Beauty farm in China or into the second biggest importer

"Enter" to reduce inflationary pressures

United States Department of Agriculture's agricultural trade on Tuesday released a report, FY 2011, China is expected to be purchased from the United States, more than 150 billion in agricultural products into United States Mexico's second largest import of agricultural products, while 2009 China was just ranked fourth.

China agricultural imports are accelerating growth. It is understood that, since 2000, imports increased volatility in agricultural products in China, 2009, the average annual increase in imports of 18.7%, higher than the average annual increase of exports.

Ministry of Agriculture announced on 31 August, 1 till July, China's total agricultural imports 391.8 billion, an increase of 33.6%; trade deficit 130.5 billion expansion 61.9%. Cereal imports 296.0 million tons, an increase of 66.0%, of which corn imports 28.2 million tons, an increase of 56%.

Business and social analyst with Rongrong told the reporter that this year the information daily, China's rare summer grain yield reduction of natural disasters, the global context of natural disasters caused global food hysteria, international grain prices of external disk idle speculation, food processing on demand, etc, these factors have led to a rapid rise in prices of agricultural products and food import surge in the number.

"Occurs imports substantial year-over-year growth and impact of the economic crisis in 2009 in the development of the industry led to lower low cardinality agricultural prices over the same period. In addition, the international grain prices low, compared to domestic is China's grain imports growth of other factors. "Full Rongrong said.

International prices soar will not affect China's grain market prices? national development and Reform Commission official had previously expressed, domestic food prices change basic is not affected by the impact of the international market, because China's wheat, corn, paddy rice production and demand the basic balance between import volume is small, inadequate domestic grain production of 1%, mainly food varieties to self-sufficiency, domestic food prices change basic is not affected by the impact of the international market.

However, 1% of imports may become 100% of the price hike is expected. China Agricultural University, College of Economics and management Professor Chen-fu in the acceptance of the information daily, told reporters that the United States Department of Agriculture report came out, the market for agricultural products import growth is expected to increase, the prices of domestic agricultural products is also expected to strengthen, through the influence of market expectations, changes in the international grain prices will eventually be conductive to the domestic market.

National development director Zhang ping, 26 August to do report of the Standing Committee also pointed out that food supply and demand in regional and structural problems are more prominent, from international markets, overall grain supply and demand is too tight, my use of the international markets to compensate for the insufficient supply of domestic individual varieties of difficulty.

"International grain prices to domestic generally lag 3 to 4 months, will likely peak season with consumption, thus generating overlay effect prices soar more likely. "Chen Fu believes that" the concern that if the price of agricultural products, will inevitably lead to increased labor costs, and it may lead to inflation. ”

Zhang Ping said, some agricultural prices in the second half will run high, input of inflationary pressures persist, and idle speculation and sensitive to price changes, will enlarge the market's expectations for prices. Recently, many analysts predict that food prices expected impacts, CPI increase will remain high.

Full Rongrong analysis said that China had food purchasing and storage policies for regulation of food, primary agricultural products such as wheat, corn, rice, etc. can be adjusted through the futures, as leverage to current food imports growth and prices are still under State control, but must not lose sight of the Terminal agricultural price rise for the effects of consumer psychology, national regulation mechanisms still need to be rigorous.