Core Points - The National Grain and Material Reserve Bureau has announced the implementation of the minimum purchase price policy for mid-late rice in Hunan Province starting from October 21, 2025 [1] Group 1 - The decision is based on the relevant policy regulations regarding the minimum purchase price for wheat and rice [1] - The implementation will take place in eligible areas within Hunan Province [1]

Core Points - The National Food and Strategic Reserves Administration has decided to implement the minimum purchase price policy for mid-late rice starting from October 17 in eligible areas of Henan Province to protect the interests of grain farmers and ensure national food security [1] Group 1 - The implementation of the minimum purchase price policy is aimed at safeguarding the interests of grain farmers [1] - The decision is part of the broader strategy to ensure national food security [1] - The policy will specifically target mid-late rice in Henan Province [1]

Group 1 - The minimum purchase price policy for wheat has been reactivated after five years, with the first implementation in Henan Province starting on June 7, 2023, followed by Anhui Province on June 21, 2023 [2] - As of June 30, 2023, Henan Province has initiated the minimum purchase price in 17 cities with 166 collection points, while Anhui Province has started 53 collection points [2] - The policy aims to protect farmers' interests, stabilize planting areas, and ensure food security by providing a safety net for grain prices [1][2] Group 2 - The new wheat harvest faced initial price increases due to drought and heat, but as harvesting progressed, many areas reported increased yields, leading to a decline in prices [2] - The implementation of the minimum purchase price policy has been effective in ensuring farmers can sell their grain, thus securing their income and contributing to national food security [3] - Upgraded smart grain storage systems have improved efficiency in grain collection and processing, facilitating a smoother operation for the minimum purchase price policy [3]