China' National Development and Reform Commission announced the minimum procurement prices for wheat produced in 2009. Usually the minimum price is not announced until May, just before the wheat harvest and 6-7 months after it was planted. This time they announced the minimum price in October, early enough to influence planting decisions.
Minimum prices for last 3 years (yuan/50 kg)
2007 White 72; Red 69; Mixed 69
2008 White 77; Red 72; Mixed 72
2009 White 87; Red 83; Mixed 83
[corrected May 25, 2009]
Retired USDA economist Fred Gale peers through the "dim sums" of puzzling data that don't add up to provide insight about China's agricultural markets in bite-size pieces like Chinese "dim sum" snacks.
Subscribe to:
Post Comments (Atom)
China's Rejections of Imported Meat Spiked in 2025
Chinese inspectors upped their rejections of beef, chicken feet, and pork from the United States, Europe and Brazil during 2025. Meat was re...
No comments:
Post a Comment