Three red lines of grain reserve are planned to enter overseas collection and storage for the first time.

Brewing overseas Collection and Storage: three Red Lines of Grain Reserve for the first time

Our reporter Zhang Xu reports from Beijing.

China Grain Storage is in transition.

In early September, the China National Grain Reserve Management Corporation issued an official statement that the grain security reserve system should establish three reserve guarantee lines, namely, total grain reserves, grain reserves and oils and oilseeds, to ensure national food security.

According to the official proposal of China Grain Reserve, by 2020, the stock-to-consumption ratio of national grain reserves will reach 20%, the reserves of wheat, rice and corn should account for about 85% of the reserve stocks, and the stock-to-consumption ratio of oil and oilseeds should reach about 25%.

This is the first time that China Grain Reserve has put forward this figure of national grain and oil reserve consumption ratio, while in the past, domestic food security was often evaluated by the social total grain and oil inventory consumption ratio. Ma Wenfeng, an agricultural analyst at Oriental Iger, told the 21st Century Economic report that the ratio of domestic grain and oil inventory to consumption is now about 40%, and the lowest year is also 30%.

On September 4, Shen Leihai, director of the Central Grain Reserve Policy Research Office, told the 21st Century Economic report: it is proposed that the stock-to-consumption ratio of national grain reserves only represents the opinions of enterprises.Now the country has a red line of cultivated land and water resources. how to determine the red line of national grain reserves, China Grain Storage put forward this proposal in the hope of stimulating social discussion.

In addition, at a time when domestic enterprises are going out to expand overseas grain sources, China Grain Storage has also decided to "establish collection and storage bases in suitable major grain exporting countries by means of leasing, joint ventures, sole proprietorship, and so on," to ensure domestic food security.

However, Shen Lei Hai said that at present, the "going out" plan is only the idea of grain storage, and the state has not yet issued a specific policy.

The first mention of the red line of grain reserves

The official of China Grain Storage said that the country has a red line of cultivated land and water resources, and there is no red line of grain reserves. The "red line of grain reserves" is the proper meaning of food security, and together with the above two constitute an important part of national food security.

According to the principle of "giving priority to the central reserve, arousing the enthusiasm of local reserves, giving priority to grain, giving consideration to oils and oils, giving priority to domestic grain and moderate import", China Grain Storage proposes to gradually establish three guarantee lines for the safety of grain and oil reserves and establish a red line for grain reserves.

China Grain Reserve suggestion: on the total grain reserve guarantee line, by 2020, the reserve inventory consumption ratio will reach 20%. In the reserve scale, taking into account the echelon, efficiency and division of responsibilities of grain and oil reserves, central reserves should be given priority to and local reserves should be supplemented.

In terms of the guarantee of grain reserves, China Grain Reserve proposes that the reserves of wheat, rice and corn should account for about 85% of the reserve stocks, mainly grain, and wheat and rice account for a large proportion of grain reserves. In terms of the guarantee of oil and oil reserves, due to the high degree of external dependence of the oil market and frequent market fluctuations, it will become the new normal to rely on international oil resources to balance domestic demand, and the stock-to-consumption ratio of oil and oil should reach 25%. Slightly higher than the grain inventory consumption ratio.

The so-called inventory-consumption ratio refers to the ratio of year-end grain stocks to annual grain consumption in a country or region. This is an indicator put forward by the Food and Agriculture Organization of the United Nations to measure the level of food security. according to this evaluation standard, the stock of grain is roughly equal to 17% of a country's annual consumption, which is relatively normal.