Soybean Producer Subsidy Set: No Less Than 200 yuan per mu in 2018
I once gave a detailed introduction to soybean and corn subsidies, and the article was (reprinted and plagiarized) by various websites and self-media. At that time, no specific soybean-related subsidy policy had been issued, so I could only make speculations based on some circumstances at the time. Now, as spring plowing begins, some information about soybean subsidies has gradually become clear. Below, based on some current official information, I will introduce this year's soybean subsidy information for everyone. This will let everyone be better mentally prepared as they prepare for spring plowing and the summer growing season.
According to the special meeting chaired by the State Council on April 27 on the newly added soybean rotation area in the four provinces of Heilongjiang, Henan, Anhui and Inner Mongolia, soybean rotation in 2018 will be implemented in the above four provinces, with an area of up to 5 million mu. At the same time, an introduction was given on matters related to soybean and corn subsidies: the soybean subsidy will be raised to at least 200 yuan per mu, and the corn subsidy in the four eastern provinces will be adjusted down to 100 yuan per mu. This can be regarded as setting the tone for this year's soybean and corn producer subsidies.
Due to this year's China-US trade friction, there is a relatively high possibility of a domestic soybean market supply shortage this year and next, and there are even reports that imports of US soybeans will be refused, so our country can only expand domestic soybean planting. Because soybean prices fell severely in 2017, farmers' enthusiasm for planting soybeans declined seriously. In the March survey of planting intentions for spring and summer crops, soybean planting intentions declined again, while corn planting intentions rose again.
Under the current domestic and international soybean situation, with a lack of US soybean supply, relying on other countries is clearly unreliable. It is reported that Brazil has already begun to raise prices on the spot. This situation naturally draws our attention. Developing our country's own soybean planting industry is already urgent, and therefore the above policy has emerged.
As the pressure to destock domestic corn increases, reducing corn has naturally become the primary goal. According to the information from this meeting, the purpose of the soybean rotation subsidy is to increase soybean planting area. The subsidy rules stipulate that even if the previous crop was not corn, one can still enjoy the subsidy. The soybean rotation subsidy standard is 150 yuan per mu. At the same time, according to news from the Heilongjiang Agricultural Committee on May 2, Heilongjiang province as a whole must increase soybean planting area by 5 million mu this year.
It can be said that this year's agricultural policy is clearly tilting toward soybeans, and the soybean subsidy has not disappointed. Therefore, at this moment when we are advancing the adjustment of the planting structure, mobilizing farmers' enthusiasm for soybean planting nationwide, and expanding soybean planting area, are you tempted? Seeing such a subsidy policy this year, would you choose to plant soybeans?
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