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Why the Temporary Corn Procurement Price Can No Longer Be Temporary
Domestic temporary procurement price rises while international market prices fall. The temporary corn procurement policy has reached its eighth year, and the news farmers received is that the temporary procurement price has been lowered from 1.12 yuan per jin to 1 yuan per jin - the first cut in eight years. In Inner Mongolia, the large-scale corn grower Wang Wuhou seemed to have been mentally prepared long ago:
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Is the corn price determined by the market or dominated by policy?
The price for the state's temporary purchase and storage of corn has been finalized this year at 1 yuan per jin, at most 0.12 yuan per jin lower than last year. This is the first cut since the corn temporary storage policy was implemented in 2007. This subtle change sends a signal to the market: high-price floor
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Lowered Temporary Corn Reserve Price: Farmers Should Not Bear the Entire Pain of Reform
Reform is necessary, and adjustment is necessary, but the pain of reform and development cannot be borne entirely by farmers. Grain is, after all, a special commodity; when farmers grow grain, it is itself a responsibility and contribution to national food security, and the cost of market fluctuations cannot
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Corn market fluctuates due to new temporary storage policy
1 yuan/jin may become the price ceiling A Soybeans and corn growth slightly worse than last year This year's corn production has declined slightly compared with last year, mainly because last year's corn production was very high. Zhang Xin, a purchaser in Xigangzi Town, Heihe City, said. According to Li Wei, a farmer in the Suihua area, due to
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Temporary Corn Storage Price Cut: Should Corn Be Planted Next Year?
This year, the temporary corn storage price was cut for the first time, and grain farmers face the worry of a bumper harvest. A reporter went to Dunhua, Jilin to investigate - Should corn still be planted next year? ■ With domestic and international prices inverted and inventories piling up, adjusting the temporary corn purchase and storage policy is imperative ■ Policy adjustments should balance the interests of all parties and let corn prices gradually return to the market
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The temporary corn storage policy in Northeast China must be implemented well, and enterprises should be encouraged to actively enter the market to purchase.
Since the beginning of this year, against the backdrop of ample domestic corn supply, weak industrial demand, and increased imports of substitutes, the domestic corn market has generally operated weakly, and in the second half of the year corn market prices have shown a continuous downward trend. On September 17, the state announced this year's corn
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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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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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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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Domestic wheat prices slowly recover, while sales of state temporary reserve wheat decline
Constrained by a reduction in grain sources on the circulation market and the high price of state temporary reserve wheat, which has led to a decline in effective supply capacity, domestic wheat prices as a whole have shown a recovering trend, but the recovery is slow due to weak demand. As of early November, the average purchase price of third-grade wheat in Jiangsu was 2,304 yuan/tonne,
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