NEWS
China Stockpiling Soybeans, Corn
Fri Nov 15, 2013 07:58 AM CST

BEIJING (Dow Jones) -- The government will continue to stockpile soybeans and corn this year from farmers to maintain a stable market, the National Development and Reform Commission said in a statement Friday.

It will buy soybeans from farmers at 4,600 yuan a metric ton and corn at a range between 2,220 and 2,260 yuan a ton, it said.

Soybean support prices didn't change from last year, but the government's offer for corn was higher than the 2,100-2,140 yuan range it offered last year.

The latest round of stockpiling is scheduled to end on April 30 next year, the NDRC ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
Related News Stories
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN's Grain Quick Takes
Ukraine Harvest Ahead Of 2013
DTN Plains & Prairies Opening Comments
Fundamentally Speaking
DTN Daily Basis Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments