News Archive
August 2026
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31  

China boosts grain buying with minimum price programs to support farmers and market

By Zhao Yimeng | chinadaily.com.cn

China’s summer grain purchases have entered their peak period, with grain companies and other market operators buying more than 90 million metric tons of wheat nationwide, the National Food and Strategic Reserves Administration said on Monday.

The latest data showed that wheat purchases are progressing smoothly overall, while early-season indica rice in southern China has begun entering the market in large volumes.

To protect farmers’ interests and support grain prices, authorities have activated minimum purchase price programs for early indica rice in Jiangxi and Hunan provinces and for wheat in Henan province since the beginning of August.

The programs are designed to provide a policy floor for grain prices and help stabilize market expectations, the administration said.

The administration will continue to combine market-based purchases with government-supported grain reserves while closely monitoring weather conditions, including rainfall.

It will guide local authorities to strengthen grain drying and storage capacity, as well as help farmers reduce post-harvest losses.

Authorities will also deepen cooperation between major grain-producing and consuming regions and strengthen links between grain farmers and enterprises to ensure farmers can sell their crops smoothly, it said.

https://www.chinadaily.com.cn/a/202608/24/WS6a8bd81945ce1d77cb5e1d6c.html QR Code

Published Date: August 24, 2026

More News

Unlock Full Access

Get unlimited news and in-depth reports with your subscription.

2026/27 Rice Crop Season Is About to Begin

The market is entering one of its most important periods of the year. Be among the first to access critical information that shapes buying, selling, exporting, and sourcing decisions.

A Rice News Today Premium Subscription gives you access to:

✔️ Daily global rice market news
✔️ Emerging rice varieties & new crop developments
✔️ Production & official crop statistics
✔️ Domestic rice, paddy and FOB rice prices
✔️ Export & import trends across major Destinations
✔️ Government policies and trade regulations
✔️ Weekly & Monthly market intelligence reports

Make better decisions with Rice News Today Premium.

👉 Subscribe Today !

Contact us: marketing@ricenewstoday.com


This will close in 0 seconds