The corn subsidy price has finally been announced! 170 yuan per mu

The corn policy has only come out after endless calls for it, and it was not even publicly announced - it was learned indirectly through Han Fuchun, director of the Jilin Provincial Grain Bureau, that the subsidy for corn is about 170 yuan per mu.

Han Fuchun: The subsidy is about 170 yuan per mu, 2 mao per jin.

Let us first look at what Han Fuchun said.

Han Fuchun: Right now it is price-subsidy separation. The state will give farmers a moderate subsidy. Based on feedback from all sides and what we have learned, it is roughly 2 mao per jin, which works out to about 170 yuan per mu.

Uncle Rui cannot help but deeply doubt whether Director Han is bad at math or simply does not understand the average corn yield. From his words, 170 yuan = a subsidy of 2 mao, which means an average of 850 jin of corn per mu, which comes to 12,750 jin per shang, less than 6.5 tons of corn (as far as I know, due to the impact of disasters, last year's average corn yield in Jilin Province was a bit over 10 tons, and in normal years it is slightly higher). With that yield, never mind giving you a subsidy of 2 mao - even if you were given 3 mao, you would still lose everything.

All right, let us not get tangled up in the math problem. Looking at the subsidy alone, it is equivalent to a subsidy of about 1 mao per jin. As for how the subsidy should be paid, I think the state will try its best to get it into the hands of the actual growers. I said try its best, because the state wants to subsidize the actual growers, but there will be some discrepancies in grassroots implementation - you know what I mean.

Moreover, the subsidy will basically be paid according to area. The original assumption of subsidizing by quantity will be very difficult to realize, so now you have a rough idea and know how much the subsidy is.

The state may carry out “backstop” purchases.

Han Fuchun: Because the state has repeatedly said it will guarantee the bottom line and provide a backstop, which means letting farmers sell the grain they grow and buy the grain they eat. From this perspective, in order to ensure that farmers no longer have difficulty selling grain, a backstop purchase policy will definitely be introduced.

Uncle Rui believes that this “backstop” means that after market entities have finished purchasing, the state will carry out backstop purchases of the remaining corn to ensure that there is no situation where farmers cannot sell their corn.

However, this price will not be too high. It is very likely to be a market-price “backstop”, that is, around 1500 yuan/ton.

Now that the subsidy is basically clear and you also know the market price, you can roughly calculate how much you can earn from growing corn, and you can also decide what to plant this year.