Will the Northeast deep processing subsidy policy withdraw from the corn policy arena?

Heilongjiang, Jilin, Inner Mongolia successively implemented deep processing subsidy policy

In August 2015, Heilongjiang Province implemented the “Measures for the Management of Policy-based Grain Subsidies for Maize Deep Processing Enterprises”, and the enterprises included in the scope of subsidies participated in the policies organized by the relevant departments of the State and Heilongjiang Province from April 15 to October 30, 2015. The sexual corn bidding sales activity was auctioned in Heilongjiang Province and returned to the policy-oriented corn for self-use processing and sales by the end of December 2015. The provincial finance subsidized according to the standard of 200 yuan/ton. The subsidy funds were from the central and provincial levels. Budget arrangement.

Will the Northeast deep processing subsidy policy withdraw from the corn policy arena?

Later, Jilin Province issued the "Notice on Improving the Subsidy Standards for Maize Deep Processing Enterprises", proposing that "in the fourth quarter of 2015, the subsidies for the deep processing enterprises with an annual processing capacity of over 100,000 tons in the province will continue to be subsidized." The auctioned out of the warehouse (before the end of 2015) and the self-contained state temporary storage and storage of corn and provincial reserve rotation corn, it is proposed to increase the original subsidy standard of 150 yuan per ton to 350 yuan, of which the state subsidies 100 yuan, the difference of 250 yuan by Provincial subsidies (the auction of provincial-level reserve rotation of 350 yuan is all subsidized by the province); for the fourth quarter of 2015, the company's self-purchased corn in the province will be subsidized by 250 yuan per ton.

In March 2016, Jilin Province issued the “Notice on Doing a Good Job in the Management of Maize Subsidiary Maize for Maize Deep Processing Enterprises from January to June 2016” to strengthen the directional control and stabilize economic growth, and continue to support the corn deep processing enterprises to overcome difficulties. In the first half of 2016, the company will continue to provide temporary subsidy support to the deep processing enterprises with an annual processing capacity of over 100,000 tons in the province in the first half of 2016. The specific content is: from January to June 2016, the enterprises included in the scope of subsidies The corn consumed according to the actual processing for self-purchasing in the province is subsidized by 150 yuan per ton.

What are the beneficial effects of the Northeast deep processing subsidy policy?

It can be seen from the above that the purpose of the Northeast deep processing subsidy policy is to alleviate the difficult operation situation of the deep processing enterprises in Northeast China, improve the production enthusiasm of deep processing enterprises, and restore the operating rate of enterprises. On the other hand, in order to promote the auction volume of the National Reserve, the pressure on the high inventory of the Northeast National Reserve is alleviated.

1. The implementation of corn deep processing subsidies is obvious. Judging from the state's support policies for deep processing enterprises in Northeast China, the amount of subsidies has been increasing and the time has been continuously extended, which has alleviated the operation of deep processing enterprises in Northeast China. It is understood that Jilin Province issued a policy in October, subsidizing 250 yuan per ton according to the actual corn processing volume of the enterprise. Only two months before the implementation of the policy, it has subsidized 1.66 million tons of corn and subsidized funds of more than 400 million yuan.

2. The pressure on the stocks of the State Reserve has been alleviated In recent years, the state reserve inventory has been increasing and the inventory is huge. The primary task of the national reserve auction this year is the “destocking” of over-expected corn. From the auction of the national reserve, since the auction of the national reserve over-the-ear corn on May 27, The total volume of transactions was 8.502 million tons, including 0.05 tons in 2011, 6.8107 million tons in 2012, 1.679 million tons in 2013, and 11,800 tons in 2014. The imported US No. 2 yellow corn was 61,900 tons. Judging from the number of transactions, the National Reserve's inventory of over-time corn in 2012 has bottomed out, and this year's work to ease the pressure on the stocks of the National Reserve has been initially completed.

The author's point of view:

The production and operation status of the deep processing enterprises in Northeast China has been improved, the pressure on the stocks of the National Reserve has been effectively alleviated, and the sales of the over-stage corn has been basically completed. In the next two years, the purchase of the State Reserve will gradually withdraw from the Northeast corn stage, and the domestic corn planting area will be reduced and strengthened. The concept of corn marketization, the circulation of grain in the corn market will continue to shrink, and the destocking of corn produced in 2014-2015 will no longer become a burden, so the release of stocks in the later period will be combined with market rules to achieve reasonable consumption of domestic corn stocks. From the point of view, the withdrawal of the Northeast deep processing subsidy policy from the corn policy stage will be a high probability event.

(Original title: Does the corn processing subsidy continue to ignore the Northeast)