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Corn price fluctuation risks remain in the outlook, North China market needs caution
Since mid-December, corn prices in the North China production area have fluctuated quite frequently, overall going through a process of decline-rebound-decline. On one hand, the weather improved, corn supply in North China recovered quickly, and enterprises saw increased arrivals, but downstream demand could not absorb it effectively, and the market pattern shifted again from a period of tight supply to a situation of oversupply, with prices continuing to fall reasonably as the market expected. On the other hand, grain moisture content was relatively high, and enterprises interested in low-moisture grain sources were forced to raise purchase prices, which in turn drove prices to stop falling and stabilise, and combined with increased outflow of some grain sources, prices in some areas even rebounded slightly. As of now, the ex-factory price of 14.5% moisture third-grade corn at deep-processing enterprises in Weifang, Shandong is 1880-1940 yuan/tonne, down about 20 yuan/tonne from last weekend, with a few enterprises seeing slightly larger declines; the ex-factory price in Shijiazhuang, Hebei is around 1740 yuan/tonne, down about 20 yuan/tonne from last weekend. It is expected that in the short term North China corn will remain stable with a weak bias, and prices will fall more in areas where farmers are more active in selling grain.
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Central Economic Work Conference convenes, agriculture, rural areas and farmers remain top priority
The annual Central Economic Work Conference was held in Beijing yesterday, and the much-anticipated deployment of economic work for 2016 will also emerge as a result. Although the conference is still ongoing and no communique has been released yet, the meeting held by the Political Bureau of the CPC Central Committee on the 14th has already set the tone for this conference, from which we can analyze some of the trends and development threads of China's economy in 2016.
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Targeted poverty alleviation cannot remain merely in plans; it must be put into practice.
Nowadays, enthusiasm for targeted poverty alleviation is running high across various places, with poor households being precisely identified and poverty alleviation plans formulated by category. However, does one policy per household equal "targeted"? It still depends on whether that "policy" is grounded in reality and can produce real results. Visiting a poverty-stricken county, the poverty alleviation plan had already
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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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Even with consecutive years of grain harvests, we must remain vigilant in times of peace and never relax our guard
Food security is considered the foundation of a country's social stability. China's grain production has achieved twelve consecutive years of increase - does that mean we can sit back and relax? The answer is no. In fact, China's food security issue currently faces more complex factors,
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Australian macadamia annual production hits a new record, prices remain firm
For Australian macadamia (also known as Australian nut) growers, 2015 will be a year of bumper harvest, with national macadamia production reaching the highest record in history. At present, the production of in-shell nuts with a moisture content of 10% is 48,300 tonnes (45,100 tonnes at a moisture content of 3.5%), an increase of
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Multiple Disputes Over the Housing Expropriation and Compensation Regulations Remain Unresolved as Demolition Frenzy Continues
How to define public interest? How to supervise forced relocation? Many disputes over the Housing Expropriation and Compensation Regulations remain unresolved. By our reporter Wang Yijun. 13,437 person-times - this is the figure for the 15 days from January 29 to February 12, during which people logged onto the official website of the Legislative Affairs Office of the State Council's draft regulations and rules public opinion solicitation system
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Where is the grain market heading in 2016? Storage pressure remains considerable
After the bumper harvest: grain storage pressure remains considerable At present, China has achieved twelve consecutive increases in the summer grain harvest and eleven consecutive years of bumper annual grain harvests, but after the bumper harvests, the pressure on grain purchase and storage is considerable. Yan Bo, spokesperson for the State Administration of Grain and director of the Department of Policies and Regulations, introduced that our
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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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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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