B · Normal
[Summer grain purchase is coming to an end and the total purchase volume exceeds 100 million tons] On September 16th, the State Grain and Material Reserves Bureau announced today (16th) that the national summer grain purchase season is coming to an end, and the market is overall stable and orderly. Since the peak season purchase of summer grain was carried out, "market leadership and policy support" have been adhered to, and various regions have organized production and marketing cooperation and docking with agricultural enterprises according to local conditions. At present, the country has purchased more than 100 million tons of wheat and 12 million tons of early indica rice, and the progress is slightly faster than the previous year. This year, various regions have prepared 110 million tons of summer grain warehouses. The Agricultural Development Bank of China has issued special loans of 150 billion yuan in advance. Leading enterprises such as China Grain Reserves, COFCO, and Supply and Marketing of Grain and Oil have taken the lead in entering the market to ensure that "money waits for grain, warehouse waits for grain" to ensure smooth grain sales for farmers.
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