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Autumn Grain Purchase Funding Fully Guaranteed by ADBC
Since the full launch of this year's autumn grain purchase, the Agricultural Development Bank of China has unswervingly implemented the national grain purchase and storage policy, fully given play to its function as an agricultural policy bank, and made every effort to guarantee the supply of grain purchase funds. From October 1 to November 30, it cumulatively issued mid-to-late indica rice,
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China's grain sees simultaneous increases in three quantities, experts say overall supply exceeds demand
Currently China's grain is experiencing the phenomenon of simultaneous increases in three quantities - rising output, rising imports and rising inventories - which has aroused widespread public concern. Experts believe that to solve the problem of high grain inventories, one cannot treat only the symptom and not the root cause. If only consideration is given to digesting the high
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Agricultural development needs to shift from grain supply to the pursuit of economic returns
Advancing agricultural modernization and transforming the agricultural development model are the focus of China's 13th Five-Year Plan for agriculture. How should agricultural development transform its model under the 13th Five-Year Plan? In the view of Li Jieren, Party Secretary of the Rural Economy Research Center of the Ministry of Agriculture, the extensive production that used to pursue output above all, and the low efficiency brought by excessively dispersed smallholder production, both urgently require a transformation of the model.
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What new trends are emerging in China's grain supply?
Recently, a kind of potato steamed bun, also called potato bun, quietly appeared and sold well in more than 200 supermarkets in Beijing. It is understood that by October this year, the sales range will also expand to more than 500 supermarkets in the Beijing-Tianjin-Hebei region. This bun, which looks slightly yellow and is not
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Grain-to-Feed Policy Boosts the Feed Industry, May Change the Raw Material Supply Landscape
In the view of industry insiders, judging from the development cycle of China's livestock and feed industry, the domestic livestock industry has already passed its period of rapid growth around 2005 and entered a mature stage. However, within the next 5 years, the domestic feed industry can still enjoy growth brought by economies of scale.
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Analysis of China's Food Security Situation: Supply and Demand Fundamentally Balanced
The total net imports of the three major staple grains last year were around 19 million tonnes, and the total for the first seven months of this year has already reached 11.439 million tonnes. Moreover, after corn entered its "first full year of imports" in 2011, China is also expected to surpass Egypt this year to become the world's largest wheat importer.
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Corn-producing areas see reduced surplus grain, supply-demand conflict to emerge after the New Year
As the year-end approaches, farmers in producing areas are actively selling grain, the pace of temporary storage purchases is steadily rising, feed enterprises are beginning to prepare pre-New Year stockpiles, and trading activity in the corn market is heating up, but corn prices have not been boosted. It is expected that after the Spring Festival, with large volumes entering temporary storage, traders' inventories
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Guangdong's Winter Planting Breaks New Ground: Stabilizing Grain, Boosting Income, Ensuring Supply
The Start of Winter has passed, and all parts of the province have successively entered the busy winter planting season. Walking through the fields, the atmosphere of rural winter planting is very strong. In Meizhou, farmers are busy in agricultural supply stores selecting seeds and seedlings, fertilizers and pesticides and other production materials; in Shaoguan, sprinkler irrigation systems are watering continuous
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China's Grain Output Rises Year After Year, Yet Supply and Demand Remain Tight: How Much Room Is There to Raise Yields Per Unit Area?
At present, the national winter wheat autumn sowing is drawing to a close. China's wheat has enjoyed bumper harvests for many consecutive years, yet stable development still faces some weak links. Under the rigid constraints of land and water resources, declining comparative returns from planting, and the impact of the international market, how can China's wheat achieve stable production and increased output?
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Rising Risks for Corn as Prices Face a Pullback; Tight Supply of High-Quality Grain May Ease
Since June and July, corn futures prices have risen sharply, driven by drought weather and tight supply of high-quality grain. Among them, the nearby 1409 contract showed the most obvious trend, with corn 1409 rising about 14.58% and 1501 rising about 4.35% in the short two months to the end of August. The earlier rapid rise in corn futures prices
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