General Administration of Customs: the price of China's grain imports rose in the previous July

Introduction: the General Administration of Customs recently announced that from January to July this year, China imported 1.05 million tons of grain (excluding soybeans), worth 320 million US dollars, down 54.9% and 34.6% respectively compared with the same period last year This means that imports have decreased, but import prices have gone up The General Administration of Customs pointed out that there are three main reasons for the recent price reduction of China's grain imports: first, domestic grain production continues to rise, and the reduction of the gap between production and demand has led to the reduction of imports In the past three years, the state has taken a series of measures to support and benefit agriculture, such as the abolition of agricultural taxes, which has greatly aroused the enthusiasm of food and agriculture The grain production has been in good harvest for three consecutive years, the domestic grain supply capacity has been enhanced, the gap between supply and demand in the domestic market has been significantly reduced, so the imported grain has been reduced Second, high food prices in the international market have curbed import demand Driven by the reduction of food production and the increase of demand for biofuels, the global food price has risen sharply since this year By April, the food price in the international market had risen by about 20% The high price of grain in the international market has restrained part of the import demand Third, the cost of shipping increased significantly, which increased the cost of grain import The prosperity of global international trade and the rise of crude oil price make the international shipping cost rise rapidly Since April and may this year, China's grain import freight has increased by more than 10% The increase of freight has further increased China's grain import cost At present, China's foreign trade dependence on grain products is relatively low, and there is still plenty of operation space for grain import However, according to the General Administration of customs, due to the fact that China's grain production cost is in the forefront of the world, and that large-scale cultivation and irrigation will aggravate the deterioration of the ecological environment and the shortage of water resources, it is difficult for China to increase its grain planting area substantially in the future It is reported that at present, the self-sufficiency rate of grain production and demand in China is about 97%, which has basically got rid of the unfavorable situation of grain shortage However, the variety structure and quality level of grain supply still cannot meet the current market demand, resulting in the surplus of low-quality varieties and the shortage of high-quality new varieties.