yuan/jin for national-standard second-grade wheat, which has now been lowered to 1.12 yuan/jin. Cui Ruibing, a wheat trader in Puyang, Henan, told the reporter that entering October, although no major bearish factors appeared in the market and the wheat market also entered the traditional peak demand season, wheat demand simply showed no improvement, and coupled with corn prices falling relentlessly, the wheat purchase price also kept sliding.
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China's summer grain state reserve purchase volume fell 23% year-on-year this year
Since Sinograin launched the wheat state reserve purchase in Jiangsu, Hubei, Anhui, Henan and Shandong at the end of May, and launched the early indica rice state reserve purchase in Anhui, Jiangxi, Hunan and Hubei at the end of July, the purchase work has been steady and orderly, and has now entered its final stage. As of September 10, Sino
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High-quality wheat prices decline amid falling demand from flour milling enterprises
Currently, the purchase price paid by grain brokers for Gaoyou 2018 is 1.30 yuan/jin, and the purchase price for Shiluan 02-1 is 1.36 yuan/jin, both down by 0.05-0.07 yuan/jin compared with the purchase prices when new wheat came onto the market in June and July, said Yang Xinshe, a wheat trader in Baixiang County, Hebei Province. Since new wheat came onto the market this year,
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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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Export Volume of Chinese Medicinal Materials and Decoction Pieces Declined in the First Half of 2015
According to statistics from the Traditional Chinese Medicine Department of the China Chamber of Commerce for Import and Export of Medicines and Health Products, in the first half of 2015, China's export value of Chinese medicinal materials and decoction pieces was 550 million USD, down 7.50% year on year. This was mainly reflected in a 10.43% year-on-year decline in the average export price. This was the first decline in export value since the major bull market of 2010.
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National early rice output fell 0.9% year-on-year in 2015
XINHUA NEWS AGENCY, BEIJING, AUGUST 21 (Reporter Wang Xi) The National Bureau of Statistics released national early rice production data on the 21st. This year's national early rice output was 33.691 million tons (67.38 billion jin), a reduction of 320,000 tons from 2014, down 0.9% year-on-year. According to a survey by the National Bureau of Statistics,
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Why did early rice production decline? Statistics Bureau: Drought and lower enthusiasm for planting
China News Service, August 21 - According to national early rice production data released today by the National Bureau of Statistics, China's early rice output in 2015 was 33.691 million tons, a decrease of 320,000 tons from 2014, down 0.9%. Hou Rui, a senior statistician of the Rural Department of the National Bureau of Statistics, said in an interpretation that the early rice sown area
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