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Summer grain price makes farmers happy in Xinjiang
June 17,2022   By:chinadaily.com.cn
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June 17, 2022 -- A total of 528 tons of wheat had been traded at an average price of 2.47 yuan per kilogram (37 cents) in the Xinjiang Uygur autonomous region as of Sunday, after large-scale summer grain purchases kicked off last week.

The price is up from last year's average by about 0.1 yuan per kg, which makes farmers happy. Some are getting even more.

"I'm so happy that my high-quality wheat sold at 2.52 yuan per kilogram this year," said Upul Kurban, a farmer in Shaya county, Aksu prefecture, whose fields yielded 450 kilograms per mu (about 0.07 hectares).

This year, purchasers will stick to market-based procurement practices, and policies will support farmers' basic needs and protect their interests, according to the region's administration for food and strategic reserves.
 
The Xinjiang branch of Agricultural Development Bank of China is offering credit totaling 11.6 billion yuan for summer grain purchasing enterprises. Meanwhile, the storage capacity of grain warehouses across the region has reached 3.52 million metric tons, enough to meet this year's purchase demand.

Peak season for summer grain purchases in southern Xinjiang begins on Monday and will last a month. The efficiency of procedures will be further improved for the convenience of farmers who come to sell their grain, officials said.
 

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