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Grain price formation mechanism urgently needs improvement, eliminating the policy-driven market is key
Improving the grain price formation mechanism urgently requires eliminating the "policy-driven market"
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Policy-driven grain procurement, storage and sales in the spotlight
Reporters learned on the 28th from the National Grain Administration that the National Development and Reform Commission, the National Grain Administration, the Ministry of Finance, the Agricultural Development Bank of China and other departments recently launched the 2015 joint departmental spot inspection of the nationwide grain inventory check. The various spot inspection working groups set out for the relevant provinces on the 26th.
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Domestic wheat market set to return to a policy-driven market, industry views interpreted
Currently, less than one month remains until the end of the wheat minimum purchase price policy in the main producing areas. With the market purchase price of new wheat below the minimum purchase price, the volume of wheat purchased under the minimum purchase price policy will still increase steadily, and the quantity of low-priced grain available for circulation will further decrease. Later, as
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Policy-driven purchase of autumn grain is in full swing
According to the notice issued by the National Development and Reform Commission and 3 other ministries and commissions, Sinograin, as the entity entrusted by the state to implement the temporary corn purchase and storage policy, together with relevant parties, will launch the temporary purchase and storage of 2015 corn in Northeast China (including Heilongjiang, Jilin and Liaoning provinces and the Inner Mongolia Autonomous
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