MySheen

NDRC officials: adhere to the market pricing principle to resolve 400 billion catties of corn

Published: 2024-09-19 Author: mysheen
Last Updated: 2024/09/19, Statistics show that the current corn stocks of various enterprises in the country exceed 400 billion jin, which greatly exceeds the reasonable level, and the characteristics of large supply and demand in stages are obvious. In some major producing areas, there has been an embarrassing situation in which we cannot collect, store or sell them, and some of them cannot be financed.

Statistics show that the current corn inventory of all kinds of enterprises across the country has exceeded 400 billion jin, which has greatly exceeded the reasonable level, and the characteristics of phased supply and demand are obvious. Some of the main producing areas have the embarrassing situation of being unable to collect, store and sell, and there are even more "post-harvest troubles" that cannot be made up by finance. In the face of the dilemma, the pace of transformation from state subsidy reform to "separation of price and compensation" is accelerating, and the positive role of the deep processing industry in grain transformation will be further magnified.

Hu Hengyang, an inspector of the Agricultural economy Department of the National Development and Reform Commission, expounded the basic thinking of the current grain price reform at the eighth International Maize Industry Conference yesterday. on the basis of attracting and drawing lessons from the experience of previous agricultural product price formation mechanism and market regulation mechanism, on the premise of protecting farmers' interests, we should give better play to the role of market mechanism and make overall use of domestic and international markets. We will carry out a pilot project of a "target price" policy that separates the price form of agricultural products from government subsidies. The price is lower than the subsidy for farmers, while the price is higher for subsidized consumers. We should adjust international trade and foreign investment policies accordingly, improve the regulation mechanism of reserve huff and puff, persist in distinguishing varieties and classifying regulation and control, clarify responsibilities and take responsibility at different levels, insist on pilot projects first, and try first and then push back. Gradually establish and improve the price and market regulation mechanism of agricultural products in line with China's national conditions and the requirements of development at the present stage.

Hu Hengyang stressed: in order to expand the country's food security and expand its international vision, the focus of future policies is to do a good job in both internal and external resources. We should actively adjust the import and export strategy of agricultural products, rationally determine the import scale of major agricultural products, actively implement the strategy of import diversification, be more pragmatic and flexible in opening up the market and access, strengthen the combination of imports and reserves, strengthen the import inspection of bulk agricultural products, and improve the import reporting system.

At the same time, China should send domestic demand signals to the international market through various ways, strengthen foreign market and price-driven research and forecasting, improve the foresight and stability of imports, improve the import management of agricultural products, and encourage trade management systems. to better grasp the supervision of grain exports, it is necessary to sign simple agreements with agricultural products exporting countries.

Wang Xiaohui, deputy director of the State Grain and Oil Information Center, said at the meeting that we must unswervingly adhere to the principle of market pricing. Let the market play a decisive role in the process of resource allocation. But it must also be gradual, constantly promoting the share of marketization. It is necessary to take into account the interests of all parties. It is necessary to implement differential policies to reduce the over-dependence of farmers' income on grain market prices. The dilemma faced by the current corn market is the result of the comprehensive action of the economic situation and the grain situation, and the squeezing effect of the slowdown of economic growth and the rapid growth of output. The increase in inventory is a result of the growth of upstream production and the slow consumption of downstream.

Wang Xiaohui believes that in the next five years, grain will be in a new plateau, supply exceeding demand will be long-term, and corn prices will also face long-term downward pressure. China gives full play to the positive role of the deep processing industry in grain transformation and guides and expands consumption in various ways.

 
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