China increases grain purchase prices | 2021-03-08 | World Grain
BEIJING, CHINA — In a move to circumvent rising grain prices, China plans to increase its minimum purchase price for wheat and rice and expand corn planting area this year, Reuters reported. It is part of the state economic planning agency strategy after food security concerns were raised due to the COVID-19 pandemic. “Ensuring that our people have enough food remains a top priority for our government,” said Premier Li Keqiang in his 2021work report. “We are resolved to ensure food security for our 1.4 . . .
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