China’s Grain Purchases Surpass 415 Million Tonnes
Throughout the year, the nation’s grain markets stayed largely stable, with prices gradually recovering. Over 90 percent of these purchases were driven by market forces, supported by enhanced financing, expanded storage capacity, and the involvement of both state-owned and private enterprises.
Grain procurement continues to serve as a crucial element of China’s macroeconomic regulation, alongside the policy of establishing a minimum grain purchase price — measures designed to safeguard national food security.
Roughly 22.5 million tonnes of wheat and rice were acquired under this minimum price scheme, helping to stabilize expectations in the marketplace.
China’s grain production reached a historic peak of 714.88 million tonnes in 2025, reflecting a 1.2 percent year-on-year increase, according to the National Bureau of Statistics.
Looking forward to the 15th Five-Year Plan (2026–2030), Liu Huanxin, head of the National Food and Strategic Reserves Administration, stated that China will intensify grain purchases and reserves, while ensuring that grain prices remain at sustainable levels.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
