-
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.
-
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
-
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
-
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Council, said at the forum that regarding temporary purchase and storage, he personally advocates that it should be withdrawn as soon as possible.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.
-
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.
-
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.
-
Can the Temporary Corn Reserve Policy Become a Market Turning Point?
To date, the atmosphere of new grain coming onto the market in the domestic corn market is gradually intensifying, and its price can be described as falling incessantly. At the same time, although corn at southern ports and related imported grain inventories are now vastly different from two months ago, the current inventory decline is too late, and the autumn grain
-
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
-
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
-
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
条件筛选