Chapter 465: Outliers in the Grain Merchants (1/2)
As the country's leader pointed out in an interview: "If 2009 was the most difficult year for the economy since the beginning of the new century, then 2010 was the most complicated year for China's economy." ”
With escalating exchange rates, unexpected inflationary pressures, continued changes in external demand, and large fluctuations in capital flows, the macroeconomic situation is difficult to be optimistic......
However, the top management still praised the NDRC's wave of price adjustments - flexibly using the power of private enterprises to suppress speculative agricultural products, which affected most domestic agricultural product prices to continue to fall, and inflationary pressure has been reduced in the short term.
Jiagu's performance in this wave of actions is even more eye-catching, and at the same time, Jiagu's strategic reserve capacity has also attracted the attention of the National Development and Reform Commission.
Therefore, the National Development and Reform Commission couldn't hold back the proposal of Zhou Meng, deputy director of the Price Department, to "further integrate the Jiagu Group into the national price adjustment system", and launched a small-scale demonstration for this purpose.
To be honest, the inclusion of a private enterprise in the state price regulation system is not yet a supplement, but as one of the main forces, which is unprecedented.
Again, if you want to play a direct role in price regulation, you first have to "have the goods in hand" - policy is not omnipotent, and many price rises in the past have fully proved this.
If you want a horse to run, the horse eats grass first. But if money is given to the policy, what kind of impact will it have on the country's existing collection and storage system and market?
The director of the National Development and Reform Commission flipped through the draft and said with a smile: "This Jiagu can surprise people at any time." Tell me, what do you think?"
Speaking of which, Jiagu is definitely an outlier among grain merchants!
- Who would be like Jiagu, who will run the main business vigorously while still having the spare capacity to collect and store materials on a large scale?
Hu Qiyuan, deputy director, also smiled and said: "From this point of view, using Jiagu as a private national grain reserve can also make up for the lack of national grain reserves......
In this regard, Zhou Meng said softly: "But there is a big difference between Jiagu and the national grain reserves, and what we need is not one more national grain reserves, right?"
As soon as these words came out, everyone present had different expressions.
It should be said that the national grain reserve is an important member of the national price regulation system, but in addition to grain price regulation, what other aspects......
-- The national grain reserve was originally born for the purpose of "food security". Since its birth in 2000, the country's "big granary" has been implementing the state's policy of buying from the city.
If we want to achieve the policy objectives of increasing peasants' enthusiasm for growing grain, promoting grain production, and ensuring food security, we should have no objection to scoring 7 or 8 points, not to mention that the state grain reserves have been completed by 10 points. However, in the face of the changed market reality, the national grain reserves have fallen into embarrassment.
To put it simply, after many years of implementing the policy of supporting the market, the state grain reserves have gradually fallen into a new dilemma in which grain subsidies are getting higher and higher, and it is difficult to form a circulation system from storage to storage.
This depends on its particularity - when to collect and store and when to auction can only be decided by the National Development and Reform Commission, the Grain Administration and other departments to the State Council for approval, that is, the right to grain does not belong to the state grain reserves.
In the past two years, the national grain reserves are also seeking changes, and they hope to enter the terminal market like the national grain group. To this end, dozens of reports were sent to the National Development and Reform Commission - the biggest resource for the national grain reserves is to rely on the granary, and they hope to use this advantage to produce high-quality and low-end products at low prices.
However, the NDRC is cautious. After all, although the main purpose of the state's grain reserves is to regulate and control the economy at the macro level in order to stabilize market prices, due to its special status, the industry will inevitably suspect that it is an unfair competition of "competing with the people for profits."
Similarly, this is also a controversy over the inclusion of Jiagu Group in the national price adjustment system: "The national grain reserves that are lingering in the system are still under pressure, how can we believe that Jiagu, which is completely market-oriented, can strike a balance between the implementation of policy actions and market-oriented operations?"
One of the points of contention is whether to introduce Jiagu as a new member of the price regulation system? Or to liberalize the business scope of the state grain reserves and let the state grain reserves assume greater responsibility? This is one of the points of contention.
Zhou Meng muttered: "Just looking at the results, in addition to the huge staple grain reserve system, in what aspects can the national grain reserves have an advantage? Even the ability to regulate and control the edible oil market is not comparable to Jiagu, as if it can replace Jiagu at any time?"
The director of the National Development and Reform Commission coughed lightly, but when he didn't hear Zhou Meng's words, he thought about it for a while and made a decision: "Whether Jiagu can take on a greater responsibility for collection and storage, let's do a survey first." Since we have talked about national grain reserves, we might as well compare the advantages and disadvantages of the two companies, and we can also feel the context for the reform of national grain reserves. ”
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As a result, Hu Qiyuan, deputy director of the National Development and Reform Commission, Zhou Meng, deputy director of the Price Department, and a group of 6 people formed a research team to investigate the collection and storage capacity of the national grain reserves and Jia.
Compared with the basic self-sufficiency of staple grains and small grains such as mung beans, soybeans are the grain and oil crops with the highest degree of dependence on foreign countries, and maintaining the necessary strategic reserves is crucial to maintaining the continuous stability of national grain and oil prices.
It just so happens that both of them have soybean storage business, which is the best entry point for research.
The first thing to investigate is the state grain reserves for the purchase and storage of domestic soybeans.
In order to protect domestic soybeans, the state grain reserves have implemented central reserves and state temporary storage purchases of soybeans in the main producing areas of Northeast China three times, with a cumulative purchase target of 6 million tons.
However, in the research team's research, the national grain storage side complained bitterly: "The pressure of domestic soybean storage is great, first of all, the high cost of collection and storage, the purchase of soybeans, facing thousands of farmers, loading and unloading fees, short freight, packaging costs, storage fees, etc., are indispensable......"
Of course, there is a financial allocation in terms of funds, and the real pressure on the national grain reserves is actually not large, and their main pressure is on the other hand: "The quality of domestic soybeans is not up to standard, and many soybean farmers are reluctant to sell them because they are afraid of low purchase prices; on the other hand, there is no processing enterprise to take over the domestic soybeans that we rotate, and the two ends are not ...... people."
But on the other hand, the soybean farmers are also helpless, "The national reserve has a high purchase threshold, especially the requirements for moisture, and the new beans cannot meet the requirements without drying." We have a large sieve at the purchase point here, and a cart of soybeans can sieve more than 1 ton. ”
"Now that the production cost has increased, coupled with the circulation cost and drying cost, if the purchase price of the state reserve is only a small profit, of course we do not agree with this price......"
Leaving the national grain reserves, the research team looked at each other.
Since the "soybean crisis" in 04, the issue of "saving domestic soybeans" has been put on the agenda of the National Development and Reform Commission - the policy of giving money, goods and goods, if you look at it in the moment, it seems that the effect is not great.
But is that really the case?
......