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345 million tons, the market is active and the price rebounds and improves! my country's autumn grain purchase delivers a "gravity answer"
2025-05-17 source:CCTV.com

CCTV News: The National Bureau of Food and Material Reserves recently announced that the purchase of autumn grain peak season in 2024 has been completed, and the cumulative purchase of autumn grain has reached 345 million tons, which is the highest level in recent years. The new season of summer grain is also about to be launched. At present, the preparations for the purchase of summer grain are being carried out in an orderly manner in various places.

my country's autumn grain purchase mainly includes medium and late rice, corn and soybeans. The peak season purchase period starts from September of that year and ends at the end of April of the following year. Autumn grain purchase accounts for about three-quarters of the annual grain purchase volume, with many varieties, wide range and large quantities, which are the top priority of grain purchase work throughout the year.

After the Autumn Grain was launched in 2024, relevant state departments have successively issued a number of policies and measures to ensure that the autumn grain pellets are returned to the warehouse. In Henan, Jiangsu, Heilongjiang and Anhui, the implementation plan for the minimum purchase price of medium and late rice was promptly launched. China National Grain Reserve Corporation launched a total of 245 purchase warehouses in four major middle and late rice-producing provinces, effectively ensuring farmers' smooth sales of grain. At the same time, leading enterprises such as China Grain and Oil supply and marketing, China Grain and Oil supply, have increased their storage scale, carried out comprehensive acquisitions in the main corn-producing areas, and actively played a role in stabilizing the market and stabilizing expectations. Overall, the autumn grain purchase market is active and prices are rebounding and improving. By variety, medium and late indica rice purchased 60 million tons, 45 million tons of japonica rice, 227 million tons of corn, and 13 million tons of soybeans. According to Luo Shouquan, Director of the Grain Reserve Department of the National Grain and Material Reserve Bureau, relevant national departments have timely studied and introduced a series of policy measures to increase the efforts to collect and store reserves, boost market confidence, and promote the stabilization and recovery of grain prices. The purchase of autumn grains is faster than last year.

The "big head" for summer grain purchase in my country is the food variety wheat, and there is also a certain number of summer oil crops. At present, the overall situation of grain and oil production in summer is good, and there is still about half a month before large-scale harvesting. Luo Shouquan said that in the future, my country's wheat and rapeseed will be harvested from south to north and will be launched one after another, and the procurement of summer grain is underway in an orderly manner. The State Food and Material Reserve Bureau guides key provinces to speed up the progress of warehouse evacuation and warehouse integration, do everything possible to expand the storage capacity, consolidate the recovery and positive trend of grain prices, and firmly defend the bottom line of farmers' "growing grain can be sold".

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