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Supervision of policy-related grain collection and storage further strengthened
According to a Xinhua News Agency report from Beijing dated November 18, a message on the website of the National Food Administration shows that the National Development and Reform Commission, the National Food Administration and other departments recently jointly issued a notice requiring further strengthening of the "four together" mechanism and effective implementation of the collection, storage and supervision of state policy-related grain.
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Fertilizer winter storage market performance may struggle to match previous years' levels
Because grain prices are low, farmers' incomes have been greatly affected, just like the cold winter weather, making it impossible to feel cheerful. Likewise, it is not only grain-growing farmers who are deeply troubled; those in the agricultural inputs business are not faring well either. As the saying goes, when agriculture is doing well, the fertilizer market thrives; when grain prices are high, fertilizer sells well. Growing grain
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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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Food Administration Deploys Autumn Grain Purchase and Storage Work, Actively Implements the Food Security Responsibility System
China Securities Journal Online News, November 9, learned from the Food Administration that on November 6, the National Food Administration and the Ministry of Finance, together with the National Development and Reform Commission, the Ministry of Agriculture, the Agricultural Development Bank, Sinograin and other departments and units, organized a symposium in Changchun, Jilin on autumn grain purchase and storage work in Northeast China.
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Why is adjusting the grain purchase and storage policy imperative?
The current inversion of domestic and international grain prices has led to massive grain imports, while domestic production costs remain high; the room for protecting farmers' enthusiasm for growing grain simply by raising the minimum purchase price is getting smaller and smaller. Rationalizing the relationship between grain prices and the market has become a consensus, but the steps of adjustment should
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Why early indica rice temporary storage auctions are seeing sluggish sales
On October 13, the national temporary storage early indica rice competitive bidding sales transaction fair held its first auction after a three-month gap, but the transaction results were less than ideal. That day, 492,310 tons of 2013 early indica rice were planned for sale, but actual transactions totaled only 516 tons, a transaction rate of 0.10%, with an average transaction price of 2,640 yuan/ton.
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Corn temporary storage price cut for the first time in 7 years, many farmers holding onto their grain and waiting
In 2014, the state launched a pilot program of target price subsidies for soybeans in Northeast China and Inner Mongolia and for cotton in Xinjiang, abolishing the original temporary storage policy and letting the market determine the prices of these two types of agricultural products. Just one year after this policy was piloted, the
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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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Can the reform of the procurement and storage policy solve the grain collection dilemma?
Corn in crisis, wheat in crisis, rice in crisis. Recently, when people in the grain business occasionally got together, a certain trader could not help but adapt a scene from a TV drama to mock his current business predicament. Data shows that in 2014 the national grain output reached 607 million tons, while
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