Uptrend seen in summer grain output

0 CommentsPrint E-mail China Daily, June 4, 2010
Adjust font size:

Farmers undertake deweeding operations at a wheat field in Nanyang, Henan province.[China Daily]

Farmers undertake deweeding operations at a wheat field in Nanyang, Henan province.[China Daily]

China's summer grain output, which accounts for about a quarter of the annual food yield, will continue its growth trajectory this year despite the recent weather vagaries and ease fears on the inflation front, analysts said on Thursday.

Ample State reserves and stable agricultural policies will continue to keep grain prices steady this year, with limited impact seen from the fluctuations in global wheat prices, said analysts.

Wheat, which accounts for the bulk of the summer grain output, is expected to have yields that are slightly better than last year, Han Changfu, China's agriculture minister said on Tuesday, without providing specific figures.

"Data collected from the provinces and areas are under calculation and the total output is yet to be calculated," Han Jun, director-general of the rural economy department at the Development Research Center under the State Council, told China Daily on Thursday.

Summer grains are the main food source for people in northern China and together with paddy and corn has a 3 percent weightage in the Consumer Price Index, a key gauge of inflation.

Due to the serious drought in southeastern areas and cold weather in northern and eastern China during winter and spring, there were apprehensions that the wheat crop in these areas would be damaged and cause price hikes and inflation.

"Even if China harvests less wheat this year, prices will remain stable due to the huge reserves and protective grain policies," said Hu Bingchuan, a researcher with the rural development institute of the Chinese Academy of Social Sciences.

He said the government owns huge wheat reserves after yields grew for the six consecutive years till 2009.

The overall yield of summer grain was 123 million tons in 2009, up 2.2 percent year on year, according to government statistics.

The speculative trends seen in the grain and vegetable markets will not last, as most of the commodities are seasonal products, he said. Prices of garlic and green soybeans have already started to decline.

Though the weather vagaries will not affect overall output, they will hurt the wheat quality in some areas, thereby providing a niche market for US wheat, said Jing Zhuocheng, an analyst with Shanghai CIFCO Futures Co.

China imported 131,421 tons of wheat valued at $33.9 million from the United States in April, down 31.4 percent from March, according to the Customs.

A report released by the US Department of Agriculture last month said China may import about 900,000 tons wheat during the 2010 to 2011 period.

Han said China will still remain a net wheat exporter, and international prices will have a limited impact on domestic prices.

"Except for soybeans, international grain prices have a very limited impact on China's grain prices," Han said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产在线播放你懂的| 毛片a级毛片免费观看免下载| 夜里18款禁用的视频软件| 丰满少妇被猛烈进入无码| 最新国产三级在线不卡视频| 亚洲成a人不卡在线观看| 爱情岛永久入口首页| 国产公开免费人成视频| jjzz日本护士| 日本动漫h在线| 亚洲av无码欧洲av无码网站| 欧美成人三级一区二区在线观看| 人人干人人干人人干| 福利一区二区视频| 同性spank男男免费网站| 色猫咪av在线网址| 国产凌凌漆国语| 高清成人爽a毛片免费网站 | 免费在线观看h| 精品无码AV无码免费专区| 国产69精品久久久久9999| 里番牝教师~淫辱yy608| 国产美女a做受大片观看| h无遮挡男女激烈动态图| 尤物视频网站在线| 东京热人妻无码人av| 成人精品一区二区激情| 久99久热只有精品国产女同| 日本中文字幕在线观看| 久久久无码精品亚洲日韩按摩 | 成人永久免费福利视频网站| 中日韩亚洲人成无码网站| 日本亚洲精品色婷婷在线影院| 久久强奷乱码老熟女| 欧美精品一区二区三区在线| 亚洲美免无码中文字幕在线| 狠狠ady精品| 亚洲综合色婷婷在线观看| 爱情岛亚洲论坛在线观看| 国产一区二区三区电影| 中文字幕第3页|