Government officials in China, the largest consumer and producer of rice in the world, citizens are not asking the grain after a recent ban on new treasure export sales in Vietnam has raised concerns about the global supply. The country has stocks of rice and wheat enough for a year of consumption, while imports of wheat only about 2% of domestic demand, Wei BaiGang, Ministry of Agriculture said at a conference on Saturday. “The market supply is abundant, and there is no need to treasure,” said Wei. China has increased the rice deliveries to continue to adjust state revenue last week to 3 million tonnes of wheat and 1.2 million tons of market prices to stabilize, while the government of selling corn from stocks for sales of nearly 3 million tons in February, said Qin Yuyun, an official with the national administration and Strategic Food Reserves. The country, also the top soybean importer in the world, closely follow the logistical situation in Brazil, Argentina and the United States, and coordinate to mitigate potential interference with these transmissions because the vendors crown pandemic, Wei said. Brazilian soy exports to China remain normal, with an increase in deliveries in March said Wei. The Asian country is also likely the US soybean imports to increase trade agreement in the first phase, he said. Soybeans are crushed for edible oil for cooking and feed. Photo copyright China Feature / Barcroft Media / Getty Images
China does not require its citizens to hoard rice under the mounting concerns about global food security
