Issue on national food security mentioned on the eleventh year of continuous increase of grain in China, although there is a structural shortage problem, but at present, China's grain production overall excess, to inventory pressure is an indisputable fact.
Grain farmers in major grain-producing areas will not be able to sell food.
However, in this situation, China is a net importer of corn (1725, -7.00, -0.40%), and the vast majority of the people feel that it is inconceivable.
In fact, the reasons for this situation, a is our country has a surplus of corn, domestic production of corn has been unable to fully digest itself, so appeared to inventory pressure;
Second, the price of imported corn to the shore is the price advantage for the local corn, and the grain enterprises will choose to import the corn because of the cost.
Third, the development of the downstream industry of maize is not enough, and some enterprises are in control of foreign capital, resulting in insufficient digestion of corn.
That corn production problem first, in 2015, according to the national bureau of statistics released the area sown to grain and food production, corn is planting area is the largest in China, the production of the highest, the first major grain crops has completely over rice.
In 2015, China planted 38117,000 hectares of corn, with total output of 22458.0 million tons, accounting for 36.14% of the total grain output in China.
On March 28, 2016, the national development and reform commission, ministry of finance, national bureau and other departments held a media, officially announced that the three provinces of northeast China in 2016 area will cancel the corn reserve policy, adjust to the market to buy "subsidies" new mechanism.
That is to mark our country's grain into the inventory era.
The second is that imported corn has a price advantage over local maize, which is more willing to import corn.
Enthusiasm, as is known to all, in order to improve grain protection grain benefit, countries have been increase the price of corn in the store, but the international corn prices fell nearly two years, leading to domestic corn prices higher than international prices.
While corn prices since last year and fell, but the current import corn landed dutiable price is 1666 yuan/ton, and domestic corn average price in 1841 yuan/ton, the price of imported maize advantage is still there.
The third is that the development of the maize downstream industry lags behind, and the demand is not enough, leading to excessive maize production.
Corn deep processing begins with the starch, and there are some byproducts such as germ oil, protein powder, etc. Then the corn starch is processed further.
However, corn deep processing in China due to prop up the market and policy formulation of unproductive (currently processing policy is based on national conditions and the supply and demand for many years ago) lead to a serious shortage of enterprise production starts, the northeast corn processing capacity utilization even only to 50%.
Then there is the need for the farming industry to be affected by the price fluctuations of meat products.
The reasons for these reasons lead to the fact that China's corn is now in excess of capacity, so many people say that all of them are so much food that they can't sell them. Why import corn?
First of all, it is impossible to say that our country's corn is exported, for example, there is no competitive advantage in the price of corn imported from China.
That's why the country has to import corn, and that's a question of a corn import quota.
The import quota of corn is itself to reduce the import of corn, because grain enterprises need to apply for the corn in advance, so the country can control the import of corn.
However, the high price of corn and the low quality of corn in China are not enough to meet the demand of some grain enterprises for high standard maize.
How much corn did our country import?
In 2016 China's import quota of corn is 7.2 million tons, and in combination with corn purchases and sale situation a few years ago, around 270 million tons, the current domestic corn reserves, by contrast, imports is insignificant.
In fact, the state has made great efforts to protect the corn industry from becoming the next soybean industry.
