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Corn purchases in main producing areas reached 30.16 million tonnes as of November 25
According to statistics, as of November 25, various grain enterprises in the main producing areas had purchased a cumulative total of 64.38 million tonnes of middle- and late-season rice, corn and soybeans, an increase of 9.17 million tonnes over the same period last year. Various grain enterprises in 14 main producing areas including Hubei and Anhui had purchased a cumulative total of 16.22 million tonnes of newly harvested middle- and late-season indica rice, a year-on-year
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In the first half of 2015, a total of 4,960 tonnes of substandard imported food was handled
On July 30, the General Administration of Quality Supervision, Inspection and Quarantine released the "Quality and Safety Status of China's Imported Food in the First Half of 2015 (White Paper)". The white paper pointed out that in the first half of 2015, from imported food originating in 57 countries or regions, China returned or destroyed a total of 12
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May grain and grain flour imports reach 2.86 million tonnes
May grain and grain flour imports 2.86 million tonnes. Data released by the General Administration of Customs on the 8th shows that in May, China exported 13,147 tonnes of rice; from January to May 2015, cumulative rice exports reached 81,296 tonnes, compared with 63,801 tonnes in the same period last year, an increase of 27.4% year on year. In May, China imported 2.86 million tonnes of grain and grain flour; cumulative imports from January to May reached 12.5 million tonnes, compared with 8.49 million tonnes in the same period last year, an increase of 47.3% year on year. China's soybean imports in May were 6.13 million tonnes, up 2.7% year on year and up 15.4% month on month. From January to May, soybean imports were 27.07 million tonnes, down 2.7% from the same period last year, with an average import price of 2,792.8 yuan per tonne, a decline of 22.8%. In May, imports of edible vegetable oil were 470,000 tonnes; cumulative imports from January to May were 2.05 million tonnes, down 33.3% year on year. ⟦4 <p> </p> <p> <strong>May grain and grain flour imports 2.86 million tonnes</strong> Data released by the General Administration of Customs on the 8th shows that in May, China exported 13,147 tonnes of rice; from January to May 2015, cumulative rice exports reached 81,296 tonnes, compared with 63,801 tonnes in the same period last year, an increase of 27.4% year on year. In May, China imported 2.86 million tonnes of grain and grain flour; cumulative imports from January to May reached 12.5 million tonnes, compared with 8.49 million tonnes in the same period last year, an increase of 47.3% year on year. China's soybean imports in May were 6.13 million tonnes, up 2.7% year on year and up 15.4% month on month. From January to May, soybean imports were 27.07 million tonnes, down 2.7% from the same period last year, with an average import price of 2,792.8 yuan per tonne, a decline of 22.8%. In May, imports of edible vegetable oil were 470,000 tonnes; cumulative imports from January to May were 2.05 million tonnes, down 33.3% year on year.</p> <p> <strong>Soybean imports rise, crushing profits may shrink</strong> Analysts said on Monday that China's soybean imports will rise further in the coming months, mainly because South American soybeans ordered earlier are arriving, which may put pressure on crushing profits. Data released by the General Administration of Customs on the 8th shows that soybean imports in May this year reached 6.13 million tonnes, 15.4% higher than in April and 2.7% higher than in the same period last year. Soybean imports in June are estimated to possibly reach as high as 8.5 million tonnes, a level close to the historical record. The reason for the import growth is that South American soybean production hit a record this year, and soybeans previously contracted for import are arriving one after another.</p> <p> Because large volumes of imported soybeans arrived in May, and the market expects soybean imports in June to hit a historic high, this has already pushed domestic soybean meal prices down to a new low in 8 years. Lower hog inventories have also hurt soybean meal demand. Analysts pointed out that soybean meal demand this year is worse than last year, and weak soybean meal prices have already led to losses in crushing in Guangdong and Guangxi. In Guangdong, spot soybean meal prices fell to 2,460 yuan per tonne, and some small traders who had previously signed contracts to buy soybean meal at 2,700 to 3,000 yuan per tonne defaulted.</p> <p> </p>
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China's soybean crushing capacity reached 145 million tonnes by the end of 2014
From November 2014 to January 2015, a survey was conducted of 100 soybean processing enterprises with a daily processing capacity of over 1000 tonnes across more than 20 provinces and cities nationwide. The crushing capacity situation is summarized as follows: The survey shows that as of the end of 2014, China's daily soybean crushing capacity exceeded 10
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This week's auction volume of temporary state reserves of corn will be raised to 5.32 million tonnes
According to a notice released on Monday, this week's competitive bidding session for temporary state reserves of corn is expected to offer 5.32 million tonnes of corn, 39% higher than last week's volume. Due to increased subsidies, recent competitive bidding sessions for temporary state reserves of corn have attracted more buyers to bid. Last week's auction
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Autumn grain purchases total 180 million tonnes as of March 5
According to statistics, as of March 5, various grain enterprises in 14 major mid-to-late indica rice producing areas including Hubei and Anhui had purchased a cumulative total of 28.21 million tonnes of newly harvested mid-to-late indica rice, a decrease of 1.52 million tonnes from the same period last year; various grain enterprises in 7 major japonica rice producing areas including Heilongjiang and Jilin had purchased a cumulative total of 39.44 million tonnes of newly harvested japonica rice, an increase of 6.88 million tonnes from the same period last year; various grain enterprises in 5 major soybean producing areas including Inner Mongolia and Heilongjiang had purchased a cumulative total of 1.83 million tonnes of newly harvested soybeans, a decrease of 2.97 million tonnes from the same period last year.
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Last year, customs officers nationwide seized more than 210,000 tonnes of smuggled rice
Yunnan: Building bridges and using boats to brazenly smuggle rice into the country. Recently, the General Administration of Customs publicly announced the results of the 2014 nationwide customs "Green Wind" special operation to combat agricultural product smuggling. In 2014, customs authorities nationwide filed and handled a total of 13,316 agricultural product smuggling cases, with a case value of 44.898 billion yuan.
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21,000 tonnes of smuggled rice verified by customs last year; some grain farmers buy low and sell high
Yunnan: Building bridges and using boats to brazenly smuggle rice into the country CCTV Finance (Reporter Yi Zeke) Yesterday, the General Administration of Customs publicly announced the results of the 2014 national customs "Green Wind" special campaign against agricultural product smuggling. In 2014, customs authorities nationwide filed and investigated agricultural product smuggling
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State grain reserves auction opens in January, four major varieties totalling 15 million tonnes
The reporter recently learned from the State Administration of Grain that relevant departments will hold a special national policy grain competitive bidding session in Anhui from January 6 to 8, 2015, auctioning four major varieties of state reserve grain: wheat, japonica rice, indica rice and corn. It is understood that the varieties and quantities in this auction are divided into
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Grain procurement and storage caught in a dilemma, Sinograin frees up 30 million tonnes of warehouse capacity in emergency
Although state granaries are overflowing, China's corn, rice and wheat are expected to see another bumper harvest in 2014, while market demand for grain is unlikely to pick up. A new round of state grain procurement and storage is imperative, and this will push China's grain inventories to a new record. China
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