Business · Energy & Commodities · 10 hrs ago
Heilongjiang prepares storage and funding as autumn grain buying begins
Autumn grain buying is under way in Heilongjiang, a major grain-producing province in northeastern China.
More than half of this year’s harvest has been collected, and the purchases are proceeding in an orderly way.
The province has prepared storage for 127.1 billion jin of grain, while the Agricultural Development Bank of China has set aside 900 billion yuan in loans.
Transport and railway departments are also working to move the grain.
These preparations support the harvest’s storage and sale, helping farmers get grain from fields into storage and markets.
Heilongjiang says it ranks first nationally in grain production, marketable grain, grain shipments and reserves.
The province is also promoting whole-grain foods and less intensive processing to reduce food loss and preserve nutrition.
Heilongjiang has prepared storage capacity of 127.1 billion jin and 900 billion yuan in loans as autumn grain buying gets underway.
The province’s grain harvest is more than halfway complete, according to information announced at a World Food Day event.
Transport and railway departments are helping ensure grain can be moved.
Officials said the province is expanding grain storage services and low-temperature storage capacity.
The event also promoted whole-grain production and efforts to reduce food loss.
- Who
- Heilongjiang authorities and the Agricultural Development Bank of China are preparing for grain purchases. Transport and railway departments are supporting shipments.
- What
- Autumn grain buying is underway, with storage capacity and loan funding prepared.
- When
- The preparations were reported on October 16, 2026, at a World Food Day event.
- Where
- Heilongjiang province, China.
- Why
- To support autumn grain purchases and storage as the harvest progresses.
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- Prepared storage capacity
- 127.1 billion jin
- Loan funding prepared
- 900 billion yuan
- Harvest progress
- More than half complete
- Low-temperature and near-low-temperature storage capacity
- 50.5 billion jin
- Capacity covered by smart grain monitoring
- More than 370 billion jin