Sinoma completes the procurement work of the minimum purchase price for late rice in 2025.
According to the information from the China Grain Reserves Group, approved by the relevant departments, as the main executor of the policy of purchasing at the minimum purchase price, the China Grain Reserves Group has successively launched the implementation plan for the minimum purchase price of medium and late rice in eligible regions in Henan, Hunan, and Heilongjiang provinces in 2025. By the end of February this year, the purchase work at the minimum purchase price for medium and late rice in 2025 has been fully completed. The China Grain Reserves Group has initiated a total of 140 minimum purchase price storage points, effectively safeguarding the interests of grain farmers and helping to maintain the bottom line of "being able to sell grain for planting" for farmers.
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