China’s summer grain procurement has surpassed 50 million tonnes nationwide in its peak season. The National Food and Strategic Reserves Administration said that the procurement figure is relatively high. Procurement operations are progressing in smooth manner across all regions, and the market is also in stable operations.
Minimum Purchase Price Policy in Major Wheat-Producing Regions
China is still implementing the minimum purchase price policy in major wheat-producing regions including Henan, Anhui, and Hebei provinces. So far 1.8 million tonnes of wheat have been procured under the scheme. The Ministry of Agriculture and Rural Affairs has initiated a 100-day campaign to boost yields, mitigate disasters and secure autumn grain production, which is pivotal to China’s food security.
Deployment of Teams to Guide Field Management
The ministry will deploy teams to guide field management for robust seedlings, disaster prevention and pest control to achieve China’s grain production goal of approximately 700 million tonnes this year.