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Temporary storage corn mold rate standard expected to be relaxed soon
Affected by weather factors, mold has commonly occurred in corn in Northeast China, causing many corn loads to be turned away when sold and delivered to warehouses, and farmers in some areas have difficulty selling grain. According to reporters, this year farmers' corn mold rate is far higher than the procurement and warehousing standard of Sinograin, which has led to turned-away trucks and difficulty selling grain. Relevant state departments may issue documents in the coming days to relax the warehousing standard for moldy corn.
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With the temporary cotton purchase and storage policy abolished, how should cotton farmers and enterprises respond?
Cotton prices fall to their lowest level in recent years. From a spatial layout perspective, China's cotton is divided into the Xinjiang cotton region and the inland cotton region, with the inland cotton region mainly comprising the Huang-Huai River basin and the middle and lower reaches of the Yangtze River. The Dongting Lake Plain, long known as the "land of fish and rice," spans Hunan and Hubei provinces
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Corn temporary storage purchase accelerates, grassroots grain prices rise accordingly
I. Spot market Northeast production area: temporary storage accelerates, grassroots grain prices rise. The temporary storage purchase efforts in the Northeast production area have strengthened again. According to the latest data, purchases in the past 5 days have reached 6.62 million tons, and total purchases have exceeded 45 million tons. With the help of accelerated purchases, grassroots grain prices in the production area have risen.
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Temporary storage corn auctioned early, corn competitive bidding sales start ahead of schedule
On April 9, the competitive sales of state temporary storage imported corn and state temporary storage corn began again. This is the second launch after the conclusion of the temporary storage corn auction in early January this year, more than a month earlier than the launch of last year's state policy corn auction.
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Corn prices unlikely to see deep correction, temporary storage auction runs low-key
The much-watched "trial" auction of temporary-storage corn in the south has ended. Given that the starting prices at this auction did not show the worrying "low prices," the state's intention to auction at a price that covers costs is obvious, and the bearish impact of the auction on the market is limited. Temporary storage auction proceeds "low-key." On April 9, the
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Domestic corn temporary storage auction caught in a strange trap: only 5% sold
Corruption incidents at some grain depots in Northeast China. Recently, CCTV reported that some grain depots in Liaoning and Jilin provinces, during the process of policy-based grain procurement, storage and sales out of warehouses, engaged in practices such as passing off old grain as new grain and maliciously pocketing price-difference subsidies. So how do grain depots operate to achieve
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Temporary storage early indica rice auctions restart, rice market to remain under pressure later
It is understood that on October 13, 2015, China once again launched auctions of early indica rice from temporary storage, at a time when the government price-support purchase of the new-season early indica rice had just ended and new-season mid-to-late indica rice was coming onto the market. China's most recent auctions of temporary-storage early indica rice began on October 21, 2014
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Northeast China corn temporary storage purchase meets lower grain prices, farmers reluctant to sell and taking a wait-and-see approach
On the 1st, the three northeastern provinces launched the 2015 national temporary storage corn purchase policy. Reporters saw at some purchase depots that autumn grain purchase funds were already in place, but few farmers had come to sell corn. Because the corn temporary storage price was lowered, farmers' income from selling grain decreased, and the price signal accelerated the adjustment of planting structure.
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Auction of temporary state-stored paddy rice achieves a transaction rate of only 5.47%
Auction of temporary state-stored paddy rice achieves a transaction rate of 5.47%. With the approval of the relevant state departments, the national temporary state-stored paddy rice competitive sales trading session held on June 16 planned to sell 1,756,736 tons of paddy rice, with an actual transaction volume of 96,166 tons and a transaction rate of 5.47%, of which: 2013 early indica rice planned sales of 494
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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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