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This year's corn procurement and storage price is cut by 220 to 260 yuan per tonne
More purchasing entities, and a longer period than in previous years Last weekend, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance and other departments jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2015" (hereinafter referred to as the Notice). The Notice states that, with the approval of the State Council, this year the state will continue to implement the temporary corn storage and purchase policy in the three northeastern provinces and the Inner Mongolia Autonomous Region.
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Why the Temporary Corn Procurement Price Can No Longer Be Temporary
Domestic temporary procurement price rises while international market prices fall. The temporary corn procurement policy has reached its eighth year, and the news farmers received is that the temporary procurement price has been lowered from 1.12 yuan per jin to 1 yuan per jin - the first cut in eight years. In Inner Mongolia, the large-scale corn grower Wang Wuhou seemed to have been mentally prepared long ago:
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China's summer grain state reserve purchase volume fell 23% year-on-year this year
Since Sinograin launched the wheat state reserve purchase in Jiangsu, Hubei, Anhui, Henan and Shandong at the end of May, and launched the early indica rice state reserve purchase in Anhui, Jiangxi, Hunan and Hubei at the end of July, the purchase work has been steady and orderly, and has now entered its final stage. As of September 10, Sino
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China's 2015 summer grain procurement progressed smoothly
The reporter learned from the State Administration of Grain on the 9th that this year China's summer grain procurement progressed smoothly. As of September 30, 11 major producing areas including Hebei had purchased a cumulative total of 132.6 billion jin of wheat, and 8 major producing areas including Jiangxi had purchased a cumulative total of 15.9 billion jin of early indica rice. The reporter at the State Administration of Grain's news briefing held on the 9th
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Autumn grain procurement gets off to a steady start, with notable progress in grain storage technology
October 16, 2015, is the 35th World Food Day designated by the UN Food and Agriculture Organization, coinciding with the 25th National Grain-Saving and Food-Saving Publicity Week. This year's National Grain-Saving and Food-Saving Publicity Week theme is "Promoting Grain and Benefiting Farmers into Every Household." At present, autumn grain procurement is unfolding across various regions, and the grain departments
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Rapeseed procurement volume in 2015 decreased by 54% year-on-year
According to relevant statistics, as of September 30, various grain enterprises in 9 major production areas including Sichuan and Hubei had procured 10,000 tons of newly produced rapeseed, a decrease of 1.88 million tons compared with the same period of the previous year, a decline of 54%. Due to this year's policy adjustment canceling the unified temporary storage procurement, rapeseed
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Corn procurement and storage price falls 10% from last year, the dilemma of cheap grain hurting farmers awaits resolution
"When sowing, we hoped for a good harvest, but after the autumn harvest, we often fear that grain prices won't rise and we won't get a good price, wasting a whole year's work." A farmer in Rizhao, Shandong, told the China Industry and Economy News reporter.
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Can the reform of the procurement and storage policy solve the grain collection dilemma?
Corn in crisis, wheat in crisis, rice in crisis. Recently, when people in the grain business occasionally got together, a certain trader could not help but adapt a scene from a TV drama to mock his current business predicament. Data shows that in 2014 the national grain output reached 607 million tons, while
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Grain reserve procurement should make it easier for farmers to sell grain
Recently, reporters conducted a survey of grain procurement in Changsha, Changde and other places in Hunan, visiting local state-owned grain purchasing and storage enterprises, private grain processing enterprises, grain purchasing and sales brokers, and ordinary farmers. During the survey, reporters found that during the period of minimum purchase price procurement for grain
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Domestic japonica rice procurement progress accelerates year-on-year, prices overall stable with a slightly stronger bias
In early to mid-November, the harvest of the new-season japonica rice in Northeast China was basically completed, and japonica rice in Jiangsu and Anhui had also entered the final stage. Affected by weather, the quality of rice in Northeast China this year declined somewhat compared with last year. At the same time, boosted by policy-based procurement, various grain enterprises increased their market purchases,
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