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The current state of the aquaculture industry is worrying, and these problems cannot be ignored
I am not a pessimist or a conspiracy theorist, but while everyone is enjoying the feast brought by the industry's chaotic times, I have a vague concern that stakeholders may not mind letting the chaos last longer. Although market conditions dictate the mood of practitioners, the aquaculture industry is still thriving
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Sinograin cuts nearly 9,000 entrusted storage depots: can a radical self-reform cure the root problem?
The audit results recently released by the National Audit Office are a heavy blow for China Grain Reserves Corporation (Sinograin). The audit report disclosed that in 2013, Sinograin exposed many management loopholes and caused huge losses. After the release of the National Audit Office report
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July 2, 2015 National Agricultural Products Wholesale Price Index Period-on-Period Change
According to monitoring by the Ministry of Agriculture, on July 2 the National Agricultural Products Wholesale Price Index was 203.34, up 0.42 points from yesterday, of which the "Shopping Basket" Products Wholesale Price Index was 204.54, up 0.51 points from yesterday. As of 14:00 today, at national agricultural products wholesale markets, pork
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Honeysuckle Market Sluggish in the New Season, Driven by Weakening Demand from Downstream End Users
Right now it is the new-harvest season for honeysuckle. In China's main honeysuckle-producing areas such as Shandong, Shaanxi, Henan and Hebei, this should be a season of abundant supply and brisk buying and selling, but our reporter has learned that this year this widely used Chinese medicinal herb seems very desolate.
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Early indica rice prices slide, yet 2014 mid- and late-season rice transaction volume climbs
From June 26 to July 2, the 2013 government-supported early indica rice auction in Hubei Province saw zero transactions, while the auction of 2012-produced early indica rice from local reserves showed a downward price trend, with the June average transaction price having fallen from 2,380 yuan/ton in January to 2,158 yuan/ton, a drop of 9.3%. Purchase prices for 2014-produced early indica rice in various regions also ran below the government support price, with the average purchase price of ordinary early indica rice in Wuhan, Jingzhou, Xianning and Huanggang ranging from 1.25-1.29 yuan/jin, and the average purchase price of high-quality early indica rice at 1.32-1.35 yuan/jin. In contrast to the sluggish early indica rice market, the 2014-produced government-supported mid- and late-season indica rice in Hubei Province saw active transactions. On June 30, Wuhan planned to sell 200,944 tons of 2014 mid- and late-season indica rice, with an actual transaction volume of 122,323 tons, a transaction rate of 60.87%, and an average transaction price of 2,813 yuan/ton.
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Corn prices keep falling step by step, and the pressure to release state reserves is great
Recently, the Ministry of Agriculture held a symposium on agricultural structural adjustment for the four northeastern provinces and regions in Changchun, Jilin Province, specifically requiring the four northeastern provinces and regions to reduce corn planting area. The author believes that since 2008, the bull market feast in which corn output and prices rose together due to state reserve purchases will
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Limited rebound for agricultural futures; good times hard to sustain for most varieties
Affected by the USDA inventory and planting area report, agricultural futures such as soybeans, wheat and corn on the Chicago market surged collectively, and China's commodity market also reversed its decline, with most varieties closing higher. Yesterday, the agricultural products sector of China's futures market performed particularly
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Rural Reform Paints a New Picture of Hope on the Farmland
The latest data from the Ministry of Agriculture shows that China's policy direction for building a new type of agricultural operation system is clear and explicit, with intensifying efforts, and new types of agricultural operation entities are enjoying good development momentum. At present, family farms reported by localities number 870,000, and leading enterprises in agricultural industrialization number more than 120,000. According to statistics from the State Administration for Industry and Commerce, as of the end of May, farmers' professional cooperatives registered in accordance with the law nationwide totaled 1.393 million, with total capital contributions of 3 trillion yuan, up 22.6% and 32% year on year respectively.
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Why the focus of rural finance is farmers
On July 2, the "Internet Finance and SME Investment and Financing Summit Forum," jointly hosted by the China Banking Association, the China Association of Small and Medium Enterprises, Xinhuanet and others, opened in Beijing. The forum held discussions on regulation and self-discipline in the internet finance sector, industry development trends and other topics
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Strengthening agricultural machinery safety supervision to safeguard agricultural production
In recent years, the number of agricultural machines in rural areas has continued to increase, while agricultural machinery accidents have also shown a rising trend. At present, most agricultural machinery drivers have not received professional training and figure out operation on their own, with violations of operating rules being prominent. Because some agricultural machinery operators have poor safety awareness, agricultural vehicles neither go through road procedures nor take part in annual inspections. In particular, many agricultural tractors serve multiple purposes: during busy farming seasons they go into the fields for cultivation, and during slack seasons they become a means of transport for going to market or visiting relatives and friends, creating many safety hazards.
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