Top stories of the day: China Agro Commodities-Oct. 12
BEIJING, Oct 11, 2013 (Xinhua via COMTEX) --
1. China has finished 70 percent of autumn grain reaping, faster
than a year ago, according to the latest data released Friday by the
Ministry of Agriculture (MOA).
In the meantime, some 34.6 percent of the planned winter wheat
sowing had been completed by October 10, 6.6 percentage points higher
than the same time a year ago.
The country's autumn grain crops mainly include corn, and middle
and late-season rice, accounting for about 80 percent of the full
year's total grain output.
2. Rice prices in South China's Guangxi Zhuang Autonomous Region
have remained at low levels since the beginning of this year, taking
a blow due to cheaper imported rice.
Guangxi is a major rice production base in southern China. This
year, rice prices in the region fell to around 2,200 yuan/metric ton
Industry insiders expect China will raise rice import quotas, and
in the meantime crack down on rice smuggling to stabilize the
domestic grain market. (Edited by Liu Xiaoyun, email@example.com)
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