The annual prices of 1 and 20021continued to rise, especially the prices of chemical fertilizers and pesticides, which led to the increase of rice planting cost and the decrease of farmers' rice planting income year-on-year. It is necessary to raise the minimum purchase price of rice to ensure the reasonable income of farmers.
2. The minimum purchase price of wheat has been raised in 2022, and it is reasonable to raise the minimum purchase price of rice.
3. After the minimum purchase price of rice was slightly raised in 20021year, the Government Work Report still proposed to moderately raise the minimum purchase price of rice and wheat to ensure the food security of1400 million people.
Therefore, there is a high probability that the minimum purchase price of rice will be raised in 2022. At the same time, the total output of rice in China has exceeded the demand for many years, so it is not appropriate to raise the minimum purchase price significantly. Moreover, the minimum purchase price of wheat will be raised by 2 yuan/100 kg in 2022, so it is more likely that the adjustment range of the minimum purchase price of rice is expected to be 2-5 kg. As the minimum purchase price of japonica rice has been slightly raised for two consecutive years, the minimum purchase price of japonica rice and indica rice has been approaching, and it is expected that the minimum purchase price of japonica rice will also be slightly raised in 2022.
Response time: 2022-0 1- 17. Please refer to the latest business changes announced by Ping An Bank in official website.