Grain enterprises in China have purchased over 50 million tonnes of summer grain, according to the data released by the National Food and Strategic Reserves Administration (NFSRA) on Thursday.
China has continued to implement the minimum purchase price policy in major wheat-producing regions including Henan, Anhui, and Hebei provinces, effectively safeguarding farmers' interest in selling grain.
To ensure operational efficiency, China Grain Reserves Group (Sinograin) has activated 176 purchasing depots and 300 production lines in Henan alone. With more main producing areas applying the minimum purchase price policy, the country's wheat prices remain stable and the market is active.
To address logistical challenges including storage, transportation, and sales, China Co-op Cereals and Oils Co., Ltd. has intensified procurement efforts in Hubei, Jiangsu, Anhui, and some other regions. The company currently operates 12 specialized docks and logistics bases, with 13 warehouses open for grain collection.
The NFSRA has adopted targeted measures to guarantee farmers' access to smooth grain sales channels at reasonable prices, further stabilizing the national grain market.
Over 50 mln tonnes of summer grain purchased across China
