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Lower corn prices support a rising pig-to-grain ratio, potentially squeezing room for price increases
The National Development and Reform Commission recently released data showing that the national pig-to-grain price ratio has declined somewhat. On September 30, the pig-to-grain ratio was 7.82, down 0.89% from September 23. Jiang Chao, a macro bond researcher at Haitong Securities, believes that the current pig-to-grain ratio remains around 8, far above the break-even line of 6, which
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China steps up wheat support-buying to counter sluggish global agricultural prices
A reporter learned from the Hebei Provincial Grain Bureau that Hebei Province started the "2015 Wheat Minimum Purchase Price Implementation Plan" (hereinafter referred to as the "Plan") on September 11. Since August, wheat purchase prices in Hebei Province have continued to decline, and the current market purchase price has already fallen below the government-set
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Grain price-raising market support policy helps farmers increase income by more than 55 billion yuan
From the National Grain Administration: In 2014, all parts of the country, through measures such as raising prices to support the market, increasing purchases, paying higher prices for higher quality, improving quality through drying and cleaning, and reducing post-production losses, helped grain-growing farmers increase income by more than 55 billion yuan. Ren Zhengxiao, director of the National Grain Administration, said that in main producing areas where grain purchase and storage pressure was high
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Side Effects of Grain Price Support Purchasing and Storage Emerge, Experts Suggest Changing Subsidy Methods
Every year's No. 1 Central Document concerns agriculture, and this official way of attaching importance gives concrete expression to the Chinese notion that "food is the first necessity of the people." China has a large population, and food security has always been of paramount importance. Although there have been many consecutive years of bumper harvests, the state has not relaxed in the slightest on the grain issue.
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Corn price-support purchases have become a double-edged sword, and the purchase price is the key
As China's corn enters the harvest season, the issue of temporary state reserve price-support for corn has once again become a focus of attention in the industry. Although the industry has different views on the temporary reserve price-support, in the face of the current situation of overproduction of corn in China, the temporary reserve is still an important means of resolving the quantitative contradiction.
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China's grain prices rank among the world's highest, and high-price market-support purchases have led to grain piling up in warehouses
China is not the world's most developed country, yet China's grain prices have for several years running remained higher than the international market. Large-scale grain and oil reserve purchases have kept China's grain prices rising steadily, and the China Grain Reserves Corporation (hereinafter "Sinograin"), which handles the grain and oil reserve purchases, has maintained a relatively
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Hunan and Hubei fat pigs sold cheap, hog prices break below support and fall
A brief analysis of hog prices in Hunan and Hubei: fat pigs sold cheap, hog prices break below support and fall
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2016/6/7 Garlic Price Report: Is There Support After 20 Consecutive Days of Gains?
2016/6/7 Garlic Price Report: Is There Support After 20 Consecutive Days of Gains?
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Chicken prices stabilize and rebound; Ministry of Agriculture says support policies are showing initial results
Ministry of Agriculture: Support policies show initial results as chicken prices stabilize and rebound
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Beef price rise fails to spur farming: lacking policy support, raising cattle is worse than raising pigs
Beef price rise fails to spur farming, lacking policy support, raising cattle is worse than raising pigs
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