China Financial Daily

August 31, 2009

Ministry of Agriculture: The current farm prices rose for the restoration of normal fluctuations in

Filed under: Financial News — Tags: — lily @ 7:44 am -0700

Ministry of Agriculture: The current farm prices rose for the restoration of normal fluctuations in
Zhong Guangwang Beijing August 31 messages on the 31st of China Ministry of Agriculture in a press conference pointed out that China’s current agricultural products [10.56 -5.63%] prices rose steadily, showing up restorative posture, is a normal fluctuation.
Chen Mengshan, spokesman for the Ministry of Agriculture, said at the press conference this year, China’s abundant supply of agricultural products, food prices in the country to prop up the overall steady acquisition policy is under slight, fresh normal fluctuations in agricultural prices, agricultural markets as a whole is running smoothly.

It is reported that China’s current food prices steady slight. Cotton, soybeans, rapeseed and other prices in the doldrums after the rebound, but the current price level is still 20 percent lower than that for more than a year earlier. Narrow majority of fresh agricultural prices fluctuations, the recent resumption of live pigs and eggs of rising prices and seasonal fluctuations.

Agricultural Products Wholesale Market, according to the Ministry of Agriculture Information Network Monitoring, August national “food basket” wholesale price index was 162.3, up 1.2 points, 3.1 points up the chain. Ministry of Agriculture focus on monitoring the 58 kinds of agricultural products, there are 28 kinds of prices in the beginning of the rise, with 30 kinds of decline.

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