China News Agency, Beijing, November 6th (Reporter Zhou Rui) Qin Yuyun, Director of the Grain Reserve Department of the State Administration of Grain and Material Reserves of China, revealed on the 6th that China’s autumn grain harvest is a foregone conclusion, and it is expected that the annual grain output will hit a new record high continuously. It has remained above 1.3 trillion catties for six years.

  He revealed that at present, the harvest of autumn grain has basically ended and the acquisition is in full swing.

As of October 31, the integrated enterprises in the main producing areas had purchased a total of 21.63 million tons of autumn grain, an increase of 950,000 tons over the same period last year.

Among them, 10.26 million tons of mid-late indica rice, 3.04 million tons of japonica rice, 8.07 million tons of corn and 260,000 tons of soybeans.

  Qin Yuyun said that compared with the initial stage of opening the scale, farmers' enthusiasm for selling grain has increased.

Selling grain at the current market price has good planting yields. More and more farmers are beginning to sell grain to cash in. Corn, rice, and soybeans have begun to increase in major production areas such as the Northeast.

  The market purchase price is also showing a steady trend.

Qin Yuyun said that since 2020, affected by the epidemic and disasters, the prices of major domestic food varieties in China have risen to varying degrees.

With the increase in food sources in the market, market prices have gradually stabilized recently, and some varieties have fallen.

  According to monitoring, the purchase price of mid-to-late rice is 1.27-1.4 yuan per catty (RMB, the same below); the price of corn is 1.05-1.25 yuan. Recently, some deep processing companies have begun to lower their prices. The arrival of corn in southern ports has increased, and the price has also corrected. Corn futures prices have fallen recently; the average price of domestic soybeans is around 2.3 yuan.

  From the perspective of purchase and sales, Qin Yuyun revealed that in 2020, the market-oriented acquisition of wheat and early indica rice in China will account for about 90%. It is expected that the acquisition of autumn grain will also be mainly market-oriented, and it is possible to launch the implementation plan for the minimum purchase price of mid-to-late rice on a large scale nationwide Little sex.

  Due to successive bumper harvests in grain production, China's food security situation continues to improve.

Qin Yuyun said that at present, China's grain inventory is at a historically high level, among which rations such as wheat and rice can meet the consumption demand for more than one year.

  In addition, the government's grain reserve system is sound and the inventory scale is sufficient. Only local reserves can meet the market supply of the production area for 3 months, the sales area for 6 months, and the production and sales balance area for more than 4.5 months.

In 36 large and medium-sized cities and areas subject to market volatility, the ability to guarantee the inventory of finished grains and oils is more than 20 days.

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