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Peanut Rebellion 01 "conscientious people provoked the peanut riot, the origin price avalanche, the Council of Agriculture insured to buy 67 yuan per kilogram, calling on farmers not to sell.

Published: 2024-11-05 Author: mysheen
Last Updated: 2024/11/05, Peanut Rebellion 01 "conscientious people provoked the peanut riot, the origin price avalanche, the Council of Agriculture insured to buy 67 yuan per kilogram, calling on farmers not to sell.

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A rumor unexpectedly let the local peanut price avalanche! An online bid for peanut tariff quota "royalty" in the next year (109) was rendered as "imported peanut price" by interested people, and many disk dealers took this opportunity to depress the purchase price, making the peanut producing area price plummet. In early November, the "origin negotiation price" was about 78 yuan per kilogram, but it fell to 60 yuan per kilogram in mid-November. As for the "national market auction price" today (22) also fell to 43 yuan per kilogram, peanut agricultural university sighed miserable.

Chen Jizhong, chairman of the Council of Agriculture, went to the fire line to fight the "peanut riot" over the past few days, announcing that the government would buy it at a price of 40 yuan per jin (67 yuan per kilogram), and the mating processing plant would start purchasing, storage and processing measures, hoping to stabilize the land price for flower production as soon as possible. At present, those involved in the acquisition include the Huwei Peasants' Association, the Beigang Peasants' Association, the Yuanchang Peasants' Association and the Kuibei Peasants' Association. Farmers in other producing areas can contact Liantong Cooperative Farm, Dongshi miscellaneous grain producers' cooperatives and Zimao producers' cooperatives across districts. Chen Jizhong called on farmers not to panic and not to ask for sale at a low price.

Check the facts: the "31 to 38 yuan" on the online tender list refers to the auction price of "import right fee", which still has to add "import price to Hong Kong" and "tariff". The actual asking price of peanut import cost is 65-81 yuan per kilogram.

Zhang Lishan, head of Yunlin County, presented a "bid decision". Rumors spread everywhere to crack down on the price of peanuts.

The second phase of peanuts in China has entered the harvest period since November, and the area of the second phase this year is initially estimated to be 12020 hectares. some of those who planted early were affected by torrential rain, resulting in an overall yield reduction of 18% (estimated yield of 31534 metric tons). If the yield is low, the price of peanuts will rise. Peanut prices since November this year have increased by 20% to 40% compared with the same period last year.

However, recently, many farmers reported that peanut prices have plummeted this week, falling suddenly from the national average price of 87.1 yuan (per kilogram) on the 18th, pointing the finger at a piece of "import news". It is understood that when Yunlin County Mayor Zhang Lishan was questioned in parliament last week, she released a bid decision, accusing the Council of Agriculture of opening up the import of peanuts in November and attacking the local industry. then this bid decision was misrepresented as an "import list," and Internet rumors were rife. Many disk merchants received the news and had expectations, and they were even unwilling to enter the market, causing peanut gas purchase damage and falling prices. Peanut Agricultural University sighed miserably.

Next year's "bid order" information was mistaken for "import price", resulting in no one to buy domestic peanuts, the price went straight down.

 
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