Business · Energy & Commodities · 11 mins ago
China’s autumn grain purchases exceed 100 million tonnes
Grain companies in China have bought more than 100 million tonnes of autumn crops so far, according to the national grain authorities.
The purchases are taking place across major farming regions, from Heilongjiang in the northeast to central China.
New drying warehouses and better-coordinated transport are helping farmers store crops and deliver them to grain depots with less spoilage and delay.
Authorities expect peak-season purchases to reach about 350 million tonnes, and say storage space and special loans have been prepared.
China has also started minimum-price purchases of mid-to-late-season rice in eligible areas of six provinces to support farmers when market prices fall below the set level.
In parts of Henan, the state buying price is above current market prices, encouraging farmers to sell.
The buying programme aims to protect farmers’ income, while grain depots are preparing for the coming peak and possible bad weather.
Grain companies in China’s main producing regions have purchased more than 100 million tonnes of autumn grain this year, according to the National Food and Strategic Reserves Administration.
The purchases are at a relatively high level for this point in recent years, and the busy autumn harvest buying season is approaching.
The administration estimates that purchases during the peak season will total about 350 million tonnes.
Authorities and grain companies have prepared storage space, drying facilities and financing to support the purchases.
Minimum-price purchases of mid- and late-season rice have begun in eligible areas of six provinces to help protect farmers’ interests.
- Who
- Grain companies in China’s main producing regions have purchased the grain. The National Food and Strategic Reserves Administration reported the figure.
- What
- Autumn grain purchases have exceeded 100 million tonnes. The administration estimates peak-season purchases will be about 350 million tonnes.
- When
- The report was published on November 6, 2026. It describes purchases made this year.
- Where
- Across China’s main grain-producing regions.
- Why
- To buy and store the autumn harvest and support grain farmers. Minimum-price purchases are also intended to protect farmers’ interests.
This story does not have two clearly opposing sides.
The Agricultural Development Bank of China prepared 200 billion yuan in special credit for grain purchases.
China Grain Reserves Group began minimum-price purchases of mid- and late-season rice in eligible areas of six provinces.
Grain companies in China’s main producing regions had purchased more than 100 million tonnes of autumn grain.
- Purchases to date
- More than 100 million tonnes of autumn grain
- Estimated peak-season purchases
- About 350 million tonnes
- Special credit prepared
- 200 billion yuan
- Minimum-price rice purchases
- Eligible areas in six provinces
- Henan purchase locations
- Xinyang, Nanyang and Zhumadian
- Published
- November 6, 2026
2 sources
What people are saying
Now that the grain is stored up high, safety hazards have been resolved. Natural drying costs very little and also reduces the burden on our farmers.
The peak period for autumn grain purchases is about to arrive, and local authorities are actively preparing plans and measures to respond to rain and snow.
I planted more than 400 mu, and this is my third truckload. Now there is a minimum purchase price from the state, so selling to the state gets me more than two jiao per jin.
It is open and transparent, so we can see everything clearly, including the price and moisture content.