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China's Autumn Grain Procurement Reaches 100 Million Tons, NDRC Reports Stable Start

1 reports1 sources11/6/2026 updated

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The National Development and Reform Commission said cumulative national autumn grain procurement has reached 100 million tons, with progress basically matching last year and the season off to a stable start. The commission also set out four basic principles for grain procurement during the 15th Five-Year Plan period: safeguarding farmers' bottom line of being able to sell grain, activating the market, optimizing services, and enforcing strict supervision. It pledged to keep annual grain procurement above 400 million tons. Six provinces including Hunan and Hubei have launched minimum purchase price plans for mid- and late-season rice, procuring nearly 1 million tons so far.

Written with AI from the reporting · updated 11/6/2026

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  1. 1Unclassified fact stationNov 6, 00:00recorded Nov 6, 11:34single sourcerevised

    全国已累计收购秋粮1亿吨

    Read original source ↗ China News Service · FinanceReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    国家粮食和物资储备局/国家发展改革委
    Action:
    宣布全国秋粮累计收购量达1亿吨,进度与上年基本持平,并公布‘十五五’粮食收购政策方向
    Object:
    国家粮食收购与市场稳定工作
    Occurred (fact side):
    Nov 6, 00:00
    China News Service · Finance ↗Report pageRevision 2 · currently revised
    Published (valid side):
    Nov 6, 11:20
    First seen (known side):
    Nov 6, 11:34
    Fact stationSingle source · one-sided claimRevised

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Nov 6
  1. China News Service · FinanceRelated fact: single sourceSource report revised
    National Autumn Grain Purchases Reach 100 Million Tons

    Report first recorded Nov 6, 11:34

    China's National Development and Reform Commission announced that autumn grain purchases have started steadily, with the national cumulative volume reaching 100 million tons, roughly on par with the previous year. Officials also outlined the grain purchasing principles for the 15th Five-Year Plan period, aiming to maintain annual purchases above 400 million tons while safeguarding farmers' interests and market stability through market-oriented policies and strict regulations.

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