china’s agricultural commodity prices are expected to remain stable

china’s agricultural commodity prices are expected to remain stable

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时间:2018-07-10

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1、China’sAgriculturalCommodityPricesAreExpectedtoRemainStableInfluencedbytheworstUSdroughtin50years,cornandsoybeanpricessurgedtorecordhighsonJuly19.Wheatpricesarenotyetatrecordlevelsbuthaveralliedmorethan50percentinfiveweeks,reportedbyFinancialTimesonJuly19.ThedroughtintheUS,whichsuppli

2、esnearlyhalftheworld’sexportsofcornandmuchofitssoybeansandwheat,willreverberatewellbeyonditsborders,affectingconsumersfromEgypttoChina,saidbyFinancialTimes.AccordingtothestatisticsreleasedbytheMinistryofAgricultureofthePeople’sRepublicofChina,thepricesofwheatandcornhaveincreasedinthe2

3、8thweek(FromJuly9to15)by20%and8%respectively,andthepriceofbeansisup19%overthesameperiodlastyear.However,thesharpriseofinternationalagriculturalcommoditypriceswouldhavelittleeffectonChina’sdomesticmarketbecauseofthe38sufficientgrainreserves.AccordingtothestatisticsfromtheNationalBureau

4、ofStatistics(NBS),theoutputofsummergraincropsincreased3.56milliontonsby2.8%yearonyear,toatotalof129.95milliontons,andspecifically,theoutputofwinterwheatincreased3.34milliontonsby3%,toatotalof114.30milliontons.Moreover,theharvestsofcornandstrictreorganizationincorndeepprocessingindustr

5、yhaveguaranteedsteadyimportsofcornfromabroad.AccordingtoMaWenfeng,ananalystfromBeijingOrientAgribusinessConsultantLtd.(CnAgri),thehighyieldofwheatinChinareducedthedegreeofdependencyoncornimports,whichprovidedgreatpossibilityforstablepricesofagriculturalcommodityindomesticmarket.Commen

6、tBracingforthenewfoodcrisisglobally,peopleshouldcountonsuitableweather,aswellasastronggovernment,andexpecttechnology-orientedreformsoftheagricultureinthenearfuture.38175billionyuantosolveruraldrinkingwatersafetyproblemsPeople’sDailyOnlinereportedonJune29thattheinvestmentfromthecentral

7、governmentwillbedoubledinthe“12thfive-year”periodtosolvethesafetyproblemsofdrinkingwaterinruralarea,saidbyDuYing,DeputyDirectorofNationalDevelopmentandReformCommission,inthemeetingaboutthereportbytheStateCouncilontheworkofguaranteeingdrinkingwatersafetyonJune29.LiGuoying,DeputyDirecto

8、rofth

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