National Bureau of Grain and Material Reserves: The purchase of summer grains has a steady start, and all regions are more optimistic about the purchase price.
National Bureau of Grain and Material Reserves: The purchase of summer grains started smoothly. Local governments are more optimistic about the purchase price.
CCTV News: The State Bureau of Grain and Materials Reserves stated on the 10th that the purchase of summer grains started smoothly. As of June 5, the main producing areas had purchased 2.15 million tons of wheat and 119,000 tons of rapeseed. Since the beginning of this year, wheat prices have generally shown a moderate increase, and all regions are more optimistic about the purchase price.
In late May, the newly-produced wheat was purchased and opened. The price is 1.25 yuan/kg, 6.8% higher than the 1.17 yuan/kg in the same period last year, and also higher than this year’s minimum purchase price of 1.13 yuan/kg. According to monitoring, with the gradual increase in the number of listings, the purchase price of new wheat has fallen from the initial stage of the acquisition. The current average purchase price in the main producing areas is 1.23 yuan/kg, which is 0.02 yuan/kg lower than the initial stage of the scale.