September 19, 2008
Grain supply anchored by harvest this year in China
China's grain reserves will be guaranteed with the expecting autumn grain harvest, officials from China's State Administration of Grains said.
Ren Xiaozheng, deputy director of the administration, said that grain harvests for five years running replenished domestic grain reserves. As a result, both the market and prices stay stable in general.
Thus far, corn, soy and wheat futures have edged into the top on commodity futures market.