Core Viewpoint - The National Food and Strategic Reserves Administration reports that wheat procurement in China has exceeded 50 million tons, with a strong market activity and a projected procurement volume of around 100 million tons for the new summer grain season, maintaining a high level compared to previous years [1] Group 1: Wheat Procurement Data - As of now, over 50 million tons of wheat have been procured nationwide, with Henan, Anhui, and Hebei provinces accounting for approximately 1.8 million tons of minimum purchase price wheat [1] - The new wheat season has seen active purchasing and selling, with processing enterprises actively collecting grain and trade enterprises participating vigorously, leading to a faster procurement pace than the same period last year [1] - The expected procurement volume for the new summer grain season is around 100 million tons, including over 85 million tons of wheat, which is consistent with recent high levels [1] Group 2: Reserve and Pricing Policies - The China Grain Reserves Corporation and local reserve enterprises have initiated the rotation procurement of reserve wheat, with over 200 procurement points established in major wheat-producing areas [1] - The Anhui Grain and Material Reserves Bureau emphasizes the importance of government reserve procurement, coordinating with central and local governments to purchase reserve wheat at prices slightly above market rates, specifically 2 to 3 cents higher [1] - The minimum purchase price policy for wheat continues in major production areas, with the minimum price for grade three and above wheat set between 1.19 to 1.23 yuan per jin [1]
政策性收购与市场化收购协同 夏粮收购展现新气象
news flash·2025-07-06 05:39