It is difficult to sell hundreds of billions of new grain at the top of the stock and urgently ask for resettlement.

At present, it is an important transfer period in the field of grain circulation at the end of the purchase of summer grain and the beginning of the purchase of autumn grain, but many places have recently encountered the problem of grain storage.

On October 8, the State Grain Administration issued a notice describing the current grain storage situation as two "unprecedented": "at present, China's grain stocks have reached a new high, and the amount of grain stored by all kinds of grain and oil storage enterprises is unprecedented. The amount of national policy grain stored in open-air and simple storage facilities is also unprecedented."

According to relevant media reports, the plight of "shooting, adjusting, and selling" grain has already appeared in some major grain producing areas. In Heilongjiang, it is estimated that there will be a shortfall of 120 billion jin in storage capacity this autumn.

When the storage capacity is tight, it is still difficult to auction the stored grain. According to the results of the Heilongjiang corn auction held by the State Reserve on October 9, the actual transaction rate was only 1.44%.

The shortage of warehousing in one province is up to 100 billion jin.

According to the latest statistics of the State Grain Administration, China's summer grain output reached a new high this year, reaching 282.1 billion jin, an increase of 8.9 billion jin over the same period last year. At present, the summer purchasing season is basically over, while the purchase of autumn grain has begun. As of September 30, Jiangsu and other six major producing areas have purchased a total of 2.9 billion jin of medium and late indica rice, an increase of 800 million jin over the same period last year.

However, where the new grain can be stored has always been the "top priority" in grain circulation.

According to the data, in 2014, the national grain output reached 607 million tons, while the amount of commercial grain was 398 million tons. By contrast, the huge gap in grain storage capacity appeared, especially in the northeast of the main producing areas. Heilongjiang grain department revealed that in the grain purchase year from 2014 to 2015, the province's grain purchase volume and policy grain purchase volume reached another record high, with a substantial increase in inventory, the province's inventory was full, and the situation of safe grain storage was grim.

According to media reports, there is no room for a warehouse capacity of 140000 tons in Qiqihar, a subsidiary of China Grain Storage Heilongjiang Branch. In order to load more grain, a number of steel structure "thousand-ton storage" and room-style warehouses for open-air grain storage have been built in the warehouse. 64 depots of China Grain Storage Heilongjiang Branch have long been "full of grain," and the storage capacity of many directly affiliated depots has even been saturated a few years ago. moreover, not only the direct depots of grain storage, but also the 427 local state-owned grain depots in Heilongjiang Province are also full.

Wang Guofu, director of the warehousing department of the Heilongjiang Grain Bureau, told the media: "according to the province's existing grain collection and storage capacity, after deducting inventory, only about 20 billion jin of collection and storage capacity can be used to purchase autumn grain. According to the analysis of the conservative purchase of more than 140 billion jin of new grain in the next grain harvest season, there will be a warehousing shortfall of 120 billion jin. "

According to the arrangement of the State Grain Administration, the current grain storage problems are mainly focused on: insufficient storage capacity in major grain producing areas, "grain storage with disease" in old warehouses in some areas, lack of safety grain storage equipment and backward technical measures in some enterprises. in particular, there are hidden dangers such as fire safety in a considerable number of open-air and simple storage facilities in Northeast China and Inner Mongolia Autonomous region, as well as the risk of condensation and mildew in autumn. In some areas of the south, the grain temperature of the grain stored in the shed outside the warehouse continues to be on the high side, and it is difficult to control pests and molds; in addition, some grains are stored beyond the time limit.

The inventory problem remains to be solved, and the pressure on the acquisition of autumn grain has hit. According to a person from the Heilongjiang Branch of China Grain Storage, it is expected that a large amount of grain in Heilongjiang Province will still enter the state storage this year, including 13 million tons of rice and 22 million to 27 million tons of corn.

Cheap food rations impact the domestic market

The new grain is facing the dilemma of insufficient storage capacity, but it is difficult to sell the grain stored in the warehouse.

According to the results of the Heilongjiang corn auction held by the State Reserve on October 9, the auction plans to sell 2.344 million tons of corn, with an actual turnover of 33700 tons, with a turnover rate of only 1.44%. Among them, all corn failed to be auctioned in 2011, and the turnover rate in 2012 was only 0.08%.

In addition to corn, the state reserve of rice also faces the same problem of dumping and storage. "Policy trading volume is low, a large number of rice accumulated in the national grain depot can not be sold, it will occupy inventory, and then affect the market price of rice." Wang Shutong, an analyst at Zhuochuang Information, told the Daily Business News that "the country has nearly 80 million tons of rice in stock, with an annual output of 200 million tons, accounting for 40 percent." Such a large inventory can not be sold, so that the purchase of grain in the grain depot after the new season is on the market is limited, so that a large amount of rice circulates on the market, while the purchase volume of enterprises is small. In the case of oversupply, the price of rice in the market is not high, and even can only be reduced. "

In fact, the excessively high grain inventory-consumption ratio has always been entrenched in the field of grain warehousing and circulation, which affects the whole industrial chain. According to the regulations of the United Nations [Weibo] Food and Agriculture Organization, the 17% ratio of grain stocks to consumption is called the food security factor, while according to Ren Zhengxiao, director of the State Food Administration, during the "two sessions" this year, China's grain inventory-to-consumption ratio is "much higher than this level".

What makes the domestic grain situation even more difficult is that while "the stock of grain is full, it is difficult to auction grain, and it is difficult for new grain to enter the warehouse," there is still a steady stream of cheap imported grain moored in China's major ports.

According to an article written by Ren Zhengxiao in Qiushi in September, the current international prices of soybeans, corn, wheat, and rice are 1175 yuan, 923,626 yuan and 1143 yuan per ton lower than domestic prices, respectively, and this has had a certain impact on the domestic market. Grain imports continue to increase, squeezing out the domestic market sales share.