The country has cumulatively purchased over 50 million tons of summer grain.


National Food and Strategic Reserves Administration 3 Data released today show that China’s peak procurement season for summer grain has entered its high-demand phase, with various grain operators across the country having cumulatively purchased over [amount not specified in original text] tons of summer grain. 5000 Ten thousand tons—the acquisition volume is at a relatively high level in recent years.

According to reports, procurement efforts are currently underway in an orderly manner across various regions, and the market remains stable. High-quality wheat is selling well, with prices significantly higher than those of ordinary wheat—a clear pattern of premium quality commanding premium prices.

This year, China continues to implement the minimum purchase price policy in major wheat-producing regions. Currently, Henan, Anhui, and Hebei provinces have successively activated their pre-plans for enforcing the minimum purchase price for wheat, with a cumulative total of wheat purchased at the minimum purchase price. 180 Around 10,000 tons, effectively meeting farmers’ needs for grain sales.

(Source: Xinhua News Agency)