Food Prices Steadily Rising

In support of the national child care policy under the city, rice, wheat, corn, soybeans and other food staples prices significantly this year, rising corn prices even stand on the highest point in 10 years, industry insiders believe that as countries continue to enhance the purchase of grain varieties prices, future food prices will steadily rise, however, because 6 consecutive years of bumper harvests, national master large quantities of food stocks, grain prices will not rise too much.

Three varieties of grain prices.

Corn prices in the past year as prices of food in the star. December 2008, domestic corn unmarketable, water content as low as 30% of the corn price 0.5 yuan per catty, a year later, researchers Jiao Shanwei on cbn told reporters: “The current price of corn in North China area remained at 0.8 to 0.9 per hour, Some areas in Shandong, corn prices and even break 1 per catty. “The price compared to last year’s low of 0.5 yuan, the price nearly doubled.

According to the Beijing data medium Futures Brokerage Co., Dalian corn settlement price in the second half of 1800 yuan per ton station location, the average price of corn hit a week 10-year high.

Although the increase less than corn, rice and wheat prices are high is also evident. The national grain and oil trading center of Northeast Rice announced the auction data, for example, on September 10th Anhui Grain Wholesale Market and the networking market at a national interim storage rice auction sales fairs, the batch of 2008 average price of the acquisition transaction rice 2100 yuan / ton; to Dec. 10, 2008 acquisition of rice average transaction price rose 2,412 yuan / ton, the price per ton rose 14.9%.

Wheat, the September 9 in Anhui Grain Wholesale Market and the interconnection market, the minimum purchase price at the auction sales of Fair wheat, white wheat traded average price 1,800 yuan / ton, mixed wheat average transaction price 1739 yuan / ton; 12 9, white wheat average price of 1859 yuan transactions / ton, mixed wheat average transaction price 1815 yuan / ton, respectively, 3.3% and 4.4%.

For the three major varieties of grain prices, the industry is not surprising that, as the starting point of the policy is to achieve stable prices rise, thereby increasing their income.

This year in May and September, by the National Development and Reform Commission and other agencies launched the “minimum purchase price of wheat in 2009 the implementation plan” and “in late 2009, the implementation of the minimum purchase price plan,” were introduced, wheat area, compared with 2008 , white wheat per Jin from 0.77 yuan in 2008 increased to 0.87 yuan, red wheat, mixed wheat increased from 0.72 yuan per jin to 0.83 yuan; of late, the minimum purchase prices in the late indica rice from last year’s 0.79 per Jin rose 0.92 yuan, the minimum purchase price of rice from last year’s 0.82 yuan per jin rose 0.95 yuan, rise in purchase prices of wheat and rice, the reduction was more than 10%.

“Rice bag” limited increase in expenditure.

The industry believes that to continue to increase the income of peasants in the policy tone, grain prices also increased steadily, December 14, the NDRC said that to promote the development of food production, protection of national food security, protect the interests of farmers, the state will continue to strengthen the food market control, to guide a moderate increase in grain prices.

Food prices for consumers, “rice bag” limited impact. The national annual consumption of about 105 million t of rice, flour, about 056 million t, equivalent to 160 kg per capita consumption of rice per year, about 100 kilograms of flour. Now a special wholesale price of flour is about 1.25 yuan per catty, the standard first-japonica rice in Shanghai, Hangzhou, the wholesale price is 1.7 to 1.85 yuan, which is the purchase of rice per person per year on average, spend 200 yuan, the annual flour The cost for the 170 ~ 185 yuan, rice, flour prices up even 10% of the cost of an extra expenditure of only 20 yuan, limited impact on the cpi increases.

However Jiaoshan Wei pointed out that, although the meter, the surface of expenditure is not significant, should be noted that rice, flour product line is very long, a lot of food with rice, flour as raw material, rice, flour, once the downstream products rose, cpi will significantly upgrade.

Jiaoshan Wei also said: “The hands of a large number of grain reserves of wheat this year, has acquired more than 4,000 tons of supply.” NDRC figures show that China’s grain harvest for six consecutive years, has an adequate stock. The current total inventory of state-owned grain enterprises raw grain more than 4,500 jin, stock consumption ratio up to 40%, well above the internationally recognized 17% ~ 18% of the level of security lines, stock structure is reasonable, a more balanced distribution of the grain market supply is completely secure, domestic food prices would not continue to increase significantly the situation.

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