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subject: State Department Policy To Speed Up The Deployment Of Help Peasants Progress Pork Purchasing And [print this page]


The State Council executive meeting held in the deployment of further policies to support agricultural production of the seven measures, including purchasing and storage to speed up the progress of pork. The introduction of these policies, the market seems to help reduce the current inflation still expected.

The meeting pointed out the extreme abnormal climatic conditions, agricultural disasters and re-issued, causing great difficulties for agricultural production. Meanwhile, hog prices continue to fall, farmers suffered a serious setback pig production enthusiasm.

According to the Conference decided that the central government has arranged this year, 14.5 billion purchase of agricultural machinery and tools on the basis of subsidies, an additional 10 million dollars to support the Southwest and northern plowing sowing machines to speed up the progress of spring; according to the standard 10 yuan per mu of the country's 11 main producing 5,300 acres of winter wheat to give subsidies and weak seedling wheat; and has arranged 600 million yuan in special funds to create the basis of high yield, the increase of 500 million yuan; increase subsidies for 150 million yuan, for the organization of transporting feed grass and feed, to solve Xinjiang, Inner Mongolia hit 30 million (only) hit the spring short-term supplementation of livestock safety and Jie Gao nursery needs; also requires local governments to enrich and improve the central water conservancy projects, speed up the establishment at all levels of government investment steady growth and safeguard mechanisms.

It is noteworthy that the meeting should be made to implement the plan purchasing and storage of frozen pork, pork purchasing and storage to speed up the progress. Timely start on the state for the county transferred out pig farmers (field) to prosperity temporary breeding sows subsidies. Continue to implement the interim purchasing and storage of rapeseed policy, purchasing and storage price from 1.85 yuan per catty raised to 1.95 yuan.

China International Exchange Center Research Fellow, Yong-Jun Zhang told the "First Financial Daily" reporters, in view of agriculture in the lifeline of the national economy status, the introduction of the seven policy to cope with a series of macro-control measures before, to a certain extent, also will play a role in stabilizing the market inflation expectations.

According to the National Development and Reform Commission on April 16 released statistics, the recent 14-week pig prices continued falling, resulting in overall loss of pig production.

"Frozen meat purchasing and storage plan to a certain extent, the price of pork market stability." Yong-Jun Zhang told reporters, "The current serious imbalance pig grain prices, if the Government does not control, according to the price of pork in the cycle of view, to the end of the year , pork prices will rebound. "

Chen, chief economist at BNP Paribas Securities Fixed told reporters that the price volatility currently affecting our country there are many factors, one economy continues to rebound; Second, international commodity prices rising, the direct promotion of domestic energy prices; third is food , pork prices could continue to rise. He believes that in May CPI increase may exceed 4%, to 7-8 months could reach the top, do not rule out the CPI rose more than 5% chance.

State Department Policy To Speed Up The Deployment Of Help Peasants Progress Pork Purchasing And

By: xt




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