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Grain Bank Solves Farmers' Grain Storage Problem
Zhengzhou Lianwanjia Agricultural and Sideline Products Professional Cooperative is located in Langchenggang Town, Zhongmu County, Henan Province. After the cooperative was established in 2012, it contracted 2,600 mu of land in one go, planting wheat and corn on the south bank of the Yellow River, and subsequently contracted contiguous land in two more rounds. By 2014, the grain planting scale
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Summer Grain Harvest Bumper, Imports Surge, Calls to Scrap Temporary Storage Grow Louder
While China's domestic summer grain harvest marks the 12th consecutive year of bumper harvests, on the other hand grain imports have grown substantially. According to data released by the General Administration of Customs: from January to June this year, a total of 16.293 million tons of grain was imported, up 66.5% year-on-year, of which net imports were 16.050 million tons, up
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Corn temporary storage policy may usher in new changes
At the 2015 China Rural Development High-Level Forum recently held in Beijing, Cheng Guoqiang, Secretary-General of the Academic Committee of the Development Research Center of the State Council, said at the forum that regarding temporary purchase and storage, he personally advocates that it should be withdrawn as soon as possible. In fact, since the pilot reform of target price subsidies was implemented for cotton and soybeans last year, there have been predictions that corn would become the next variety to undergo the pilot reform of target price subsidies.
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2015 Corn Temporary Storage Policy May Be Announced Early
In this year's corn market, wave after wave of bearish rumors about the temporary storage policy have battered the fragile psychological defenses of industry personnel. For a time, a thick bearish atmosphere pervaded the market, industry confidence was suppressed, and those working in the sector were gripped by anxiety. A sharp cut in the temporary storage purchase price would affect growers the most.
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With the corn market in the doldrums in 2015, how should the temporary storage policy be reformed?
This year the domestic corn market has taken a real beating. As the old saying goes: nobody loves it, nobody wants it! The corn price, which should have been supported by temporary storage purchases, instead began a volatile downward trend in April, and last year's soaring rally can be said to be gone for good. From July, the price decline widened and accelerated.
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In 2015, the temporary corn purchase and storage policy continues to be implemented in Northeast China and Inner Mongolia
Xinhua News Agency, Beijing, September 18 (Reporter Liu Yangyang) The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China recently jointly issued a notice stating that in 2015 the state will continue to implement temporary corn purchase and storage in the three northeastern provinces and the Inner Mongolia Autonomous Region
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Market conditions force first cut in corn temporary storage price in 7 years
The temporary corn purchase and storage policy, once rumored to be ending this year, has taken the stage again. Last Friday evening, the long-awaited 2015 temporary corn storage policy was finally announced. Liu Dong, a corn analyst at Zhuochuang Information, told the Daily Economic News that this year's temporary storage policy
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Corn stocks exceed 200 million tons, and the corn purchase and storage mechanism will undergo major changes
Reporters from Economic Information Daily recently interviewed several experts and learned that China's state corn reserves have accounted for more than half of the global total, with huge stockpiles waiting to be consumed. In order to cope with the nearly astronomical carryover corn stocks, China will reform and improve
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This year's corn procurement and storage price is cut by 220 to 260 yuan per tonne
More purchasing entities, and a longer period than in previous years Last weekend, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance and other departments jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2015" (hereinafter referred to as the Notice). The Notice states that, with the approval of the State Council, this year the state will continue to implement the temporary corn storage and purchase policy in the three northeastern provinces and the Inner Mongolia Autonomous Region.
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Corn temporary storage purchase price set at 1 yuan per jin in 2015
BEIJING (Reporter Yang Zhaokui) The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China recently jointly issued a notice that in 2015 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and the Inner Mongolia Autonomous Region. This year the state's temporary storage
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