Temporary reserve wheat auction clearance rate at 27.8%

Temporary reserve wheat auction clearance rate at 27.8% With approval from the relevant state departments, the national temporary reserve wheat competitive sales trading session held on March 3 planned to sell 1.0242 million tons of wheat, with an actual transaction volume of 284,700 tons and a clearance rate of 27.8%. Among this, the Henan market auctioned 201,900 tons of market-support wheat, with 2,300 tons sold, a clearance rate of 1.15%, and an average price of 2,419 yuan/ton; the Anhui market offered a total of 822,300 tons, with 282,400 tons sold, a clearance rate of 34.35%, an average price of 2,458 yuan/ton for white wheat, and an average price of 2,450 yuan/ton for mixed wheat.

Hunan: Food security must uphold 4 bottom lines It was learned from the Hunan Provincial Food Work Conference held on the 3rd that under the new situation, food security no longer merely emphasizes "having grain in hand," but has been comprehensively elevated to security across the entire industrial chain of production, circulation, and consumption, and must uphold the 4 bottom lines of total quantity security, quality security, farmers' income growth, and market stability.

The conference proposed that this year Hunan Province should strive to keep the grain sown area stable at more than 75 million mu, and total grain output stable at around 60 billion jin. All localities should increase the coverage rate of double-season rice and develop dryland grains such as corn and potatoes according to local conditions; focus on cultivating new types of grain-growing entities, and strive to add more than 10,000 large grain-growing households and family farms with contracted cultivated land of more than 30 mu this year; highlight reserves and regulation, and strive to generally establish a "reassuring grain and oil" supply network in both urban and rural areas before the end of 2018; strengthen source governance and improve the food quality and safety guarantee system; accelerate the establishment of a long-term mechanism with major grain-selling areas featuring "ordering based on sales, promoting sales through purchasing, linking production and sales, and win-win cooperation."