Seven Measures to Stabilize Grain and Oil Market Reserve Grains for Urban and Rural Residents “Eating for Six Months”

Yesterday, it was learned from the Beijing Grain Bureau that the city will adopt seven comprehensive control measures to ensure the smooth operation of the capital market in the capital. Including the abnormal fluctuation of grain and oil prices, it will be timely placed on the city's grain reserves for the Beijing area.

It is reported that the seven major regulatory measures include: taking various forms, continuing to strengthen the production and marketing cooperation between the city and the major grain-producing areas, and increasing grain source organization to ensure adequate and stable supply of grain resources. Under normal circumstances, it will focus on collecting market information and adopting various measures to guide grain-producing enterprises to ensure grain and oil market supply. In case of abnormal fluctuations in grain and oil prices, Beijing Municipality will be placed on the city's reserve grain in a timely manner to balance the supply and demand of grain and oil in the market. Optimize the layout of grain and oil warehouses, promote the application of new technologies for green grain storage, and ensure the safety and security of grain and oil storage. To cultivate modern food processing industry with “optimal structure, advanced technology, safe nutrition, and green environmental protection”. We will improve the construction of the backbone grain wholesale market and improve the ability to collect and distribute finished grain and oil products. We will improve the supervision and protection system for food administrative law enforcement, and increase the investigation and enforcement of violations of laws and regulations such as “acquisition of grain procurement qualifications by improper means”.

It is understood that on the eve of the Spring Festival and the two sessions this year, the Municipal Grain Bureau will use the city's reserve grain rotation mechanism to target the Beijing flour (rice) processing enterprises to target the city's reserve wheat and rice, increase the supply of raw materials for grain and oil markets in the key period, and stabilize the market. It is expected that the successful bidder must not resell the purchased food, sell it to the finished product, and sell it within the scope of the city, and may not sell it outside the city.

According to the spokesman of the Municipal Grain Bureau, as of now, the city's reserves of grain and oil reserves have reached 100% for four consecutive years; the municipal scale of grain reserves and edible oil reserves have reached the normal consumption of 6-month and 2-month urban and rural residents respectively. The finished grain and oil products and small packaged finished grain and oil products can meet the normal consumption of residents of the city for 10 days, and equipped with 10 grain emergency processing companies and 335 emergency delivery network points to ensure the effective supply of grain and oil under emergency conditions.

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