Business · Energy & Commodities · 14 hrs ago
China's autumn grain purchases exceed 100 million tonnes
China has bought more than 100 million tonnes of autumn grain, with purchases moving at about the same pace as last year.
The buying involves crops harvested in autumn, including rice, corn and soybeans, and is taking place across the country.
More than 41 million tonnes of mid- and late-season rice have been purchased, while corn and soybeans are now reaching the market in large volumes.
The buying season began in late September and is expected to run until the end of April.
China is using minimum-price purchases to support farmers' incomes; six provinces have started the policy for mid- and late-season rice.
A state grain company has opened more than 140 purchase sites with capacity for over 3.3 million tonnes, and has bought nearly 1 million tonnes of rice under the policy.
China’s cumulative autumn grain purchases have exceeded 100 million tonnes.
The purchasing pace is broadly level with the same period last year, according to the National Food and Strategic Reserves Administration.
More than 41 million tonnes of mid- and late-season rice have been purchased, while corn and soybeans are coming onto the market in volume.
The autumn grain purchasing season began in late September and is expected to continue until the end of April next year.
The government is continuing minimum purchase price policies to help protect grain farmers’ earnings.
- Who
- China’s grain purchasing authorities and buyers. The National Food and Strategic Reserves Administration reported the figures.
- What
- Autumn grain purchases have exceeded 100 million tonnes.
- When
- The purchasing season began in late September 2026. The total was reported on November 9, 2026.
- Where
- China. Purchases are under way in several regions, including six provinces where minimum-price plans for mid- and late-season rice have been activated.
- Why
- The government says minimum purchase price policies are intended to protect grain farmers’ earnings.
This story does not have two clearly opposing sides.
China’s autumn grain purchasing season began.
Cumulative autumn grain purchases were reported to have exceeded 100 million tonnes.
The autumn grain purchasing season is expected to conclude.
- Total autumn grain purchases
- More than 100 million tonnes
- Mid- and late-season rice purchased
- More than 41 million tonnes
- Minimum-price plans
- Activated in six provinces, including Hunan and Hubei
- China Grain Reserves Group collection sites
- More than 140
- Storage capacity at those sites
- More than 3.3 million tonnes