Specifically, when there is an oversupply in the grain market and the grain price falls, the state can use the grain risk fund to sell the grain to the market, so as to increase the market supply and stabilize the grain price. On the contrary, when the grain market is in short supply and the grain price rises, the state can use the grain risk fund to buy grain, increase the market supply and stabilize the grain price.
In addition, the grain risk fund can also be used to support grain producers to carry out scientific research, technology popularization, quality improvement and other activities that are conducive to improving the level of grain production, so as to promote the sustainable development of grain production. At the same time, the grain risk fund can also be used to support grain circulation, storage and processing, and improve the efficiency of grain circulation and the level of grain quality and safety.
In a word, the purpose of establishing grain risk fund is to ensure national food security, safeguard the interests of grain producers, promote the sustainable development of grain production, and improve the efficiency of grain circulation and the level of grain quality and safety.
Expansive material:
With regard to grain funds, the provincial finance department is responsible for preparing the monthly report of grain risk funds. After the monthly report is audited and signed by the Agricultural Development Bank at the same level, it shall be submitted to the Ministry of Finance before the 5th of the following month, and copied to the Agricultural Development Bank of China and the State Grain Bureau. Summarize and strengthen the supervision and management of grain risk funds, and ensure the implementation of the grain governor responsibility system and the grain risk fund contracting policy.