2024-12-26 17:31:58
source:
Science and Technology Daily
Number of clicks:
Science and Technology Daily reporter Ma Aiping
The reporter learned from the National Grain and Material Reserve Work Conference held from the 25th to the 26th that the amount of grain purchased this year is expected to reach about 840 billion kilograms.
“This year’s purchase of new season autumn grain is characterized by fast progress, active purchases and sales, and increased inventory.” The relevant person in charge of the National Grain and Material Reserves Bureau said that so far, the country has purchased more than 370 billion kilograms of new season autumn grain, which is 10% faster than the same period last year. %about. The purchase of mid-late rice in the south is nearing completion, and the purchase of corn in Northeast and North China has entered the peak of farmers’ grain sales before the Spring Festival.
Relevant monitoring shows that currently, various business entities are actively purchasing and selling, and the operating rate of corn deep processing enterprises in Northeast China remains at around 90%, and production is basically at full capacity. Enterprises’ willingness to build inventory has increased, and corn commodity inventories have increased steadily, with a year-on-year increase of more than 30%.
“The minimum purchase price policy for rice has played an effective role in supporting the market. Since the launch of mid-late rice, the relevant national departments have launched minimum purchase price implementation plans in the four provinces of Henan, Jiangsu, Heilongjiang and Anhui. A total of 228 collection and storage points have been deployed with a total storage capacity of 1,136 Ten thousand tons, more than 10 billion kilograms of rice at the lowest purchase price have been purchased, which has better met farmers’ grain sales needs and stabilized market expectations,” the person in charge said.
In addition, the reporter learned from the meeting that in order to cope with urgent needs such as low temperature rain, snow and ice, flood fighting, earthquake relief and other urgent needs, the National Grain and Material Reserves Bureau dispatched 59 batches and 924,000 pieces of central emergency disaster relief materials to 22 provinces throughout the year. “As of now, there are 68,000 grain emergency support enterprises nationwide, with a daily grain and oil emergency processing capacity of more than 1.7 million tons, and the food emergency support capacity has been steadily improved.” said the person in charge.
Editor in charge: Chen Kexuan
China Sees Surge in Grain purchases as Reserves Grow
Table of Contents
This year, China is expected to see a significant increase in their grain reserves. Experts believe this move is a strategic response to global food security concerns and economic fluctuations. we sat down with Dr.Zhang Wei, a leading agricultural economist at Peking University, to discuss the implications of this record-breaking purchase.
Bumper Harvest Fuels Increased Purchases
Senior Editor: Dr. Zhang, China’s grain purchase this year is projected to reach a staggering 840 billion kilograms. What factors are driving this significant increase?
Dr. Zhang: Several key factors are at play. primarily, this year saw a very successful harvest due to favorable weather conditions. this resulted in a surplus of grain, motivating the government to purchase more for strategic reserves.
Senior Editor: the article mentions that the purchases have been especially rapid this year. can you elaborate on that?
Dr. Zhang: Absolutely.The purchasing process for autumn grain started earlier than usual, and the pace has been incredibly brisk. This proactive approach demonstrates the government’s commitment to securing a robust food supply.
Government Policies and Market Stability
Senior Editor: What role have government policies played in encouraging these purchases?
Dr. Zhang: The “minimum purchase price” policy implemented for rice has been instrumental in stabilizing the market and protecting farmers’ income. This policy ensures a guaranteed price for rice, encouraging farmers to sell their harvest and contributing to the high purchase volume.
Senior Editor: the article also mentions an increase in corn inventories.How does this contribute to China’s overall food security?
Dr. Zhang: Corn is a staple grain in China, used for both human consumption and animal feed. Increasing corn reserves strengthens the nation’s resilience against potential price fluctuations and supply chain disruptions.
Implications for Global Food Security
Senior Editor: How might these high grain purchases impact the global food market?
Dr. Zhang: China is the world’s largest grain producer and consumer. Their significant purchases can influence global prices and trade flows. Though, China’s robust domestic production and strategic reserves also contribute to global food security by mitigating potential shortages.
Senior Editor: Dr. Zhang, thank you for providing such valuable insights into this crucial issue.
Dr. zhang: My pleasure. it’s crucial to remember the importance of food security both domestically and globally, and China’s proactive approach sets a positive exmaple.
