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Wheat quality remained stable in 2015, with structural changes intensifying
The reporter learned from the "2015 Wheat Quality Evaluation and Wheat Quality Improvement Seminar" held recently that the quality status of wheat samples submitted for inspection in China in 2015 was generally stable. However, the structure of high-quality wheat has undergone obvious changes: the proportion of samples of strong-gluten and weak-gluten varieties is small, and medium-strong-gluten and medium-gluten wheat have become the main varieties of high-quality wheat meeting the standards.
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Overall Level of Agricultural Product Quality and Safety Remained Stable in the Third Quarter
From July to September 2015, the Ministry of Agriculture organized and carried out the third-quarter routine national monitoring of agricultural product quality and safety (risk monitoring), covering 94 parameters across 84 varieties of 4 major categories of products - vegetables, fruits, livestock and poultry products, and aquatic products - in 152 large and medium-sized cities across 31 provinces (autonomous regions and municipalities), with 11,315 samples tested and an overall pass rate of 97.7%.
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What is the future price trend for wheat? Industry insiders expect it to remain stable
Last week, new wheat prices remained stable, and processing enterprises began to use large quantities of new wheat for processing, but market trading was sluggish. The wheat market price is expected to remain stable in the future. Recently, universities and colleges have started the new semester and the Mid-Autumn Festival is approaching, so flour sales will see a small peak season,
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Policy rice sales remain sluggish, japonica-indica rice price spread stable
After mid-October, policy-backed competitive bidding for japonica rice and indica rice reopened. However, as the volume of new grain coming onto the market continued to increase, the transaction rate in the old rice market declined compared with the earlier period. As of now, China's total policy rice transactions stand at 3.93 million tons. Total policy japonica rice transactions
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Corn prices remain stable but weak, industry views and interpretation
Corn prices remain stable but weak. Entering July, from the perspective of the large domestic corn market, short-term market supply is sufficient, downstream demand remains weak, temporary storage auctions continue to be sluggish, the north-south port price inversion is severe, and corn substitutes continue to capture ports and sales area markets.
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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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Corn prices in sales areas remain stable, with market buying and selling relatively quiet
Corn prices in sales areas stable with quiet buying and selling. Currently, the overall buying and selling in corn sales area markets is quiet, with quotations mainly stable and slight rises and falls in some areas. Affected by the temporary reserve auction and the North Port's higher-price purchasing, corn from Northeast China has seen quotations in sales areas rise by 10 yuan/ton; in North China, due to emptying warehouses to collect wheat, short-term market supply is ample, and arrival prices in sales areas are mostly stable, but in some areas of Henan, due to grain quality issues, quotations in sales areas have fallen by 40 yuan/ton compared with the beginning of the month. At present, the use of substitute grains has increased noticeably, but recent market rumors that the state will strengthen ongoing and post-event supervision of imported grain and epidemic monitoring may have a certain impact on imported substitute grains.
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China's annual corn imports remain stable
According to the May global grain market trade report released by the United States Department of Agriculture, China's corn imports in 2015/16 are expected to remain stable at 3 million tons, because domestic corn production is expected to hit a record high, domestic stocks are sufficient, and the government encourages traders to purchase domestic corn
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New-season wheat is in the grain-filling stage, old-crop wheat prices remain stable
In May 2015, new-season wheat was in the critical period of yield formation; the wheat production situation will have an important impact on the domestic wheat market in the new year, and will also become an important basis for whether the minimum purchase price policy for domestic wheat can be activated this year and the scope of its activation. In the new market environment
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Southern japonica rice prices expected to keep falling; indica rice market remains stable
Since April, the volume of policy rice and reserve rice of all levels released from warehouses in the main southern japonica rice producing areas has increased markedly, boosting market supply; however, as temperatures rise, market demand for rice tends to weaken. At present, japonica rice prices in some southern regions have begun to decline, but due to
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