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Target Price Pilot Program for Agricultural Products Hands Price Formation to the Market
According to the requirements of the Central Document No. 1 and the arrangements of the State Council, this year the state launched pilot target price subsidies for cotton in Xinjiang, China and soybeans in Northeast China and Inner Mongolia. With the approval of the State Council, the National Development and Reform Commission, together with the Ministry of Finance and the Ministry of Agriculture, announced to the public on April 5 and May 17 the 2014 target price levels for cotton and soybeans, at 19,800 yuan/ton for cotton and 4,800 yuan/ton for soybeans.
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Super Rice Breaks 1,000 Kilograms per Mu: Ministry of Agriculture Announces New Record
According to a report by China National Radio's "News and Newspaper Digest," the Ministry of Agriculture announced yesterday (the 10th) that the fourth-phase Chinese super rice led by Academician Yuan Longping has exceeded 1,000 kilograms per mu. The review for renewal of safety certificates for genetically modified insect-resistant rice and high-phytase corn, which expire in August this year,
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In 2014, the minimum purchase price program for mid-to-late rice was launched in Heilongjiang and Hunan
Currently, the market prices of newly harvested mid-to-late rice in Heilongjiang and Hunan provinces have fallen to the minimum purchase price announced by the state, meeting the conditions for launching the minimum purchase price implementation plan. In order to earnestly implement the state's policy of strengthening agriculture, benefiting farmers and enriching farmers, and effectively protect the interests of grain-growing farmers, with the approval of the state
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