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This time in previous years, Pro-Bush corn acquisition policy has already been introduced, but this year, so far, there has been no movement.
Recently there is news that the NDRC, the Ministry of Agriculture and other departments are preparing to completely cancel the temporary storage policy and intend to replace them with a more market-oriented target price subsidy system. The general direction of ending the temporary storage of corn, rapeseed and sugar has been set. Corn or other varieties that will be the next target price experiment after soybean and cotton will be implemented as soon as next year.
Although this year's No. 1 paper put forward a pilot project to subsidize target price of soybean and cotton, it also made it clear that it will continue to implement the policy of temporary storage and purchase of corn, rapeseed and sugar. Pilot target areas for cotton price reform will be expanded, and it is only a matter of time before expanding pilot varieties. In the future, rapeseed, corn and sugar will be included in the trial. The next pilot to implement the target price will be corn, the earliest implementation of next year.
The 13th Five-Year Plan for Agriculture currently under study has put the cancellation of temporary reserves on the agenda and the temporary storage policy started in 2005 has come to an end.
In the view of people in the decision-making department, the implementation of the target price system is a major mechanism innovation to perfect the pricing mechanism of agricultural products and market regulation in our country.
The temporary storage of corn policy has been running for 6 years. Li Xigui, director of Market Monitoring Department of National Grain and Oil Information Center, evaluated the effect of temporary storage with the "positive effect of gradual decrease".
Lee Ki-kuei said that the effect of Pro-Temporal Operation in previous years was still very good, but the negative voices began to increase since 2011. The problem of market warrant in the market of Tuotou City has become more and more obvious. It highlights the drastic increase of policy-oriented purchase of grain and oil inventories, the surge of imports and the increase of financial burden. Today's corn market has gradually entered a "policy market" rhythm, especially this year temporary reserves reached 69.19 million tons, the actual more than 70 million tons, which created the history of the highest yield, the highest inventory, but also achievements The highest price in history.
The grain market is expected to be seriously distorted the main body, food business space shrinking, producing areas and sales area upside down, the northeast and Central Plains area upside down, raw materials and finished products hanging upside down, businesses do not save food, farmers do not save food, the result is the government Acquisition of grain and oil inventories increased significantly.
The result of this is that with the continuous increase in the purchase price of foodstuffs, the spread of food prices both at home and abroad has been constantly expanding, and the pressure on food imports has soared.
Li Xigui said: "The price of propping up the market is higher than the equilibrium price determined by the relationship between supply and demand, over-stimulating the release of corn production capacity, resulting in cultivated land and water resources carrying capacity to the limit."