Rice purchase price is not raised for the first time, production costs are expected to fall.

The purchase price of rice in China has not been adjusted up for the first time since 2008. According to analysis, under the current situation of overall downward prices of agricultural products, the comparative interests of grain will not deteriorate significantly, and the entire production costs of chemical fertilizers and land are expected to fall, which will protect the interests of farmers.

On February 4, the National Development and Reform Commission announced the lowest purchase price for rice in 2015, leaving the 2014 level unchanged. According to information released by the National Development and Reform Commission, the lowest purchase prices of early indica rice (third class, the same below), medium and late indica rice and japonica rice produced in 2015 are 135 yuan, 138 yuan and 155 yuan per 50 kg respectively.

The NDRC said that the acquisition price took into account various factors such as production cost, market supply and demand, comparative efficiency, international market price and industrial development.

According to the reporter's understanding, the minimum purchase price policy began in 2004, and the state stipulated the minimum purchase price for rice. When the market price is lower than the lowest price, grain enterprises designated by the state will purchase at the lowest price to stabilize the market price.

From 2004 to 2007, the lowest purchase prices of early indica rice, middle and late indica rice and japonica rice were 70 yuan, 72 yuan and 75 yuan per 50 kg respectively. The minimum purchase prices of the three kinds of rice have increased year by year since 2008 and nearly doubled by 2014.

At the same time, the price of rice in the international market has already gone through several ups and downs, and the phenomenon of domestic rice prices hanging upside down is serious, and even the phenomenon of "expensive rice and cheap rice" has appeared.

The word "stable" is at the forefront of this year's grain price reform. Li Guoxiang said that the failure to raise the price of rice does not mean that the interests of farmers are hurt.

He said: under the current situation of overall downward prices of agricultural products, the comparative interests of grain will not deteriorate significantly, and the entire production costs of chemical fertilizers, land, and so on are expected to fall, which will protect the interests of farmers.