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What factors affect the inverted grain price gap in China?
The phenomenon of inverted domestic and international grain prices has become one of the hottest topics in government departments and the agricultural economics field recently. In July this year, Chen Xiwen, deputy head and director of the Office of the Central Rural Work Leading Group, mentioned that China is currently facing an
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China's agricultural trade deficit and price gap have become the norm
Xinhua News Agency, Beijing, November 15 (Reporter Wang Yu) Although China's grain production has achieved 11 consecutive years of growth since 2004, agricultural trade has correspondingly shown a "double norm" phenomenon of a normalized deficit and a normalized price inversion. This is what the reporter learned from the 2015 (
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China's agricultural trade deficit and price inversion have become the dual norm
Although China's grain production has achieved 11 consecutive years of growth since 2004, agricultural trade has correspondingly shown a "dual norm" phenomenon of a normalized deficit and normalized price inversion. This was learned by the reporter at the 2015 (Third) China Grain and Food Security Strategy Summit held here
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Imported grain enters the market while domestic grain goes into storage, with a huge price gap at home and abroad
This year China's summer grain achieved a twelfth consecutive bumper harvest. Last year, China's grain output remained stable above 1.2 trillion jin for two consecutive years. At the same time, grain imports exceeded the 100 million ton mark for the first time. In the first seven months of this year, 72.568 million tons of grain were imported, up 22.4% year on year. This has left many people puzzled
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In China's grain sector, foreign goods are entering the market while domestic goods go into storage, with a huge price gap between domestic and international markets
Domestic production and inventories are growing, and imports are also climbing. All three are rising together - is there too much grain or too little? By our reporter Feng Hua. This year China's summer grain achieved a twelfth consecutive bumper harvest. Last year, China's grain production remained stable above 1.2 trillion jin for two consecutive years. At the same time, grain
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Egg prices rise again, with laying hen "supply gap" as an important driver
"The previous climb in egg prices was mainly driven by high temperatures." Zhu Binglin, vice president of Shanxi Jinlong Group, explained to reporters that high temperatures caused a rise in the proportion of laying hens "resting in summer," reducing egg supply. With both laying rate and egg weight declining, the national chicken
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Widening corn price gap at home and abroad may accelerate corn imports
Analysts say that as international corn prices tumble sharply, the price gap between China's domestic corn prices and the international market has widened further, making full-tariff imports more economically viable, and China's corn imports are expected to grow. China is the world's second-largest corn
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The price gap between japonica and indica rice is expected to have room for further widening later
According to statistics from relevant institutions, the policy-based procurement volume of japonica rice this year was higher than the previous year, while the procurement volume of mid-to-late indica rice was lower than the previous year. Even taking into account the factor of increased production of mid-to-late rice, the market circulation volume of japonica rice is still expected to be smaller than that of mid-to-late indica rice. In addition, the mid-to-late indica rice sold through centralized auctions in January will be concentrated in outbound shipments in the near future.
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Cotton price reform responds to excessive domestic and international price gaps, cotton enterprises wait and see on subsidy distribution
On September 22, a relevant official of the National Development and Reform Commission said at a press conference on "Cotton Target Price Reform Pilot and Market Regulation" that the NDRC will suspend the release of reserve cotton and implement target price reform. It is reported that, with the approval of the State Council, the NDRC approved last week
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NDRC expects domestic and international cotton price gap to narrow to a reasonable range
On the 22nd, the National Development and Reform Commission (NDRC) held a press conference on the pilot reform of the cotton target price and market regulation. Wen Bugao, the host of the press conference, stated that since China implemented the pilot reform of the cotton target price and the pilot market regulation, the price gaps in the domestic and international cotton and soybean markets
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