202 1 raise the minimum purchase price of rice, and the state will continue to implement the minimum purchase price policy in the main rice producing areas. Comprehensive consideration of food production costs, market supply and demand, domestic and international market prices and industrial development and other factors. Although the minimum purchase price of indica rice has been slightly raised for two consecutive years, the possibility of further increase in 2022 is still great.

The prices of 1 and 202 1 continued to rise, especially the prices of fertilizers and pesticides, which led to an increase in rice planting costs and a year-on-year decline in farmers' rice planting income. It is necessary to raise the minimum purchase price of rice to ensure the reasonable income of farmers growing rice.

2. The minimum purchase price of wheat has been raised in 2022, and it is reasonable to raise the minimum purchase price of rice.

3. Following the slight increase in the minimum purchase price of rice in 20021,the government work report still proposes to moderately increase the minimum purchase price of rice and wheat to ensure the food security of 65,438.04 million people.

Therefore, there is a high probability that the minimum purchase price of rice will be raised in 2022. At the same time, China's total rice output has exceeded demand for many years in a row, so it is not appropriate to substantially increase the minimum purchase price. Moreover, the minimum purchase price of wheat will be raised by 2 yuan/100kg in 2022, so it is more likely that the minimum purchase price of rice will be adjusted by 2-5kg. With the minimum purchase price of japonica rice increasing slightly for two consecutive years, the minimum purchase price of japonica rice and indica rice is approaching, and it is expected that the minimum purchase price of japonica rice will also increase slightly in 2022.

Reply time: 2022-0 1- 17. Please refer to the latest business changes announced by Ping An Bank in official website.