Can The Purchase And Storage Plan Enhance Cotton Growers' Confidence In Planting Cotton?

In March 31st, the state Development and Reform Commission , Treasury Department The eight departments jointly issued the 2011 year. cotton temporary store up "Plan", decided to start from 2011 cotton temporary collection and storage system. Implementing this plan cotton The main producing areas are 13 provinces (districts and cities): Tianjin, Hebei, Shanxi, Jiangsu, Anhui, Jiangxi, Shandong, Henan, Hubei, Hunan, Hunan, Hunan, and Shaanxi. In 2011, the price of cotton temporary storage and storage was 19800 yuan / ton (standard weight) from standard grade lint to warehouse.

If pressed according to the current cottonseed Price 6 to 1. 7 yuan / kg conversion. When the purchase price of cotton is 19800 yuan / ton, the price of seed cotton is about 4 5 to 4 yuan / jin (37%). At the same time, on September 2010 20-21, the national cotton price is B index (CNCottonB) the average price is 19763 yuan / ton, the average purchase price of seed cotton is 4.4 yuan / Jin, and the purchase price is 19800 yuan / ton and the converted price is converted. Purchasing price All are relatively close. Considering the low cotton seed percentage this year, it can be generally agreed that when the lint price is 19800 yuan / ton, the price of seed cotton in the market should be around 4.5 yuan / Jin. China's cotton net data show that in 2008, 2009 and 2010 (as at the end of March 2011), the average purchase price of seed cotton in China was 2.5 yuan / Jin, 3.5 yuan / Jin and 5.7 yuan / Jin respectively, which means that the cotton farmers' income in 2011 will be significantly higher than that in the past three years under the normal yield per unit area.

According to the national development and Reform Commission monitoring data, in January, the grain purchasing price of the main producing areas in the country and the grain retail prices of 36 large and medium-sized cities generally rose steadily, and the increase continued to narrow. The average purchase price of three kinds of grain wheat, corn and rice in the main producing area is 104 yuan per 50 kilograms. According to this calculation, if the lint price is 19800 yuan / ton, the cotton grain price ratio is at 9.52:1, which is at a relatively high level in recent years.

It is worth noting that this government department only gives a reserve price, which means that seed cotton prices will be higher than the above estimate in most of the time. At the same time, the temporary purchase and storage plan is conducive to stabilizing the cotton farmers' income expectations and eliminating the worries of cotton growers on the fluctuation of seed cotton prices in the coming year, and has positive significance for promoting cotton production.