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The purchase of autumn grain has entered the peak season, and the prices of rice and corn have fallen, and the prices of rice in some areas have fallen below the minimum purchase price level
Prices of rice and corn have fallen
The purchase of autumn grain has entered the peak season, and the purchase volume has increased compared with last year
Autumn grains mainly include corn, mid-late rice and soybeans.
Subsequent corn will be launched in large numbers, and the market supply will continue to increase
It is worth noting that some areas in Anhui, Jiangxi, Henan, Hubei, and Hunan have initiated purchases due to the price of rice being lower than the minimum purchase price
"By the beginning of the listing in mid-to-late September this year, the average purchase price of mid-late indica rice remained at 1.
The grain market has a lot of high-quality, low-price and abundant supply
The follow-up grain market will still be dominated by market-based purchases
This year's grain market is booming both in buying and selling
Niu Lei, a rice distributor, told the China Business Daily that he currently stores 3,000 tons of rice, including more than 1,000 tons of new autumn grain, and imported 50 tons of new rice just before the reporter's interview
The price of rice this year has also fallen by about 2% over the same period
Food supply and market operation will be more secure this year
At present, the supply of food in the market is very sufficient
"China's grain and oil processing capacity is very strong.
It is worth noting that this year's supervision of the grain market has become stricter, and market entities have been more secure in buying and selling grain
"All local grain and reserve departments have widely publicized the national grain purchase policy through multiple channels, reminded farmers of the risks of'white tiao', guided farmers to sell grain according to the principle of'one-handed money, one-handed grain', and popularized the protection of legal rights and interests through legal channels.