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Industry opinion holds that wheat supply will remain loose in the short term
Wheat supply to remain loose in the short term. Affected by the macroeconomic environment, wheat demand is suppressed by the flour market, milling enterprises show average enthusiasm for purchasing, and in the short term there is basically no incentive to raise prices for procurement. The overall market downturn has also made purchasing and sales enterprises more cautious in their operations, and policy grain purchases have shrunk considerably compared with last year, mainly because the market's purchasing sentiment is more relaxed than last year; in some areas, wheat quality problems have also affected the pace of purchasing. As purchasing work gradually progresses, policy grain purchases will gradually expand and become the main force in market purchasing. In the short term, wheat will continue to maintain a loose supply situation, and wheat prices will remain near the support price.
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Corn inventories continue to be drawn down, and the choppy market will persist
In terms of quotes from major regions, as of June 19, prices in Dalian, Jinzhou, Changchun, Weifang and Shekou stood at 2,410 yuan/tonne, 2,400 yuan/tonne, 2,380 yuan/tonne, 2,400 yuan/tonne and 2,480 yuan/tonne respectively, with changes from the previous week of 0 yuan/tonne, 0 yuan/tonne, 0 yuan/tonne, +10 yuan/tonne and -
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Harvester market basically saturated, grain processing machinery set to become growth hotspot
The biggest difference between this year's summer harvest and summer planting and the past lies in the high level of mechanization. Wheat is now basically all machine-harvested, and summer planting is also mainly done by machine. Agricultural machinery has gradually become the main player in agricultural production and is gradually becoming the development direction of agriculture in the future. Today's Agricultural Economy
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When will the rice market emerge from the cold winter? Market sluggish amid sweltering heat
After entering June, temperatures kept rising, and domestic rice sales slowed noticeably. What followed was a decline in daily processing volume at factories and an increasing number of shutdowns for maintenance. Moreover, most factories said that for a long time, rice processing profits had already hit bottom or were in
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A retirement system for professional farmers will be gradually established
Recently, a "2014 National Report on the Current Situation of Rural Elderly Care in China" showed that 54.6% of rural elderly are still engaged in occupational labor, and more than 60% of rural elderly do not like to move to the city for elderly care, resulting in a situation of being "forced to stay behind." (According to the People's Daily of June 10) The Constitu
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Sinograin will arrange the construction of 21 billion jin of warehouse capacity this year
On the 26th, the reporter learned from Sinograin (China Grain Reserves Corporation) that this year it will arrange the construction of about 21 billion jin of central grain reserve warehouses, in order to improve the collection and storage capacity of the vertical management system for central grain reserves. According to the introduction, the layout of this round of central grain reserve warehouse construction highlights 3 key regions: Heilongjiang, Jilin
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In July and August, the National Development and Reform Commission will rotate out part of the reserve cotton
A reporter recently learned from the National Development and Reform Commission that, with the approval of the State Council, the relevant departments decided to follow the principles of promoting the sustainable and healthy development of the industry, guiding the stable operation of the market, reducing the fiscal burden, and improving the cotton reserve regulation mechanism, and to adopt an asymmetric rotation
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Special inspection of summer grain procurement launched; behavior of downgrading quality and suppressing prices will be severely punished
The 2015 summer grain procurement work has been fully launched. In order to ensure the smooth progress of summer grain procurement, the State Administration of Grain recently organized a special supervision and inspection of summer grain procurement. A reporter learned from the State Administration of Grain on the 29th that this special inspection focuses on five aspects: First,
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When agriculture meets the internet, what changes will it bring to agricultural development?
Ganchang Xiaozhan joins hands with millions of households, solving the difficulty of selling agricultural products. Renshou, Sichuan, is a typical major agricultural county. It has many golden signboards such as National Quality Fruit Base County, National Major Quality Live Pig Transfer-Out County, and Hometown of Loquat in China. However, the long-standing difficulty of selling and buying is still an obstacle that farmers find hard to overcome in increasing their incomes.
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China's soybean imports in the third quarter are expected to reach a massive volume
Oil World: China's soybean imports in July this year could reach as high as 9.5 million tonnes. According to the Hamburg, Germany-based industry publication Oil World, China's soybean imports in July 2015 could reach 9.2 million to 9.5 million tonnes. By comparison, statistics released by the General Administration of Customs of China early this week
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