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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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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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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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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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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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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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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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Industry insiders say global sugar production is highly likely to decline in 2015/2016
As international raw sugar import channels become increasingly open and domestic raw sugar processing capacity expands, the influence of international sugar prices on the domestic market has grown accordingly, and the correlation between the two markets has begun to increase. However, since 2015, the domestic and international markets have moved in opposite directions: international
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Is the decline of rural areas really unavoidable?
Since industrialization, it has been a very common phenomenon for various resources to flow from rural areas to industry and cities. As long as industrialization is implemented, rural change is unavoidable. And to achieve a balanced state between rural and urban areas, the most fundamental thing is to narrow the cultural
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Southern japonica rice prices expected to keep falling; indica rice market remains stable
Since April, the volume of policy rice and reserve rice of all levels released from warehouses in the main southern japonica rice producing areas has increased markedly, boosting market supply; however, as temperatures rise, market demand for rice tends to weaken. At present, japonica rice prices in some southern regions have begun to decline, but due to
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