The minimum purchase price means that the state stipulates that the market purchase price shall not be lower than this price, including state acquisition and ordinary acquisition.

The market price is the price stipulated by the state, and COFCO purchases grain in order to drive the market price. When food prices are too high, there is no need to start market support. For example, 20 1 1, the price of wheat is high, because the price reaches the expected target, there is no need to start market support; The quality of new wheat this year is not as good as last year, and the sluggish downstream demand market and other factors have prompted the temporary price of wheat to rise. The state has begun to support market prices to drive them.