2013 Minimum Purchase Price Implementation Plan for Early Indica Rice Officially Issued

To the development and reform commissions, finance departments, agriculture departments, grain bureaus, price bureaus, and branches of the Agricultural Development Bank of all provinces, autonomous regions, and municipalities directly under the Central Government, and the relevant branches of Sinograin:

In order to implement the minimum purchase price policy for grain and do a good job in this year's early indica rice purchase work, the "2013 Minimum Purchase Price Implementation Plan for Early Indica Rice" is hereby issued to you. Please promptly carry out the relevant work.

This year, rice is expected to see another bumper harvest. The current market price has fallen somewhat compared with last year, and the purchase and sale situation is relatively complex. All relevant localities and departments must attach great importance to rice purchase and sale work, closely monitor market price changes, guide local reserve enterprises to increase purchases, grasp the timing, pace, and price of rotation, guide various market entities to actively enter the market, stabilize market prices, and effectively protect the interests of grain farmers. In view of the relatively high possibility that the minimum purchase price plan for early indica rice will be activated this year, all kinds of preparations must be made in advance, policy publicity must be strengthened, and contradictions and problems arising during the purchase process must be coordinated and resolved in a timely manner to ensure the smooth progress of early indica rice purchase work.

Hereby notified.