The State Administration of Grain and Material Reserves released news today that the country's summer harvest season is nearing completion, and the overall market is stable and orderly. Since the launch of summer food acquisitions during the peak season, they have insisted on “market leadership and policy support”, and various regions have organized production and marketing collaborations to connect 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. The progress is slightly faster than last year. This year, various regions are preparing 110 million tons of summer grain silos, and agricultural issuers will initially invest 150 billion yuan in special credit. Leading companies such as COFCO, COFCO, and the supply and sale of grain and oil will take the lead in entering the market to achieve “money waiting for grain, warehouses waiting for grain” to ensure smooth grain sales for farmers. Relevant state departments promptly launched implementation plans for minimum purchase prices for wheat in Henan and Anhui, and implementation plans for minimum purchase prices for early indica rice were launched in Jiangxi and Hunan. Currently, 1.2 million tons of wheat and 900,000 tons of early indica rice have been purchased, which have played a good role in stabilizing the market and stabilizing expectations. Summer food is over, autumn food relay. The peak harvest season for autumn grains lasts from late September to the end of April of the following year, and is the highlight of grain collection and storage throughout the year. Currently, the main production areas are rushing to free up warehouses and raise funds to speed up the completion of shortcomings in post-delivery service facilities. It is estimated that the purchase volume during the peak grain season this fall will be around 350 million tons.

The State Administration of Grain and Material Reserves released news today that the country's summer harvest season is nearing completion, and the overall market is stable and orderly. Since the launch of summer food acquisitions during the peak season, they have insisted on “market leadership and policy support”, and various regions have organized production and marketing collaborations to connect 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. The progress is slightly faster than last year. This year, various regions are preparing 110 million tons of summer grain silos, and agricultural issuers will initially invest 150 billion yuan in special credit. Leading companies such as COFCO, COFCO, and the supply and sale of grain and oil will take the lead in entering the market to achieve “money waiting for grain, warehouses waiting for grain” to ensure smooth grain sales for farmers. Relevant state departments promptly launched implementation plans for minimum purchase prices for wheat in Henan and Anhui, and implementation plans for minimum purchase prices for early indica rice were launched in Jiangxi and Hunan. Currently, 1.2 million tons of wheat and 900,000 tons of early indica rice have been purchased, which have played a good role in stabilizing the market and stabilizing expectations. Summer food is over, autumn food relay. The peak harvest season for autumn grains lasts from late September to the end of April of the following year, and is the highlight of grain collection and storage throughout the year. Currently, the main production areas are rushing to free up warehouses and raise funds to speed up the completion of shortcomings in post-delivery service facilities. It is estimated that the purchase volume during the peak grain season this fall will be around 350 million tons.