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Ministry Of Agriculture: The Price Of Cotton And Other Agricultural Products Will "Run High" Later.

2010/11/23 8:39:00 33

High Price Of Cotton Agricultural Products In Ministry Of Agriculture

Under the heavy control of the State Council, the agricultural products market has cooled slightly in recent days.

However, the difficulty of agricultural product market regulation is further increased due to the superposition of multiple factors. The Ministry of agriculture predicts that the prices of major agricultural products will continue to run high in the future, and some varieties may even go up.


Price is difficult to present the overall inflection point


For this year

Price of agricultural products

The phenomenon of overall rise, recently

Ministry of Agriculture

Detailed analysis and prediction were made in its 2010 report on China's rural policy implementation.


Over the past few years, the rapid rise in the prices of agricultural products has attracted the attention of the central government. Last week, the State Council made 16 moves to stabilize prices, but the overall "stabilization" of prices did not mean "downhill".

In the above-mentioned report of the Ministry of agriculture, the term "high operation", "steadily rising" or "continuing to rise" has almost covered the future trend of all major agricultural products.


Among them, wheat varieties, live pigs and soybeans are expected to continue to rise.

The Ministry of Agriculture said, "it is expected that wheat prices will remain strong in the short term, and there may be a new wave of rising prices before and after the Spring Festival of 2011". "It is expected that the price of live pigs will continue to rise, but there is little possibility of a sharp rise"; "international soybean prices are expected to be at a high level and may even continue to rise, driven by the international market, coupled with the impact of domestic inflation expectations, domestic soybean prices will continue to rise steadily".


In addition, it is expected that later "

High operation

There are corn,

cotton

Sugar, fresh milk and so on.

"Due to the demand growth, cost push and other factors, the domestic corn prices are expected to be stable and high" in general. "In the late stage, with the new cotton listing, the international cotton prices will fall, and domestic demand will be strong and prices will be high and volatile". "2010/ 2011 national reserve is relatively weak in the last quarter, and the domestic sugar price will remain high in the future"; "at the end of the year, with the weather becoming cool, dairy consumption will enter the peak season, and the retail price of fresh milk will continue to run high".


Control difficulty or further increase


Intensive measures such as dumping and storage and "sixteen countries" have been reacted in some agricultural products markets.


"Daily economic news" was informed that in November 22nd, the second batch of domestic white sugar competition was sold in the 2010/2011 season, and 202950 tons of state sugar were sold. The average price was 6288 yuan / ton, compared with the first round of auction a month ago, it dropped by about 400 yuan / ton.


In addition, most of the domestic futures markets fell yesterday, and agricultural products collectively opened lower. Zheng cotton suddenly crashed after early trading, and the market suddenly plummeted. In May, the contract fell 4.84% to 25870 points throughout the day.


"This national regulation has the greatest impact on sugar, followed by cotton, which is the two largest bubble in this price increase."

Sun Tong, general manager of Breck global (Beijing) Agricultural Consulting Co. Ltd., believes that the more varieties of bubbles will inevitably fall down in regulation, while the decline of other agricultural products in the futures market is a temporary reaction to macroeconomic policies. In the long run, the fundamentals do not support the decline in prices of other agricultural products such as oils and fats.


Li Guoxiang, deputy director of the Institute of rural development of the Academy of Social Sciences, also believes that the possibility of turning point of agricultural products in the year is very small. In the coming period, the price of agricultural products will mainly be "high operation", but the space for the increase will gradually shrink. If the farmers who are reluctant to sell the goods sell large quantities of goods in a period of time next year, there will be an inflection point in grain prices.


The Ministry of Agriculture said frankly: "climate change, inflation expectations are rising, cost rising, and international price pmission and idle capital speculation are overlapping, making the regulation of agricultural products market more difficult."

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Simultaneous broadcasting


More densely issued "vegetable stickers" will not introduce price increase projects


After many ministries and commissions jointly suppressed price rises, local governments also entered the "tough battle".

Yesterday (November 22nd), Beijing Civil Affairs Bureau announced that in the fourth quarter of this year, a one-time temporary living allowance for urban and rural minimum living allowances was issued, with a specific standard of 100 yuan per person.


Earlier, the Beijing Civil Affairs Bureau had stated that it would be necessary to grant a temporary living allowance to the minimum living standard and difficult people if the price of daily necessities for March was 15% higher than that of the same period last year.


The Tianjin development and Reform Commission, which is adjacent to Beijing, announced that it had issued a price subsidy to more than 18 million displaced people for about 60000000 yuan, enjoying 1 million 650 thousand times of the price subsidy.


Similarly, Wuhan has announced that from December to February next year, price subsidies will be issued to urban minimum living allowances on a monthly basis, with a standard of 30 yuan per person per month.


The Changchun municipal government announced that subsidies should be given to two wholesalers of Chinese cabbage and potatoes, with a subsidy standard of 50 yuan per ton.


Reporters also learned that the three quarter price subsidies for low-income groups in Hangzhou have been put in place, and about 21 thousand difficult people have received "vegetable stickers".


As of 22 days, various measures such as price subsidies, price intervention and other measures have been introduced successively to ensure price stability and ensure market supply.

The price departments of Hubei, Shandong, Liaoning and other provinces started the price monitoring and early warning mechanism. They paid close attention to the prices of agricultural and sideline products such as grain, oil, meat, vegetables, milk and so on, and intensified the inspection of the market to ensure that the prices of agricultural and sideline products were stable.

And Shaanxi has decided not to introduce new government management fees this year.

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