The Agricultural Development Bank strives to ensure the supply of funds for the purchase of autumn grain.

Since the full launch of autumn grain acquisition this year, the Agricultural Development Bank of China has unswervingly implemented the national grain collection and storage policy, gave full play to the functions of agricultural policy banks, and made every effort to ensure the supply of funds for grain purchase. From October 1 to November 30, loans for the purchase of autumn grain varieties such as middle and late indica rice, japonica rice, corn and soybeans totaled 122.6 billion yuan, 45.6 billion yuan more than the same period last year, and supported enterprises to purchase 90.6 billion jin of grain and 32.6 billion jin more than the same period last year.

This year, the purchase of middle and late rice in China's major grain producing areas has been launched on a large scale, and corn storage has also been launched in four northeastern provinces on November 1. It is reported that of the 122.6 billion yuan in autumn grain purchase loans, 19.126 billion yuan was used to purchase middle and late indica rice, supporting enterprises to purchase 14.787 billion jin of middle and late indica rice, 2.553 billion yuan less than the same period last year, 3.685 billion jin less than the same period last year, and 46.046 billion yuan in loans for japonica rice. support enterprises to purchase 25.599 billion jin of japonica rice, 8.092 billion yuan more than the same period last year and 3.823 billion jin more Corn purchase loans totaled 56.638 billion yuan, supporting enterprises in purchasing 49.11 billion jin of corn, 39.846 billion yuan and 32.054 billion jin more than the same period last year, and 758 million yuan in soybean purchase loans to support enterprises in purchasing 1.156 billion jin of soybeans, 242 million yuan more than the same period last year and 417 million jin more.

In terms of the nature of the loans, with the large-scale start of market-supporting acquisitions, the policy acquisition loans issued by the Agricultural Development Bank this year showed a substantial increase trend, while the market acquisition loans decreased relatively. In the next step, the Agricultural Development Bank will continue to adhere to the strategy of serving the country's steady growth, actively adapt to market changes, strengthen credit risk prevention, and do a good job in the supply of funds for the purchase of autumn grain.