According to a survey from China's Ministry of
Agriculture and Rural Affairs on October 20, at present, 80% of China's autumn
grains have been harvested, and the recent continuous rains have had a limited
impact on crop yields. Experts are certain that the total yield of Chinese
autumn grains will be high.
The farmland used to grow autumn grains has
increased this year compared to previous years, and the farmland area of
corn, a high-yield crop, has increased significantly. The local disasters in
Henan, Shaanxi, and Shanxi have been severe, but the agricultural disasters
across China have been less severe than normal. Statistics from the Ministry of
Agriculture and Rural Affairs show that during the past 10 years, China’s
average annual farmland area affected by disasters is 24 million mu. This year,
the affected farmland area is about 6.7 million hectares, and the agricultural
disaster this year is the lightest in the past 10 years.
China's grain is divided into summer grain,
first-season rice, and autumn grain. Summer grains and first-season rice have
been harvested in abundance, with a total increase of about 3.7 billion
kilograms compared to last year. In addition, the yields of autumn grains are
also increasing. The annual grain output is expected to hit a record high
again, staying above 650 billion kilograms for seven consecutive years.
Grain harvest to become slower and more costly due to rain
Extreme weather has occurred frequently this
year, and the recent rainfall in northern areas has been relatively frequent.
When it comes to whether the bad weather will affect the autumn harvest and
winter planting, Pan Wenbo, the Director of Planting Management Department of
the Ministry of Agricultural and Rural Affairs, stated that the autumn rain
this year has made the autumn harvest in China unusually busy. First, the
continuous autumn rain has slowed down the progress of the autumn harvest.
Second, the continuous autumn rain also caused an increase in the cost of
autumn harvest. In the Yellow Sea area, this year's machine harvest of corn
will increase in cost by between RMB 750 and RMB 1500 per hectare of land.
Despite rain, grain prices in China remain stable
Regarding whether the recent extreme weather
will have an impact on the smooth operation of China’s grain and other
important agricultural products markets, Tang Ke, the Director of the
Department of Market and Information Technology of China's Ministry of
Agricultural and Rural Affairs, said that judging from the current situation,
grain prices have remained stable this year and are expected to remain so. The
average price of rice, wheat, and corn in the monitored markets between January
and September was RMB 2.6 per kilogram, which was only 6.2% higher than the
same period last year. Grain prices have generally increased, but the increase
is limited, and the increase is mainly due to the increase in corn prices.
At present, the harvest of the first-season
rice in the south has reached the market, and the price has stabilized.
Additionally, the wheat buying season has mostly ended, and the price of wheat
has risen slightly after the National Day holiday. Corn has begun to be
harvested and marketed, and with sufficient supply in the market, the price has
fallen compared to earlier this year.
For more information check our Crop
Farming China E-News.
About CCM:
CCM is the leading market intelligence provider for China’s agriculture, chemicals, food & feed and life science markets. Founded in 2001, CCM offers a range of data and content solutions, from price and trade data to industry newsletters and customized market research reports. CCM is a brand of Kcomber Inc.
For more information about CCM, please visit www.cnchemicals.com or get in touch with us directly by emailing econtact@cnchemicals.com or calling +86-20-37616606.