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Why the Northern Wheat Purchasing Peak Is Slow to Appear
The 4-month concentrated wheat purchasing period has quietly passed its halfway point. Since the 2015 summer harvest, the buying and selling of new wheat has been less active than in previous years, and market conditions appear weaker year on year. Good wheat prices have stabilized, while low-quality wheat is cheap and hard to sell. Since mid-July, the heat in the new wheat purchase and sale market in the main producing areas has
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The strange phenomenon of rapeseed purchasing gradually fades: oil mills won't buy, farmers won't sell
According to the spirit of the "Notice on Doing a Good Job in the 2015 Rapeseed Purchase Work" issued by five departments including the National Development and Reform Commission, major rapeseed-producing areas such as Hubei Province have recently begun to deploy rapeseed purchasing work one after another. This marks the final implementation of the 2015 new-crop rapeseed purchasing policy. Policy implementation
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For agriculture to be strong, farmers must be strong
Currently, during the peak season of summer grain purchasing, the State Administration of Grain recently issued an emergency notice, requiring strict supervision and serious investigation and punishment of the practice of giving IOUs to farmers selling grain. The notice pointed out that since the second half of 2014, a few grain business enterprises have, in grain purchasing, violated national
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After New Early Rice Hits the Market, Purchasing Turns Cautious: Industry Views and Analysis
New Early Rice Hits the Market, Purchasing Shows Caution. At present, the new-season early indica rice in the south has fully hit the market, and the purchase price of 2015-produced national standard third-grade early indica rice is currently below the 2015 domestic minimum protective price for early indica rice. Purchasing entities are mainly grain depots, while small and medium-sized processing enterprises, due to the rather serious "strong rice, weak milled rice" phenomenon, are relatively cautious about entering the market to purchase, generally focusing on purchasing high-quality early indica rice, mainly to meet their own processing volume before the new-season middle indica rice hits the market. As new-season early indica rice hits the market and new-season middle indica rice is about to hit the market, the already loose supply of raw grain in the market becomes even looser, and with various entities busy purchasing new grain, the auction market transactions appear somewhat sluggish.
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New Wheat Purchasing Priced by Quality, Market Trends Clearly Diverging
Currently, the harvest of new wheat in China's main producing areas is basically complete. According to the Ministry of Agriculture's crop monitoring, this year's summer grain is expected to achieve another bumper harvest, with total output reaching a new high. Because the market "does not lack grain," and affected by weather, the overall pace of new wheat purchasing in the main producing areas has been slow. Due to
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Special inspection of summer grain purchasing organized by the National Food Administration
The 2015 summer grain purchasing work has already been fully launched. In order to ensure the smooth progress of summer grain purchasing, the National Food Administration recently organized and carried out special supervision and inspection work on summer grain purchasing. The reporter learned from the National Food Administration on the 29th that this special inspection focuses on five aspects: first, the policy
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Slow progress in purchasing newly harvested wheat, market demand is sluggish
"Who dares to rush and buy now? Small traders who purchased farmers' wheat earlier would be lucky just to sell it off smoothly," Xi Yuecun, a wheat trader in Zhumadian, Henan, told reporters. It is understood that this year during the wheat harvest season, rainy weather occurred in Jiangsu, Hubei, Anhui, southern Henan and other places
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Rapeseed purchasing entity shifts to local level starting 2015
The reporter learned from the National Grain Administration on the 18th that starting in 2015, the entity responsible for rapeseed purchasing will shift from the central government to local governments, with local governments responsible for organizing various enterprises to carry out rapeseed purchasing. It is reported that the National Development and Reform Commission, the National Grain Administration, the Ministry of Finance, the Ministry of Agriculture, and the Agricultural Development Bank of China
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Price standoff emerges in summer grain purchasing; farmers hold back sales as grain prices rise
As the wheat harvest gradually draws to a close, summer grain purchasing is slowly heating up, and a standoff among farmers, grain traders and processing enterprises is quietly unfolding. A reporter recently learned from Qihe, a major grain-producing county in Shandong, that although the current wheat purchase price is level with the same period last year,
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National Grain Administration: Summer grain hits a new high of 282.1 billion jin, autumn grain purchasing gets underway
On the morning of the 9th, the National Grain Administration announced the progress of this year's summer grain purchasing in China and the preparations for autumn grain purchasing. This year, China's summer grain output hit a new high again, reaching 282.1 billion jin, an increase of 8.9 billion jin year on year. At the same time, summer grain purchasing in the main producing areas proceeded smoothly. At present
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