Our country has purchased over 100 million tons of autumn grains, and the progress of the purchase is generally smooth.

The latest release from the National Grain and Material Reserve Bureau shows that as of now, various grain operators nationwide have purchased over 1 billion tons of autumn grains, and the overall progress of the purchases has been smooth. This year's autumn grain market shows three major characteristics: fast progress in purchases, active market transactions, and high quality and price. There is a strong demand for deep processing, and multiple operators are actively participating in the market. Currently, the supply of rice in China is sufficient with obvious characteristics of high quality and price; there is a relatively strong demand for high-protein soybeans, with prices significantly higher than ordinary varieties; the corn harvest progress in the Northeast region is ahead of last year, with overall good quality. Currently, the orderly purchase of medium and late rice is being carried out. Relevant departments have promptly initiated the implementation plan for the minimum purchase price of medium and late rice in the three major producing provinces of Henan, Hunan, and Heilongjiang, with each province preparing storage capacities of over 10 million tons according to the minimum purchase price. While the China Grain Reserves Corporation is timely opening warehouses for purchases, they are also deploying multiple mobile testing vehicles and rapid monitoring equipment to facilitate farmers in selling their grains nearby and quickly. Autumn grains account for three-quarters of the total grain production in a year, with a large variety and quantity, and the purchase of autumn grains is expected to continue until April next year. Currently, the National Grain and Material Reserve Bureau has launched various services for farmers, guiding local authorities to strengthen grain market monitoring and early warning, strictly enforcing grain purchase regulations, and effectively safeguarding the interests of grain farmers.