In 2015, the pricing mechanism of the nation's agro-products further improved, price of agro-products maintained at a reasonable level, and regulation and control ability of agro-product market continued to improve.

1. Continued to implement minimum purchase price policy for rice and wheat According to production cost plus reasonable profit, the minimum purchase price for wheat and rice in 2015 kept at the same level of that of 2014, i.e. the price for wheat, early indica rice, middle-late indica rice, and japonica rice was respectively 1.18 yuan, 1.35 yuan, 1.38 yuan and 1.55 yuan for 500 grams. Stabilizing the minimum purchase price of wheat and rice is conducive to protecting farmers' producing enthusiasm, safeguarding national grain ration security, meanwhile helps playing the role of market mechanism, taking account of both upstream and downstream industrial interests. During the peak season of wheat and rice in the market, main production areas overcame the issue of tight warehouse capacity, successively launched minimum purchase price policy, and effectively prevented difficult grain sales.

2. Improved temporary purchase policy for important agro-products including corn In order to ease the problems including low corn consumption, sharp increase in imported substitutes, pressure of warehouse capacity and increased fiscal burden, and to promote coordinated development of upstream and downstream of corn industrial chain, in 2015, the country lowered the temporary purchase price for corn in the three provinces and one autonomous region in northeast, from 1.11-1.13 yuan of 2014 to 1.0 yuan for 500 grams. After the release of national corn temporary purchase price ahead of time, market price continuously fell, and the rate of operation for in-depth processing enterprises in regions such as the north picked up. After the launch of the policy in northeast on Nov. 1, farmers' grain selling price fall stabilized, and grain-growing income received certain guarantee. The country improved the purchase policy for oil seeds, canceled central-level temporary purchase and storage policy, central finance appropriated subsidy fund for 7 provinces, i.e. Jiangsu, Anhui, Hubei, Hunan, Sichuan, Henan and Guizhou, used special projects to support main producing provinces to adopt methods including encouraging purchase from processing enterprises, giving subsidies to large planting households, popularizing high-yield good-quality oil plants and production and operation with brand building, and did a good job in oil seed production and purchase.

3. Improved subsidy methods of agro-product target price In 2015, the nation continued to launch target price reform pilot of cotton in Xinjiang, and of soybean in Northeast and Inner Mongolia, the target price level of cotton in Xinjiang was 19 100 yuan per ton, down by 700 yuan than that of 2014，and target price level of soybean in Northeast and Inner Mongolia was 4 800 yuan per ton, keeping the same level with that of 2014. Aiming at issues in 2014 soybean and cotton target price reform pilot including insufficient policy promotion, lagging subsidy implementation and high operation cost, the National Development and Reform Commission, Ministry of Finance, MoA and other departments conducted multiple field investigations and special-subject researches, guided pilot areas to further improve 2015 subsidy plan for soybean and cotton target prices, enhanced policy propaganda, simplified operation procedure, increased work efficiency, and ensured timely full-amount subsidy fund for farmers.

4. Enhanced monitoring, early warning and releasing of agricultural information In 2015, the MoA continued to enhance monitoring, early warning and releasing service of agricultural information. Firstly, it regularly launched monthly, seasonal and annul consultations on the supply-demand situation of 18 varieties, improved the quality of situation analysis, and timely compiled and issued Monthly Report of Agro-product Supply-demand Situation Analysis, which provided important references for leaders'  decisions. Secondly, it organized experts from MoA's Market Early-warning Expert Committee to follow hot market issues, actively respond to social opinions, and lead market expectation. Thirdly, it organized and held 2015 China Agricultural Outlook Conference, and released China agricultural outlook report for the next 10 years in name of MoA's Market Early-warning Expert Committee, further promoting authority and influence. Fourthly, it timely released economic information in each industry of agriculture, strove to realize openness and transparency of government information, and provided service for agricultural production and operation subjects with more convenience and with faster response.