MySheen

There is a strange phenomenon of "simultaneous increase in output, import and inventory" of grain in China.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, On the one hand, China's grain output has achieved 11 consecutive increases, on the other hand, China's grain imports have been rising; in addition, grain stocks have reached the high point in recent years. China's grain production, imports and stocks are showing a strange phenomenon of simultaneous increase in production, import and inventory. Held here

On the one hand, China's grain output has achieved "eleven consecutive increases", on the other hand, the number of grain imports has been rising; in addition, the grain inventory has also reached the high point in recent years-China's grain production, import and inventory are showing a strange phenomenon of "three simultaneous increases".

At the "2015 China Rural Development High-level Forum" held here, Chen Xiwen, deputy head of the Central Rural work leading Group, said that China has made remarkable achievements in agricultural development in recent years, but the phenomenon of "simultaneous increase in three quantities" is becoming more and more serious. if allowed to develop, it will have a negative impact on the healthy development of China's agricultural industry, farmers' employment and farmers' income growth.

In recent years, China's annual grain output has been steadily maintained at more than 1.2 trillion jin, but the import volume has increased rapidly. last year, the country's grain imports exceeded 100 million tons for the first time, at the same time, grain stocks are growing, and the backlog of corn and other grain varieties is serious. inventory pressure is prominent.

"the widening grain price gap at home and abroad is an important reason for the 'simultaneous increase in three quantities'." According to Chen Xiwen, since 2012, domestic grain prices have gradually begun to be higher than those in the international market. By the first half of this year, the prices of staple grains such as rice, wheat and corn have all exceeded 50% of the international market. Among them, in June, the customs value of late indica rice in China was 51% higher than that of Thai rice, and wheat and corn were also 56% and 65% higher than the international market price respectively.

Chen Xiwen believes that the rise in domestic production costs and minimum purchase prices, the decline in international grain prices, the appreciation of the RMB exchange rate, and the decline in freight prices caused by the collapse in global energy prices are the four main drivers of the widening price gap at home and abroad.

Data show that since 2011, the minimum purchase price of early indica rice in China has risen by more than 32%, while the current price of rice in the international market has fallen by 40.4% compared with 2011. At the same time, due to the collapse in oil prices, global grain freight prices have fallen by an average of more than 50% in the past four years.

The 2015 China Rural Development High-level Forum is hosted by the Rural Economic Research Center of the Ministry of Agriculture. The theme of this forum is "China's Rural Development and Reform facing the 13th five-year Plan". So far, it has been successfully held for six times, which has produced great social repercussions.

 
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