Since 1 and 2007, the state has implemented the policy of temporary purchasing and storage of corn in three northeastern provinces and Inner Mongolia Autonomous Region. In a specific historical stage, this policy has played an important role in protecting farmers' interests and enthusiasm for growing grain, maintaining market stability and ensuring national food security.

2. However, in the new market environment, the national purchasing and storage behavior objectively also causes the grain price formation mechanism and market price signal distortion, which has caused a great impact on the processing industry. Especially in the past two years, with the deep decline of international food prices, a large number of foreign corn and its substitutes have been imported, coupled with the bumper harvest of domestic grain, the demand for corn consumption has declined and the inventory has been increasing.

3. Under the double squeeze, not only does the state bear a heavy financial subsidy burden, but in the long run, it is also not conducive to the national food security and the protection of farmers' interests.

Reference:/16/0412/16/bkfd8n0q0014ad _ mobile.html.

Netease Home > News Center > Rolling News > Text

The temporary purchasing and storage policy of corn is confirmed to be cancelled.