“Imports of feed grain are likely to remain high for the foreseeable future as China begins to prioritize domestic production of meat and dairy,” Darin Friedrichs, the co-founder of the China-based agriculture information service provider, told Bloomberg.As China imports record levels of grain every year, an oft-repeated vow by President Xi Jinping is given greater impetus: "The Chinese people's rice bowl must be firmly held in their own hands."īut China's amassing of grain stockpiles has sparked allegations by some Western critics who say such a mentality has contributed to rising food prices globally amid the prolonged pandemic and now war between two of the world's biggest grain suppliers - Russia and Ukraine. It’s cheaper to buy pork than vegetables.īeijing’s target to achieve self-sufficiency in the production of meat and quality meat products is also another factor behind the stockpiling of food grains.Īccording to an announcement made by the agriculture ministry as part of its food security goals, China aims to soon produce 85 percent of its beef and mutton demand, 95 percent of pork, and 70 percent of dairy. The prices of spinach, broccoli, and cucumbers have gone up two-fold since early October. The communist regime’s strategy has led to skyrocketing global food prices.Ĭhinese are now struggling with the surging prices of vegetables. To resolve this issue and at least temporarily avoid a food crisis, the country has no other option but to import large volumes of food grains and hoard them. The production of wheat and other grains as well as the volume of land being utilized for agriculture has dipped sharply since 2015.Ĭurrently, China cannot meet its citizens’ demand for high-quality food products by producing them domestically alone. The increasing toxicity of the soil, low returns, and declining crop yields are factors that have contributed to making agriculture nonviable for many people.Ĭonsequently, the population from the rural areas of China started migrating to urban areas in search of a higher quality of life. More and more Chinese are giving up on farming as a profession. Over the past five years, China’s imports of soybean, wheat, and maize spiraled up 12 times a five-fold spike was observed in the imports of beef, pork, dairy, and fruit. There is no problem whatsoever about the supply of food,” he said. “Our wheat stockpiles can meet demand for one and a half years. He has strongly denied that China is facing a domestic shortage of wheat. Qin Yuyun is in charge of grain reserves at the National Food and Strategic Reserves Administration. China’s purchasing volume of summer harvests of wheat, which is the most widely used grain in Chinese households, has also declined.Īccording to China’s National Food and Strategic Reserves Administration, the country’s state grain reserve system bought 41 million tons of fresh wheat from June 1 to July 31, a decline of 17.2 percent from last year. The country continues to depend largely on grain imports and is still recovering from disruptions in agricultural processes due to natural disasters. This has raised questions about the safety of China’s food supply.
The prices of wheat and corn have been rising sharply in China. Department of Agriculture, China is projected to have 60 percent of the world’s rice reserves, 69 percent of maize, and 51 percent of wheat by the first half of the 2022 crop year. This has led to fluctuations in food prices around the world, pushing countries into famine.Īs per data from the U.S.
China is reportedly holding a stockpile of maize and other grains that account for more than half of the world’s yield.
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