Friday, August 30, 2013

Serious oversupply has been commonly found in China's hybrid rice seed market in 2013

The stable or even shrank planting of hybrid rice also contributes to the serious oversupply. The rising planting costs (labor, seeds, pesticides, fertilizer, land rents, etc.) and unattractive purchase price of rice have affected rice growers' planting enthusiasm. As a result, rice growers in some southern regions like Hunan, Guangdong and Guangxi, are prone to cancel the cultivation of early season rice that offers low yield and benefits, simply replacing double-cropping rice (early season rice and late season rice) with single-cropping mid-season rice. The former paddy fields are even planted with fruit trees or other corps rather than rice in some grain planting areas of Guangxi and Guangdong, revealed by insiders engaged in rice seed business.
Hybrid rice generally maintains around 29.50 million ha. in recent years, occupying above 55% of China's total rice acreage (hybrid rice and open-pollinated rice) . Hybrid rice planting proportion is even higher in southern regions, where domestic rice planting is mainly concentrated.

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