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State grain reserves auction opens in January, four major varieties totalling 15 million tonnes
The reporter recently learned from the State Administration of Grain that relevant departments will hold a special national policy grain competitive bidding session in Anhui from January 6 to 8, 2015, auctioning four major varieties of state reserve grain: wheat, japonica rice, indica rice and corn. It is understood that the varieties and quantities in this auction are divided into
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Proposal for the state to use foreign exchange reserves to support agriculture "going global"
On March 4, Chen Zhangliang, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and vice chairman and member of the Secretariat of the China Association for Science and Technology, was a guest on People's Daily Online and gave an online interview on the topic of "Chinese agriculture going global." Chen Zhangliang said the state should take out a portion of its foreign exchange reserves to support Chinese agriculture "
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This week's auction volume of temporary state reserves of corn will be raised to 5.32 million tonnes
According to a notice released on Monday, this week's competitive bidding session for temporary state reserves of corn is expected to offer 5.32 million tonnes of corn, 39% higher than last week's volume. Due to increased subsidies, recent competitive bidding sessions for temporary state reserves of corn have attracted more buyers to bid. Last week's auction
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Corn prices keep falling step by step, and the pressure to release state reserves is great
Recently, the Ministry of Agriculture held a symposium on agricultural structural adjustment for the four northeastern provinces and regions in Changchun, Jilin Province, specifically requiring the four northeastern provinces and regions to reduce corn planting area. The author believes that since 2008, the bull market feast in which corn output and prices rose together due to state reserve purchases will
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