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Temporary storage corn purchases significantly boost corn prices
The progress of temporary storage corn purchases has been very rapid, with an obvious effect on prices. At present, market prices in Heilongjiang and Inner Mongolia have already approached the temporary storage level, and parts of Jilin and Liaoning have already shown a premium over the temporary storage level. At present, price trends in Northeast China are basically led by temporary storage purchases. Because temporary storage purchases
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How will agricultural product prices be formed in the future? Improving the purchase and storage system is urgent
On the 11th, the State Council executive meeting again raised the reform of the grain price formation and purchase and storage mechanism. Just a few days earlier, the full text of the "Recommendations of the Central Committee of the Communist Party of China on Formulating the Thirteenth Five-Year Plan for National Economic and Social Development" (hereinafter referred to as the "Recommendations") was published, which also mentioned reforming agricultural product
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Tighter Temporary Corn Storage Purchases, Prices Unlikely to Keep Rising This Year
As one of the country's important grain crops, corn prices have fallen sharply and continuously since the start of this year, with corn futures dropping all the way from a high of 2400 yuan/ton at the beginning of the year to a low of 1788 yuan/ton, as short sellers kept adding positions and the open interest in corn futures contracts repeatedly hit new highs
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First day of northeast corn temporary storage purchase: grain prices lowered, farmers reluctant to sell
Grain prices lowered, farmers reluctant to sell and waiting to see - northeast corn temporary storage purchase launch first day observations On the 1st, the three northeast provinces launched the 2015 state temporary storage corn purchase policy. At some purchase depots, reporters saw that autumn grain purchase funds were already in place, but not many farmers had yet come
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Purchase Prices of the Three Major Staple Grains Fall; Experts Suggest Raising Pensions and Other Measures to Cope
[Farmers' Income May Suffer Losses of Hundreds of Billions; Purchase Prices of the Three Major Staple Grains Fall Across the Board] Since the start of autumn this year, the value of corn and wheat in major grain-producing areas has fallen to varying degrees. Corn has fallen by an average of more than 20%, with the largest drop reaching 30% compared with last year. Analysts say that this year special attention must be paid to
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Purchase prices for China's three major staple grains fall across the board, farmers' income could suffer losses in the hundreds of billions
A bumper grain harvest, a sharp drop in grain prices, and a plunge in farmers' income. Since the start of autumn this year, the value of corn and wheat in major grain-producing areas has fallen to varying degrees. The drop in corn prices is particularly pronounced, with farm-gate prices falling by an average of more than 20%, and the largest decline reaching 30% compared with last year
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2016 wheat minimum purchase price remains unchanged, wheat prices expected to stop falling
The reporter recently learned from the National Development and Reform Commission that in order to protect farmers' interests and prevent "cheap grain hurting farmers," the government will continue to implement the minimum purchase price policy in major wheat-producing areas in 2016. Taking into comprehensive consideration factors including grain production costs, market supply and demand, domestic and international market prices, and the development of the grain industry
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Summer Grain Purchase Investigation: Grain Prices Open Low and Move Steadily, Farmers Panic-Selling and Holding Back Both Decline
Grain prices opened low and are moving steadily, enterprises are more rational in purchasing, and farmers panic-selling or holding back are both decreasing. Near noon, at the "Zhongyu contract high-quality wheat" purchasing point in Binzhou, Shandong, 45-year-old Hu Fuhua sits on a tricycle, waiting to sell grain. With a towel draped around his neck, he wipes the sweat from his face
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Rice minimum purchase price policy boosts rice prices, but farmers' income growth still needs policies in place
Editor's note: Starting July 28, Anhui, Jiangxi, Hunan and Hubei provinces successively launched the 2015 early indica rice minimum purchase price procurement, easing the brief pressure on market purchase prices in the early period, and the policy's price-support effect is gradually emerging. However, constrained by storage conditions, farming schedules, etc.,
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New wheat purchase progress slow, market prices remain stable
New wheat purchase progress slow, prices stable. Last week new wheat entered the concentrated purchase period, with purchase progress slowing compared with last year, and the minimum purchase price policy dominating the market. Later, as large volumes of new wheat from the main producing areas come onto the market, the supply pressure of grain sources in the circulation market will gradually become prominent; at present, the policy-based purchase progress in the main producing areas is clearly lagging behind the same period last year, which also weakens its squeezing effect on the circulation market, and terminal demand will remain weak in the short term, making it difficult for wheat prices to gain obvious upward momentum.
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