As of November 25, 30.16 million tons of corn were purchased in the main producing areas.
According to statistics, as of November 25, various grain enterprises in the main producing areas had purchased a total of 64.38 million tons of middle and late rice, corn and soybeans, an increase of 9.17 million tons over the same period last year. Grain enterprises in 14 major producing areas, including Hubei and Anhui, have purchased a total of 16.22 million tons of new medium and late indica rice, a decrease of 500000 tons over the same period last year. Grain enterprises of various types in Heilongjiang and other seven major producing areas have purchased a total of 17.69 million tons of newly produced japonica rice, a decrease of 530000 tons over the same period last year. Grain enterprises in 11 major producing areas, including Heilongjiang and Shandong, have purchased a total of 30.16 million tons of new corn, an increase of 10.47 million tons over the same period last year. Grain enterprises of various types in Heilongjiang and other five major producing areas have purchased a total of 310000 tons of newly produced soybeans, a decrease of 270000 tons over the same period last year.
- Prev
It is difficult for corn prices to rise sharply in line with the policy-led spot prices.
Throughout the domestic corn market in recent years, the policy dominates the market price, and the domestic corn price fluctuates closely with the changes in the purchase price and purchase volume of the State Reserve. Since the start of the State Reserve acquisition policy in 2008, the domestic corn market price has been affected by the State Reserve.
- Next
Special agricultural industries will be given key support.
A few days ago, the Ministry of Finance issued the guidance on Comprehensive Agricultural Development, supporting Agricultural characteristic Industries and promoting the Development of Agricultural industrialization, clearly proposing that starting from 2016, the comprehensive agricultural development and industrialization management project will focus on supporting regional agricultural characteristic industries. In this
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