The Ministry of Agriculture and Rural Affairs, in a reply to NPC proposal No.5111, said it has worked with other agencies to bolster policy support, stabilize grain prices and protect growers’ incomes, guiding localities and enterprises on timing of

2026-07-22

The Ministry of Agriculture and Rural Affairs, in a reply to NPC proposal No.5111, said it has worked with other agencies to bolster policy support, stabilize grain prices and protect growers’ incomes, guiding localities and enterprises on timing of government reserve rotations and strengthening throughput coordination to keep prices at reasonable levels. For 2026, minimum purchase prices for early indica, mid‑late indica and japonica rice remain unchanged at 1.28, 1.29 and 1.31 yuan per jin (500g) respectively, with a capped total procurement of 50.0 mln tons. Wheat’s minimum purchase price is held unchanged for a second year at 1.19 yuan per jin for 2026, with procurement capped at 37.0 mln tons. The ministry said it will continue to maintain and refine the minimum purchase price policy to safeguard farmers’ basic grain income and underpin national food security.