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In 2016, the temporary corn storage policy was cancelled, and corn prices will drop sharply
Important news: In 2016, the temporary corn storage policy was cancelled, and corn prices will fall sharply!
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Corn rally curbed, temporary storage auction timing still undecided
Unresolved timing of temporary storage auctions curbs corn rally
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Corn price reform cannot stop at abolishing the temporary storage policy
Corn price reform cannot stop at abolishing temporary storage
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Why must the temporary corn purchase and storage policy be reformed?
In September 2015, the National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, the Agricultural Development Bank of China and other departments jointly issued the "Notice on Issues Concerning the State Temporary Storage and Purchase of Corn in Northeast China in 2015". In 2015, the state will continue to implement the temporary corn
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Corn Affected by Drought in Twelve Provinces and Regions; Market Outlook Depends on Weather and Temporary Storage Auctions
Since July, Liaoning has been hit by its worst drought in more than 60 years, with some farmland facing total crop failure. Twelve provinces and regions hit by drought, Liaoning and Jilin worst. Corn: outlook first depends on weather, second on temporary storage auctions. ■ Cheng Tong. Affected by the El Nino phenomenon, since July, many places in China have experienced moderate to
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Divergence between domestic and international corn prices forces adjustment of the temporary corn storage policy
Today, the domestic corn market has clearly shown a "three highs" pattern, that is, the highest output, the highest inventory, and the highest price market, and the domestic corn price has diverged severely from the international market corn price. Liu Hanyuan, Chairman of the Board of Tongwei Group
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Corn May Become the Next Pilot Commodity, Temporary Storage Policy in the Works for Full Abolition
Corn May Become the Next Target Price Subsidy Pilot Commodity; Decade-Long Temporary Storage Policy Faces an End. China Times reporter Chen Yanpeng reports from Beijing. The National Development and Reform Commission, the Ministry of Agriculture and other departments are in the works to fully abolish the temporary storage policy, intending to replace it with a more market-oriented target price subsidy system.
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Why can't the target price system for agricultural products replace the temporary storage system?
This year's No. 1 document of the CPC Central Committee proposed gradually establishing a target price system for agricultural products, which is of great significance. Establishing a target price system for agricultural products requires reforming the minimum purchase price system for grain and the temporary storage system for important agricultural products, but this does not mean that the minimum purchase price system for grain and the temporary storage system for important agricultural products should be completely abolished in the future.
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2014 Northeast China corn temporary purchase and storage price announced
The National Development and Reform Commission, the State Administration of Grain, the Ministry of Finance, and the Agricultural Development Bank of China jointly issued the "Notice on Issues Concerning the National Temporary Storage and Purchase of Corn in Northeast China in 2014." The notice states that in 2014 the state will continue to implement the temporary corn purchase and storage policy in the three northeastern provinces and Inner Mongolia.
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