Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Grains
Commodity
Maize
Date
01/11/2012
Policy Category
Production
Policy Instrument
Governement procurement from farmers
Description
Increase of governemt procuremet price for maize in 2013 by 7%, in an effort to offset planting costs and boost farmer\'s income. Maize will be procured in northeaster corn belt region at CNY 2 100 per tonnes (USD 340).