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Corn price fluctuation risks remain in the outlook, North China market needs caution
Since mid-December, corn prices in the North China production area have fluctuated quite frequently, overall going through a process of decline-rebound-decline. On one hand, the weather improved, corn supply in North China recovered quickly, and enterprises saw increased arrivals, but downstream demand could not absorb it effectively, and the market pattern shifted again from a period of tight supply to a situation of oversupply, with prices continuing to fall reasonably as the market expected. On the other hand, grain moisture content was relatively high, and enterprises interested in low-moisture grain sources were forced to raise purchase prices, which in turn drove prices to stop falling and stabilise, and combined with increased outflow of some grain sources, prices in some areas even rebounded slightly. As of now, the ex-factory price of 14.5% moisture third-grade corn at deep-processing enterprises in Weifang, Shandong is 1880-1940 yuan/tonne, down about 20 yuan/tonne from last weekend, with a few enterprises seeing slightly larger declines; the ex-factory price in Shijiazhuang, Hebei is around 1740 yuan/tonne, down about 20 yuan/tonne from last weekend. It is expected that in the short term North China corn will remain stable with a weak bias, and prices will fall more in areas where farmers are more active in selling grain.
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June Domestic Rice Market Review and Outlook
Since June, the domestic rice market has been generally relatively stable overall, with slight fluctuations in some areas. At the same time, japonica rice auctions continued to see low transaction rates. Meanwhile, demand in the domestic rice market entered the off-season for consumption. In addition, the volume of imported rice climbed sharply. The detailed analysis is as follows:
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Strong-gluten wheat snapped up and hoarded at high prices: how big is the market risk ahead?
Since late June, as the wheat harvest north of the Yellow River has basically ended, the range of new wheat coming onto the market in the main producing areas has gradually expanded, and market buying and selling has become more active than in the earlier period. Judging from recent purchasing conditions in various regions, the price of new ordinary wheat has been running relatively stable, but price trends in the north and south
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Outlook for China's Agriculture in the Next Decade: Steady Development of Livestock Products
How will the production, consumption, prices and trade of agricultural products trend over the next 10 years? The 2015 China Agricultural Outlook Conference was held in Beijing on the 20th, where the Market Early-Warning Expert Committee of the Ministry of Agriculture released the "China Agricultural Outlook Report (2015-2024)", providing information on the supply and changing trends of 18 major agricultural products including grains, cotton, oilseeds,
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Ministry of Agriculture Releases First Agricultural Outlook Report, Focusing on Food Security in the Next 10 Years
Recently, the Ministry of Agriculture released an agricultural outlook report for the first time, predicting that over the next 10 years, higher yields per unit area will become the main factor in agricultural production growth, and the agricultural industry chain will be further expanded and extended; market supply and demand for major agricultural products such as grain, cotton, oil, sugar, meat, eggs and milk will continue to remain balanced.
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Agricultural outlook work benefits agricultural modernization
On the 20th, the Market Early Warning Expert Committee of China's Ministry of Agriculture released the "China Agricultural Outlook 2015-2024," providing outlook and early warning forecasts for the trends in China's agricultural product production, consumption, prices, and trade over the next 10 years. The richness of its content has attracted much attention from all sides. Carry out agricultural
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Severe overcapacity in the fertilizer industry leaves listed companies with a bleak outlook
The annual spring plowing season has once again slowly begun, yet the fertilizer industry, which is closely tied to farming, has been slow to show any sign of "spring." Recently, Xinyangfeng released its annual report, which stated that the company's main business, phosphate and compound fertilizer, which accounted for about 96.97% of total revenue in 2014, saw inventory exceed 20% of total assets for two consecutive years in 2013 and
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China Agricultural Outlook Initiative Launched by the Ministry of Agriculture
This website news: In order to adapt to the development trend of agricultural marketization and internationalization, draw on the experience of developed countries and relevant international organizations, and explore the establishment of a China agricultural outlook system suited to national and agricultural conditions, the Market Early Warning Expert Committee of the Ministry of Agriculture will organize
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Livestock and poultry farming sentiment on the rise, 2015 market outlook favorable
As of December 31, 2014, the CSI 300 Index rose 52% in 2014, while the agriculture, forestry, animal husbandry and fishery (Shenwan) tier-one industry index rose 16% cumulatively over the same period, far underperforming the broader market. This is related to the overall national macroeconomic environment in recent years, the weak nature of the agriculture, forestry, animal husbandry and fishery industry, relatively high agricultural product capacity and inventories, slow earnings growth of listed agricultural companies, the agricultural product price cycle and expected performance of national agricultural support policies.
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China Fertilizer Industry Outlook: Corporate Divergence Intensifies
As an important agricultural production material, demand in the fertilizer industry has remained relatively stable, but due to large-scale capacity expansion in earlier periods, combined with government controls on exports, the problem of overcapacity in the industry has become increasingly prominent, and this was especially evident in 2014. From January to September 2014, China's fertilizer
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