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China's Corn Stocks May Fall Next Year for the First Time in Six Years
Although Chinese farmers are still keen to plant corn, the growth momentum of China's corn stocks may come to an end. According to the latest attaché report released by the Foreign Agricultural Service of the US Department of Agriculture, China's ending corn stocks in 2016/17 may remain flat or begin to gradually decline.
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Agricultural insurance completes upgrade, premiums in first 10 months already exceed last year's total
On November 13, the person in charge of the China Insurance Regulatory Commission disclosed at a press conference on the operation of agricultural insurance that the upgrade and transformation of central-finance premium-subsidized agricultural insurance products nationwide has now been completed. From January to October this year, agricultural insurance premium income reached 33.633 billion yuan, exceeding last year's total for the whole year
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Corn temporary storage price cut for the first time in 7 years, many farmers holding onto their grain and waiting
In 2014, the state launched a pilot program of target price subsidies for soybeans in Northeast China and Inner Mongolia and for cotton in Xinjiang, abolishing the original temporary storage policy and letting the market determine the prices of these two types of agricultural products. Just one year after this policy was piloted, the
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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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Market conditions force first cut in corn temporary storage price in 7 years
The temporary corn purchase and storage policy, once rumored to be ending this year, has taken the stage again. Last Friday evening, the long-awaited 2015 temporary corn storage policy was finally announced. Liu Dong, a corn analyst at Zhuochuang Information, told the Daily Economic News that this year's temporary storage policy
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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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In 2015, the national total summer grain output reached 14.1066 million tons
In the first half of the year, despite the sustained pressure of slowing growth in the national economy, good news came once again from agricultural and rural development: China's summer grain production achieved a national total summer grain output of 14.1066 million tons, an increase of 447.0 thousand tons over 2014, up 3.3%. From an industry perspective, the 2015 summer grain increase
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Analysis of the Fisheries Economic Performance in the First Half of 2015
Since the beginning of this year, against the backdrop of increasing downward pressure on the macroeconomy, fisheries production has maintained a stable development trend, with active market transactions and ample supply, and the fisheries economy has achieved new development from a high starting point. At the same time, aquatic product prices have trended downward, export difficulties have increased, and resource
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Rural environmental governance should adhere to the principle of protection first
In recent years, the problems of environmental pollution and destruction have become increasingly serious, and the contradiction between environmental protection and economic development has become increasingly acute. Environmental problems are no longer a problem of a single region, but have become a problem restricting the economic development of the whole country. Faced with various environmental problems
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First-quarter agricultural production data released this year: production conditions continue to improve
Data for the first quarter of this year show that after grain production climbed above the 1.2 trillion jin mark for two consecutive years and farmers' income growth exceeded that of urban residents for five consecutive years, the momentum of our country's agricultural and rural economic development remains undiminished. At present, the biggest highlight of the agricultural and rural economy lies in grain
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