In the case of the collective decline of the three major A-share indexes on March 25, agricultural stocks rose against the trend, up 1.08% as of the closing, and the net inflow of main funds throughout the day was 840 million yuan. Among them, the concept stocks of seed industry have strong power, Zhongnongfa Seed Industry Group Co.Ltd(600313) limit, Jiangsu Provincial Agricultural Reclamation And Development Co.Ltd(601952) , Hainan Shennong Technology Co.Ltd(300189) rise by more than 5%.
According to the Ministry of agriculture and rural areas on March 25, the Ministry of agriculture and rural areas and the Ministry of finance have made clear the key work and package support policies for grain production in 2022.
The Ministry of agriculture and rural areas and the Ministry of Finance require that all localities go all out to ensure a bumper harvest of summer grain and wheat, do everything possible to expand the planting of soybean oil, pay close attention to stabilizing the price and supply of agricultural materials, pay unremitting attention to agricultural disaster prevention, mitigation and relief, stabilize the basic situation of agriculture, and provide strong support for promoting the stable and healthy development of economy and society.
It is worth noting that the requirements for the expansion of soybean oil plants have been repeatedly mentioned in March.
"Soybean oil affects the overall situation of national food security and economic and social development. Under the background of China's high dependence on foreign edible oil, expanding soybean and oil production has become a major political task. Reducing dependence on imports and improving China's self-sufficiency rate are conducive to ensuring oil supply and reducing the impact of anti restriction. This is a plan for long-term development." Yuan Shuai, Deputy Secretary General of Rural Revitalization and Construction Committee of China Cultural Management Association, said in an interview with Huaxia times.
agricultural support package released
According to the prediction of the Ministry of agriculture, the gap between China's corn production and consumption will reach about 15 million tons in 2022; In 2022, the gap between China's soybean production and consumption exceeded 100 million tons. Since 2021, the Shenzhen Agricultural Products Group Co.Ltd(000061) prices of corn, soybean and wheat have continued to rise, and the prices have successively exceeded the highs in recent years. Therefore, we must give top priority to grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply.
China's No. 1 central document issued in early 2022 has clearly requested that the Chinese people's jobs should be firmly held in their hands at any time, and that the rice bowl should be mainly packed with Chinese grain to ensure stable grain sown area and maintain output of over 1 trillion and 300 billion jin.
To this end, the central government will comprehensively implement a package of policies and measures such as subsidies, incentives and finance to support grain production in 2022.
The policy is clear. It is necessary to stably implement cultivated land productivity protection subsidies, and issue one-time subsidies to farmers who actually grow grain, so as to alleviate the impact of increasing grain expenditure caused by the rise of agricultural materials prices. At the same time, we will support the construction of 100 million mu of high-standard farmland, expand the area of conservation tillage on black land, deeply implement the action to revitalize the seed industry, implement the subsidy policy for the purchase and application of agricultural machinery, and improve the comprehensive capacity of grain production.
In order to effectively protect farmers' grain growing interests, implement subsidies for corn and soybean producers and rice subsidies, and appropriately raise the minimum purchase price of rice and wheat; Increase incentives for grain producing counties and mobilize the enthusiasm of local governments to pay attention to agriculture and grain; We will implement belt planting subsidies for corn and soybean to support the compatible development of soybean and corn.
At the same time, the policy requires that, on the one hand, we support the development of socialized services such as alternative farming and planting of grain and oil plants to promote cost saving and efficiency; On the other hand, support the construction of a number of grain and oil industry parks and industrial clusters, and promote the integrated development of "production + processing + science and technology + marketing" of grain and oil industry.
In addition, we will increase investment in agricultural disaster prevention, mitigation and disaster relief, support the prevention and control of major diseases and insect pests of grain crops, and do a good job in promoting the weak to strong of wheat and timely rescue of major agricultural natural disasters; We will increase the proportion of insurance premiums for the three major grain producing provinces and counties in the northeast, and fully support the planting of major grain in the central and western regions.
The Ministry of agriculture and rural areas and the Ministry of Finance require that all localities go all out to ensure a bumper harvest of summer grain and wheat, do everything possible to expand the planting of soybean oil, pay close attention to stabilizing the price and supply of agricultural materials, pay unremitting attention to agricultural disaster prevention, mitigation and relief, stabilize the basic situation of agriculture, and provide strong support for promoting the stable and healthy development of economy and society.
repeatedly requested to expand the planting of soybean oil
According to the data of the National Bureau of statistics, in 2021, the sown area of soybean was 126 million mu, a decrease of 22 million mu or 14.8% over the previous year. In the total grain output in 2021, corn accounted for nearly 40% and soybean accounted for only 2.4%. It can be said that the planting area and yield of soybean in China are relatively small.
Soybean oil accounts for 50% of China's vegetable oil consumption. As pressed soybeans are imported genetically modified soybeans, the import dependence of soybean oil is more than 90%. In addition, rapeseed is also imported in large quantities. Taken together, China's external dependence on oil is close to 80%. This means that China's soybeans are facing a situation of low self-sufficiency rate, high external dependence, mainly import and supplemented by self-sufficiency in the short term.
On March 18, the national development and Reform Commission issued the notice on further improving the work related to important Shenzhen Agricultural Products Group Co.Ltd(000061) production such as grain and soybean, which clearly proposed to vigorously expand the production of soybean and oil. Since the beginning of this year, the national development and Reform Commission has supported the construction of soybean oil production bases in some areas in combination with high-standard farmland construction fund channels, and will take the lead in carrying out pilot projects for the comprehensive utilization of saline alkali land and other reserve resources in areas with basic guidance conditions of relevant departments.
At the same time, a teleconference on the promotion of the expansion of soybean oil production was held in Beijing on the 18th. Hu Chunhua, member of the Political Bureau of the CPC Central Committee and vice premier of the State Council, clearly stressed that tough measures should be taken to increase the planting area of soybeans, expand the production of oil crops according to local conditions, increase the production of more oil at the same time, and comprehensively improve the output, so as to fully complete the goal and task of the expansion of soybean oil production.
What is the meaning behind the repeated mention of the requirement to expand the planting of soybean oil?
In Yuan Shuai's view, soybean oil affects the overall situation of national food security and economic and social development. Under the background of China's high dependence on foreign edible oil, expanding soybean and oil production has become a major political task. Reducing dependence on imports and improving China's self-sufficiency rate are conducive to ensuring oil supply and reducing the impact of anti constraints. This is a plan for long-term development.
Bai Wenxi, chief economist of IPG China, believes that the central government has repeatedly mentioned the expansion of soybean oil plants this year, which is mainly a measure to safeguard China's food security under the aggravation of international conflicts.
"The development of Chinese soybean oil is of great significance. At the same time, in the era of dynamic international economic and political situation, it can also enhance the security of China's economy." Hong Tao, deputy director of the academic committee of the National Society of consumer economics and chief expert of the Institute of modern economic management of Zhejiang Yuexiu Institute of foreign languages, said in an interview with Huaxia times.
