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This year's wheat purchases hit a record high for the same period in history
This year's minimum purchase price policy for wheat ends at the end of September. The latest statistics from the National Food Administration show that as of now, various grain enterprises in 11 major wheat-producing areas including Henan and Shandong have purchased a total of 73.63 million tons of newly produced wheat, an increase of 19.73 million tons year-on-year, setting the highest level for the same period in history.
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Purchase volume in major mid-to-late indica rice producing areas reaches 7.84 million tons
According to statistics, as of October 25, various grain enterprises in 13 major mid-to-late indica rice producing areas including Hubei and Anhui had purchased a cumulative total of 7.84 million tons of newly harvested mid-to-late indica rice, a decrease of 2.45 million tons compared with the same period last year.
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In 2014, grain purchases by grain enterprises exceeded 700 billion jin for the first time
Ren Zhengxiao, director of the National Food Administration, revealed on the 8th that in the whole of 2014, grain purchases by all types of grain enterprises exceeded 700 billion jin for the first time, with the total reaching 729.8 billion jin, an increase of 40.9 billion jin year on year. Ren Zhengxiao made the above remarks at the national grain circulation work conference held there.
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Autumn grain purchase basically completed, with a national cumulative total of 200.64 million tons purchased
According to the latest statistics released by the State Administration of Grain, the nationwide autumn grain purchase is now basically completed. As of April 30, grain enterprises of all types across the country had purchased a cumulative total of 200.64 million tons of autumn grain. It is understood that in 14 major mid-to-late indica rice producing areas including Hubei and Anhui, grain enterprises of all types
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Early indica rice government-support purchases may decline this year
Due to consecutive bumper harvests, combined with the impact of imported rice, the domestic early indica rice market has been weak in recent years; and because the market itself has a relatively small capacity, trends are even weaker during the period in the first half of the year when reserve grain is rotated out in a concentrated manner. This year's new early rice opening price was lower than the minimum
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Farmers May See a Wave of Concentrated Grain Sales, Purchase Volume Expected to Grow
As this year's wheat harvest is already assured and supply is abundant, although some major producing provinces have introduced relevant subsidy policies to promote wheat purchases, such as Henan Province recently allocating 15 million yuan in fixed subsidies to cities and counties with excessive imperfect grains, the grain sources in farmers' hands and circulating in the market remain
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2015 summer grain minimum-price purchase volume down 25% year on year
A reporter learned on September 2 from Sinograin (China Grain Reserves Corporation) that, in accordance with the provisions of the national minimum purchase price implementation plan, Sinograin launched the wheat minimum-price purchase at the end of May in Jiangsu, Hubei, Anhui, Henan and Shandong, and launched the early indica rice minimum-price purchase at the end of July in Anhui, Jiangxi, Hunan and Hubei.
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China's summer grain state reserve purchase volume fell 23% year-on-year this year
Since Sinograin launched the wheat state reserve purchase in Jiangsu, Hubei, Anhui, Henan and Shandong at the end of May, and launched the early indica rice state reserve purchase in Anhui, Jiangxi, Hunan and Hubei at the end of July, the purchase work has been steady and orderly, and has now entered its final stage. As of September 10, Sino
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Payments for Grain Purchases via UnionPay Card See Considerable Transaction Volume in Agricultural Product Procurement
Now we only need to swipe a card to collect and pay for grain. Enterprises have reduced the costs of cash withdrawal and transportation, and farmers have also enjoyed convenience and benefits. Gu Bingsong, chairman of Fangzheng Qiuran Rice Industry Company, told reporters. What he called card swiping refers to the UnionPay card
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