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Corn port inventories continued to decline as of last Friday
As of last Friday, corn inventories at the four northern ports totaled 3.457 million tons, of which inventories at Beiliang, Dayaowan, Jinzhou and Bayuquan ports were 320,000 tons, 177,000 tons, 1.46 million tons and 1.5 million tons respectively, a decrease of 50,000 tons from the previous week. Last week, the volume shipped south from the four northern ports was 360,000 tons,
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Urea resources decline this spring, localized supply may tighten
Recently, the 2015 Spring Nitrogen Fertilizer Market Situation Analysis Meeting, hosted by the China Nitrogen Fertilizer Industry Association, was held in Beijing. The meeting predicted that nitrogen fertilizer production and sales will improve in 2015, but because market resources have decreased significantly this spring, local markets may face tight supply. China Nitrogen Fertilizer Industry
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National grain prices steady with a slight decline last week
National grain prices steady with a slight decline last week According to monitoring by the Ministry of Commerce, last week grain prices in 36 large and medium-sized cities nationwide were steady with a slight decline, among which rice prices fell 0.2% from the previous week, while flour prices were flat compared with the previous week. Meat prices were steady with a decline, among which pork and mutton prices
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The downward trend in the market is hard to reverse; operators must adapt to change
In recent years, China's cotton production has undergone profound changes. Affected by continuously rising labor prices, cotton production costs have continued to rise. Compared with major cotton-producing countries internationally, China's cotton production is at a disadvantageous competitive position. Although from 2011 to 2013 the state adopted
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Sorghum prices keep falling: how should growers respond in 2014?
Since the start of 2014, sorghum prices have failed to match last year's highs and have kept falling. As of December 9, the purchase price of new-crop sorghum held at 1.00 yuan/jin, down another 11% compared with September, while the ex-factory price of old-crop cleaned grain fell by as much as 22%. 2014 sorghum prices
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Soybean Meal Prices Fall, Profits Slip, China's Soybean Imports Slow
Since the start of last week, soybean meal prices in Dalian, China have fallen 6.7%. This has pushed crushing margins into negative territory, ending the largely profitable pattern seen since early September. Soybean meal prices could be very weak early next year, and the pace of China's soybean imports will slow. Soybean meal prices fall
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Vegetable Supply Increases in October, Prices Fall Year-on-Year
According to monitoring by the Ministry of Agriculture's Vegetable Production Information Network, vegetable supply in October increased both year-on-year and month-on-month. Farm-gate wholesale prices of vegetables fell year-on-year but rose month-on-month. November marks the beginning of the off-season for vegetable production, and vegetable supply is expected to remain basically stable, with prices rising steadily. In October, vegetable
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Domestic grain prices are 50% more expensive than foreign prices and are unlikely to fall, while the grain self-sufficiency rate declines year by year
50% more expensive than foreign prices, domestic grain prices are unlikely to bow. Domestic prices of rice, wheat, corn and soybeans are 17.26%, 32.8%, 88.24% and 60.16% higher than international prices respectively. Author: Huang Lichang. Recently, the Ministry of Land and Resources and the Ministry of Agriculture jointly issued the "Notice on Further Improving the Delineation of Permanent Basic Farmland"
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Beef and Mutton Prices Rose for 13 Consecutive Years, So Why Did They Fall Back in the Peak Season?
Beef and mutton prices fell in some pastoral areas, with "difficulty selling sheep" appearing. Recently, the persistently soaring beef and mutton prices in some areas showed a phenomenon of falling instead of rising during the peak consumption season. According to monitoring, in the fourth week of October, the price of mutton in pastoral areas such as Inner Mongolia and Xinjiang was 57.34 yuan per kg, a year-on-year
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Experts estimate that China's corn production will drop by about 12 billion jin in 2014
At the 2014 National Coarse Grains and Corn Market Analysis and Production-Marketing Linkage Conference held recently in Nanchang, relevant experts analyzed and concluded: China's total corn output in 2014 is expected to be about 424.6 billion jin, a decrease of about 12 billion jin from the previous year, a decline of 2.75%. Experts estimate that China's corn production will drop by about
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