By 12 September, the state auctioned 6.9437 million tons of grains; the transaction volume and transaction rate were respectively 1.2284 million tons, and 17.69%. Among that rice was 1.4038 million tons, the transaction volume and the average transaction price was respectively 81,500 tons, and 2,902 Yuan/ton; recently the state grain inventory was sufficient, leading to the continuing increase of cost, and hindered the healthy development of the economy. NE japonica rice was 840,200 tons and by now the total transaction volume of NE japonica was 91,900 tons. Early indica rice was no transaction. The mid – late rice was 1.202 million tons, the transaction was 345,000 tons, the transaction rate was 2.87%, and the average transaction price was 2701 Yuan/ ton; SC japonica was 201,700 tons, the transaction volume was 47000 tons, the transaction rate was 23.29% and the average transaction price was 3050Yuan/ton. The total transaction in this quarter was 596,400 tons.
 
As for wheat, the state auctioned 508,300 tons with 203,700 tons transaction, and the overall transaction rate was 40.08%, and the average transaction price was 2385 Yuan/ton. Henan put 212,200 tons, and the transaction volume and average transaction price were respectively 88,500 tons and 2386 Yuan/ton; Anhui put 296,100 tons, and the transaction volume and transaction rate were respectively 115,200 tons and 38.91%;
 
As for corn, the state auctioned 5.0317 million tons with 943,200 million tons transaction, and the transaction rate and average transaction price were respectively 18.74% and 2303 Yuan/ ton. Up to now the total transaction volume was 31.55 million tons. The domestic corn transaction was 943,200 tons; the transaction rate, the average transaction price and the total transaction volume were respectively 18.74% and 2303 Yuan/ton and 27.84 million tons.
 
As for soybean, the state auctioned 341,600 tons with 139,300 tons transaction, the transaction rate, average transaction price, and the total transaction volume in this quarter were respectively 40.78%, 4115 Yuan/ ton, and 6.9005 million tons. The lowest transaction prices depressed the domestic soybean market price, but benefit the profit increase of non-GMO soybean deep processing enterprises.













From “China Grains Market Weekly Report”