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China's Autumn Grain Purchase Preparations Complete
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On September 23, a spokesperson from China's National Food and Strategic Reserves Administration announced at a State Council Information Office press conference that preparations for the autumn grain procurement season are complete. The autumn grain peak procurement period typically runs from late September to the end of April the following year. The administration stated it will focus on two key objectives: ensuring farmers can sell their grain (the 'bottom line' of selling grain produced) and maintaining grain prices at a reasonable level. The announcement signals the government's commitment to market stability and farmer income protection ahead of the harvest season.
Source report
September 23 — Preparations for this year's autumn grain purchase have been finalized, according to a senior official from the National Food and Strategic Reserves Administration at a press conference held by the State Council Information Office.
The peak season for autumn grain purchases in China typically runs from late September through the end of April the following year. The official stated that the current preparations are now in place.
The autumn grain purchase efforts will focus on two key objectives:
- Safeguarding the bottom line that farmers can sell their grain
- Maintaining grain prices at a reasonable level
Source
domesticEastern
Part of this Story
China completes autumn grain procurement preparations, vows to prevent farmer selling difficulties