A Differentiated Strategy For Cotton Target Price Reform In Xinjiang

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The Xiaobian network introduced to Xinjiang cotton target price reform started, differentiated strategy.

In line with the cotton target price reform, this year, the agricultural development bank first put forward a differentiated strategy in Xinjiang and the mainland. It will make Xinjiang the focus of credit support, prepare 60 billion yuan of funds, and continue to supplement it according to the need for acquisitions, so as to ensure that the buyout companies are "continuous".

Snowflakes have been flown in Xinjiang in November.

As the largest commodity cotton producing area in the country, cotton purchase in Xinjiang has basically ended in recent years, but cotton purchasing has just been over half this year.

Reporter survey found that although the degree of harvesting mechanization is improving, but this season cotton due to natural disasters and reduced production and late ripening, coupled with the decline in international cotton prices, cotton farmers wait and see, and the acquisition is relatively cautious.

"We are waiting for rice, but

It's a little slow. "

Hu Xiaolun, chairman of Yikang group, Shah County, Xinjiang, said: "this year, the Agricultural Development Bank of China awarded us $1 billion to help us buy cotton, but at present, there are not many cotton farmers to deliver. Everyone is watching."

123 at present, the price of more than 6 yuan per kilogram of seed cotton in Xinjiang is converted to lint at around 14000 yuan per ton, and there is a considerable distance from the target price reform of 19800 yuan per ton cotton. Cotton farmers hope that the recent price will rise, but in fact, the price drop caused by the international high yield of cotton has been pmitted, and the price increase is very difficult.

It is understood that this year is the first year of cotton target price reform. In the past, the mode of government's "acquisition of the market" has changed completely, and the price will be determined by the market, and the difference will be subsidized by the government.

This year, the state no longer set the minimum purchase price, but combined the planting area and the target price of 19800 yuan per ton. According to the average market paction price from September to November, an acquisition price was set, assuming that the price difference of 14000 yuan per ton, which is lower than the target price, will be directly supplied to cotton farmers by the government.

As the most important supplier of cotton purchase funds, the Agricultural Development Bank has played a particularly prominent role this year.

"A lot of commercial banks were willing to lend money last year, but this year, all of them are supported by the Agricultural Development Bank, and 200 million yuan has already been put in place before the start of the acquisition, which ensures the normal development of the preliminary work."

Li Cheng, general manager of cotton and linseed company, the first division of the Xinjiang production and Construction Corps, said that since the subsidy funds had to be paid only after the end of the acquisition, the funds in this year's acquisition link could be more critical.

In order to coordinate the cotton target price reform and take account of Xinjiang as the main cotton producing area, this year, the agricultural development bank first put forward the strategy of differentiation in Xinjiang and the mainland, and took Xinjiang as the focus of credit support, fully guaranteed the supply of Xinjiang's cotton purchase funds, and promoted the smooth implementation of the target price reform.

At the same time, considering that there is a familiar process for the relevant market participants to the new policy environment, in order to fulfill the duties of policy banks and guarantee the supply of purchasing funds, the Agricultural Development Bank has laid the bottom line of the acquisition, that is, it can not appear in the loan issuing enterprises of the agricultural development bank.

"In the new situation, the demand for funds for cotton acquisition is still very large. In order to ensure the smooth progress of the acquisition, the Agricultural Development Bank has prepared 60 billion yuan of funds, and will continue to supplement it according to the need for acquisitions, so as to ensure that the buyout businesses supported by the Agricultural Development Bank are" constantly on file ".

Agricultural development related responsible person said.

In order to improve the efficiency of the supply of cotton purchase funds, and take into account the prevention and control of credit risks, the Agricultural Development Bank has chosen a number of high-quality enterprises as an important carrier to support the acquisition, and scientifically layout the acquisition of fund supply outlets.

Take Xinjiang as an example, this year, Xinjiang branch of the Agricultural Development Bank actively contacted with the departments such as the NDRC and so on, and obtained the authorization qualification of the cotton target price subsidy in the autonomous region as the precondition. The 238 enterprises with loan qualification, 560 flower ginning plants, and the processing capacity of 4 million 500 thousand tons were basically recognized, which basically met the needs of Xinjiang cotton processing, and did not leave blank spots in the layout of the cotton acquisition network.

"Exclude weather and other factors.

In the case of acquisition, cotton acquisition, processing, booking and warehousing, public inspection and other aspects are progressing smoothly. The whole pilot work is good, and the operation is normal and orderly, and preliminary results have been achieved.

According to Ding Xingui, vice president of Xinjiang branch of the Agricultural Development Bank, as of October 24th this year, the Xinjiang branch of the Agricultural Development Bank issued a total of 222 yuan of cotton purchase loans to 19 billion 532 million enterprises in 2014, supporting the acquisition of 1 million 170 thousand tons of lint.