2016 new corn purchase has been successfully concluded

[ China Agricultural Machinery Industry News ] Zhang Xianbin: In 2016, the grain corn planting area decreased by 30 million mu, and the soybean planting area increased by more than 10 million mu. On the other hand, domestic corn prices are gradually connecting with the international market, imports of corn and its substitutes are decreasing, and the domestic corn market is increasing.

2016 new corn purchase has been successfully concluded

According to the Voice of China News and Newspaper Summary, last year was the year of reform and implementation of China's corn storage and storage system. The National Development and Reform Commission, the Ministry of Finance, and the Ministry of Agriculture jointly announced yesterday that the 2016 new corn purchase has been successfully completed and the reform results have been highlighted.

According to the National Grain Administration, as of April 30, 2017, a total of 203.8 billion kilograms of new corn was produced in the Northeast, and the acquisition was successfully completed. Zhou Guanhua, director of the Regulation Department of the State Grain Administration, introduced that during the acquisition period, the grain department actively guided various market entities to enter the market to purchase and actively coordinate the implementation of the acquisition funds to ensure that “someone collects food” and “has money to collect food”.

Zhou Guanhua: The three provinces and one district in Northeast China timely introduced the implementation measures for the corn purchase loan credit guarantee fund, actively raised funds for implementation, and promoted the rapid establishment and operation of the fund. The local grain sector has strengthened coordination with various financial institutions such as the Agricultural Development Bank, and encouraged social capital to participate in the establishment of diversified financing channels.

The annual reform of the corn storage and storage system has achieved remarkable results. The northeast corn has changed from “squatting in the warehouse” to “following the industrial flow”. Zhang Xianbin, director of the Division of Commodity Balance of the Economic and Trade Department of the National Development and Reform Commission, said that since the reform, the adjustment of agricultural planting structure has been optimized and agricultural competitiveness has increased.